v3.26.1
Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest Income    
Interest and fees on loans $ 29,518 $ 31,111
Interest and dividends on investments securities    
U.S. government agencies 23 37
Mortgage-backed securities 84 86
Other 256 233
Interest on interest-bearing deposits at other financial institutions 10 946
Interest on federal funds sold 985 223
Total Interest Income 31,218 32,963
Interest Expense    
Interest on interest-bearing demand deposits 890 1,048
Interest on savings and NOW deposits 389 221
Interest on money market deposits 3,991 5,276
Interest on time deposits 7,650 9,031
Interest on federal funds purchased 25 65
Interest on subordinated debt 779 812
Total Interest Expense 13,724 16,453
Net Interest Income 17,494 16,510
Provision For Credit Losses - Loans 0 0
Provision For Credit Losses - Off-Balance Sheet Credit Exposure (131) 0
Net Interest Income After Provision For Credit Losses 17,625 16,510
Non-Interest Income    
Deposit account service charges 573 530
Bank owned life insurance income 319 302
Gain on retirement of subordinated debt 0 60
Loss on sale of other real estate owned (685) 0
Other non-interest income 200 47
Total Non-Interest Income 407 939
Non-Interest Expense    
Salaries and employee benefits 7,551 8,385
Furniture and equipment expenses 758 1,016
Advertising and marketing 296 481
Occupancy expenses 365 396
Outside services 460 1,173
Franchise tax 551 524
FDIC insurance 390 360
Data processing 367 362
Administrative expenses 241 229
Other real estate owned expenses 220 0
Other operating expenses 1,475 1,388
Total Non-Interest Expense 12,674 14,314
Income Before Income Taxes 5,358 3,135
Income Tax Expense 1,258 682
Net Income 4,100 2,453
Preferred Stock Dividends 539 539
Net Income Available to Common Shareholders $ 3,561 $ 1,914
Earnings Per Common Share:    
Basic (in dollars per share) $ 0.48 $ 0.25
Diluted (in dollars per share) $ 0.48 $ 0.25
US States and Political Subdivisions Debt Securities [Member]    
Interest and dividends on investments securities    
Tax-exempt securities $ 287 $ 263
Taxable securities $ 55 $ 64