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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Interest income:    
Interest and fees on loans $ 51,469 $ 47,749
Interest on investment securities 4,400 2,871
Interest on deposits in banks 1,956 1,998
Other 435 188
Total interest income 58,260 52,806
Interest expense:    
Interest on deposits 21,549 14,350
Interest on borrowings 562 1,106
Total interest expense 22,111 15,456
Net interest income 36,149 37,350
Provision for credit losses 622 319
Net interest income after provision for credit losses 35,527 37,031
Non-interest income:    
Revenue from Contract with Customer, Including Assessed Tax $ 1,232 $ 1,197
Revenue, Product and Service [Extensible Enumeration] Service [Member] Service [Member]
Lease income $ 1,033 $ 949
Other income, net 1,318 1,235
Total non-interest income 3,583 3,381
Non-interest expense:    
Salaries and employee benefits 15,460 16,076
Net occupancy and equipment 3,761 3,479
Computer services 1,687 1,756
Insurance expense and assessments 1,510 1,583
Fees for professional services 1,184 1,105
Other expense 4,754 5,142
Total non-interest expense 28,356 29,141
Income before income taxes 10,754 11,271
Provision for income taxes 2,584 2,786
Net income $ 8,170 $ 8,485
Basic net income per share $ 1.4 $ 1.42
Diluted net income per share 1.33 1.33
Dividends per share $ 0.22 $ 0.2