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Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Interest and fees on loans $ 12,241 $ 12,853
Interest on investment securities 1,412 865
Interest on deposits in banks 288 452
Other 77 107
Total interest income 14,018 14,277
Interest expense:    
Interest on deposits 4,869 5,099
Interest on borrowings 252 138
Total interest expense 5,121 5,237
Net interest income 8,897 9,040
Provision for credit losses 528 0
Net interest income after provision for credit losses 8,369 9,040
Non-interest income:    
Revenue from Contract with Customer, Including Assessed Tax $ 288 $ 299
Revenue, Product and Service [Extensible Enumeration] us-gaap:ServiceMember us-gaap:ServiceMember
Lease income $ 284 $ 257
Other income, net 303 309
Total non-interest income 875 865
Non-interest expense:    
Salaries and employee benefits 3,736 4,088
Net occupancy and equipment 875 894
Computer services 412 443
Insurance expense and assessments 384 391
Fees for professional services 215 341
Other expense 1,296 990
Total non-interest expense 6,918 7,147
Income before income taxes 2,326 2,758
Provision for income taxes 554 651
Net income $ 1,772 $ 2,107
Basic net income per share $ 0.30 $ 0.36
Diluted net income per share 0.29 0.34
Dividends per share $ 0.07 $ 0.05