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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest Income        
Loans $ 9,492 $ 9,004 $ 27,739 $ 25,375
Securities        
US Government and agency obligations 540 369 1,542 1,068
Mortgage backed securities 386 442 1,150 1,974
Municipals 395 316 1,078 927
Dividends 15 12 63 59
Corporates 136 136 407 407
Interest bearing deposits 150 303 400 628
Federal Funds sold 657 981 2,264 2,569
Total interest income 11,771 11,563 34,643 33,007
Deposits        
NOW, money market and savings 1,273 1,487 3,779 4,145
Time deposits 2,114 2,375 6,138 6,731
Finance leases 16 18 50 58
Capital notes   92 163 278
Other borrowings 68 82 244 245
Total interest expense 3,471 4,054 10,374 11,457
Net interest income 8,300 7,509 24,269 21,550
Provision for (recovery of) credit losses 91 92 (301) (584)
Net interest income after provision for (recovery of) credit losses 8,209 7,417 24,570 22,134
Noninterest income        
Gains on sales of loans held for sale 1,242 1,326 3,668 3,526
Service charges, fees and commissions 1,046 991 3,002 2,930
Wealth management fees 1,362 1,244 3,917 3,583
Life insurance income 195 189 573 531
Other 297 31 340 669
Gain on sales of available-for-sale securities, net 27 42 27 82
Total noninterest income 4,169 3,823 11,527 11,321
Noninterest expenses        
Salaries and employee benefits 5,516 4,920 15,650 14,256
Occupancy 523 514 1,590 1,493
Equipment 697 640 2,021 1,879
Supplies 153 131 463 397
Professional and other outside expense 725 688 3,194 2,125
Data processing 381 794 1,984 2,352
Marketing 249 220 684 481
Credit expense 216 190 665 612
FDIC insurance expense 132 94 394 329
Amortization of intangibles 140 140 420 420
Other 428 445 1,376 1,258
Total noninterest expenses 9,160 8,776 28,441 25,602
Income before income taxes 3,218 2,464 7,656 7,853
Income tax expense 466 474 1,357 1,527
Net Income $ 2,752 $ 1,990 $ 6,299 $ 6,326
Weighted average shares outstanding - basic 4,543,338 4,543,338 4,543,338 4,543,338
Weighted average shares outstanding - diluted 4,543,338 4,543,338 4,543,338 4,543,338
Net income per common share - basic $ 0.61 $ 0.44 $ 1.39 $ 1.39
Earnings per common share - diluted $ 0.61 $ 0.44 $ 1.39 $ 1.39