XML 12 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest income:    
Interest and fees on loans $ 47,749 $ 38,015
Interest on investment securities 2,871 2,668
Interest on deposits in banks 1,998 439
Other 188 75
Total interest income 52,806 41,197
Interest expense:    
Interest on deposits 14,350 3,382
Interest on borrowings 1,106 874
Total interest expense 15,456 4,256
Net interest income 37,350 36,941
Provision for credit losses 319 3,308
Net interest income after provision for credit losses 37,031 33,633
Non-interest income:    
Revenue from Contract with Customer, Including Assessed Tax $ 1,197 $ 1,154
Revenue, Product and Service [Extensible Enumeration] Service [Member] Service [Member]
Lease income $ 949 $ 864
Other income, net 1,235 1,433
Total non-interest income 3,381 3,451
Non-interest expense:    
Salaries and employee benefits 16,076 16,418
Net occupancy and equipment 3,479 3,281
Computer services 1,756 1,639
Insurance expense and assessments 1,583 1,250
Fees for professional services 1,105 1,060
Other expense 5,142 4,424
Total non-interest expense 29,141 28,072
Income before income taxes 11,271 9,012
Provision for income taxes 2,786 2,148
Net income $ 8,485 $ 6,864
Basic net income per share $ 1.42 $ 1.13
Diluted net income per share 1.33 1.06
Dividends per share $ 0.2 $ 0.14