XML 10 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income:        
Interest and fees on loans $ 13,413 $ 13,206 $ 38,643 $ 38,989
Interest on investment securities 1,391 1,121 4,138 3,094
Interest on deposits in banks 402 603 1,141 1,478
Other 75 87 231 279
Total interest income 15,281 15,017 44,153 43,840
Interest expense:        
Interest on deposits 5,368 5,709 15,362 16,018
Interest on borrowings 251 123 756 421
Total interest expense 5,619 5,832 16,118 16,439
Net interest income 9,662 9,185 28,035 27,401
Provision for credit losses 566 152 3,811 152
Net interest income after provision for credit losses 9,096 9,033 24,224 27,249
Non-interest income:        
Revenue from Contract with Customer, Including Assessed Tax $ 289 $ 312 $ 855 $ 909
Revenue, Product and Service [Extensible Enumeration] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Lease income $ 262 $ 260 $ 815 $ 770
Other income, net 309 329 914 922
Total non-interest income 860 901 2,584 2,601
Non-interest expense:        
Salaries and employee benefits 3,759 3,837 11,440 11,815
Net occupancy and equipment 987 958 2,799 2,806
Computer services 431 449 1,264 1,336
Insurance expense and assessments 348 348 1,098 1,153
Fees for professional services 363 299 1,048 1,004
Other expense 1,549 1,099 4,150 3,295
Total non-interest expense 7,437 6,990 21,799 21,409
Income before income taxes 2,519 2,944 5,009 8,441
Provision for income taxes 583 722 1,146 1,985
Net income $ 1,936 $ 2,222 $ 3,863 $ 6,456
Basic net income per share $ 0.33 $ 0.38 $ 0.66 $ 1.1
Diluted net income per share 0.32 0.36 0.64 1.04
Dividends per share $ 0.07 $ 0.05 $ 0.21 $ 0.15