XML 78 R60.htm IDEA: XBRL DOCUMENT v3.25.1
SELECTED QUARTERLY CONSOLIDATED FINANCIAL DATA (unaudited) (Tables)
12 Months Ended
Dec. 31, 2024
SELECTED QUARTERLY CONSOLIDATED FINANCIAL DATA (unaudited)  
Schedule of quarterly consolidated financial data

2024 QUARTER ENDED

    

DEC. 31

    

SEPT. 30

    

JUNE 30

    

MARCH 31

(IN THOUSANDS, EXCEPT PER SHARE DATA)

Interest income

$

17,063

$

16,708

$

16,510

$

16,224

Interest expense

 

7,524

 

7,821

 

7,635

 

7,477

Net interest income

 

9,539

 

8,887

 

8,875

 

8,747

Provision (recovery) for credit losses

 

1,058

 

(51)

 

434

 

(557)

Net interest income after provision (recovery) for credit losses

 

8,481

 

8,938

 

8,441

 

9,304

Non-interest income

 

4,453

 

4,203

 

4,372

 

4,947

Non-interest expense

 

11,858

 

11,721

 

13,297

 

11,864

Income (loss) before income taxes

 

1,076

 

1,420

 

(484)

 

2,387

Provision (benefit) for income taxes

 

187

 

237

 

(109)

 

483

Net income (loss)

$

889

$

1,183

$

(375)

$

1,904

Basic earnings per common share

$

0.05

$

0.07

$

(0.02)

$

0.11

Diluted earnings per common share

 

0.05

 

0.07

 

(0.02)

 

0.11

Cash dividends declared per common share

 

0.03

 

0.03

 

0.03

 

0.03

2023 QUARTER ENDED

    

DEC. 31

    

SEPT. 30

    

JUNE 30

    

MARCH 31

(IN THOUSANDS, EXCEPT PER SHARE DATA)

Interest income

$

15,968

$

15,439

$

14,879

$

14,574

Interest expense

 

7,379

 

6,640

 

5,769

 

5,052

Net interest income

 

8,589

 

8,799

 

9,110

 

9,522

Provision for credit losses

 

6,018

 

189

 

43

 

1,179

Net interest income after provision for credit losses

 

2,571

 

8,610

 

9,067

 

8,343

Non-interest income

 

2,764

 

4,256

 

3,862

 

5,507

Non-interest expense

 

12,133

 

12,095

 

13,177

 

11,963

(Loss) income before income taxes

 

(6,798)

 

771

 

(248)

 

1,887

(Benefit) provision for income taxes

 

(1,477)

 

124

 

(61)

 

372

Net (loss) income

$

(5,321)

$

647

$

(187)

$

1,515

Basic earnings per common share

$

(0.31)

$

0.04

$

(0.01)

$

0.09

Diluted earnings per common share

 

(0.31)

 

0.04

 

(0.01)

 

0.09

Cash dividends declared per common share

 

0.03

 

0.03

 

0.03

 

0.03