XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Earnings - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans, including fees $ 7,543 $ 6,990
Securities - Taxable 1,281 1,411
Securities - Tax-exempt 68 74
Federal funds sold and interest bearing bank deposits 969 754
Total interest income 9,861 9,229
Interest expense:    
Deposits 2,816 2,570
Short-term borrowings 0 2
Total interest expense 2,816 2,572
Net interest income 7,045 6,657
Provision for credit losses (10) 334
Net interest income after provision for loan losses 7,055 6,323
Noninterest income:    
Service charge on deposit accounts 155 156
Mortgage lending 93 150
Bank-owned life insurance income 105 102
Other noninterest income 394 479
Total noninterest income 747 887
Noninterest expense:    
Salaries and benefits 3,310 3,071
Net occupancy and equipment 714 763
Professional fees 287 326
Other noninterest expense 1,569 1,515
Total noninterest expense 5,880 5,675
Earnings before income taxes 1,922 1,535
Income tax expense 392 164
Net earnings $ 1,530 $ 1,371
Net earnings per share:    
Basic earnings per share $ 0.44 $ 0.39
Weighted average shares outstanding:    
Basic weighted average shares outstanding 3,493,699 3,493,663