Financial Highlights (Unaudited)
($ in Thousands, Except Share and Per Share Data)
For the Quarter Ending
Year To Date
Income Statement
30-Sep-25
30-Sep-24
% Change
30-Sep-25
30-Sep-24
Net Interest Income
$ 9,534
$ 8,350
14.2 %
$ 26,752
$ 24,460
Provision for Loan Losses
200
–
0.0 %
200
300
Noninterest Income
1,432
1,482
-3.4 %
4,233
4,108
Noninterest Expense
6,743
6,275
7.5 %
20,160
19,007
Provision for Income Taxes
1,083
922
17.5 %
2,892
2,473
Net Income
$ 2,940
$ 2,635
11.6 %
$ 7,733
$ 6,788
Ratios
Return on Average Assets *
1.14 %
1.04 %
9.8 %
1.07 %
0.94 %
Return on Average Stockholders’ Equity *
13.15 %
13.05 %
0.7 %
12.42 %
11.81 %
Net Interest Margin
3.75 %
3.33 %
12.5 %
3.59 %
3.30 %
Allowance for Credit Losses on Loans to Gross Loans
1.25 %
1.30 %
-3.7 %
1.25 %
1.30 %
Dividends Per Share
$ –
$ –
NA
$ 2.50
$ 2.50
Earnings Per Share
$ 2.99
$ 2.69
11.3 %
$ 7.86
$ 6.93
End of Period
End of Period
Balance Sheet Data
30-Sep-25
30-Sep-24
% Change
31-Dec-24
31-Dec-23
Total Assets
$ 1,019,409
$ 1,004,524
1.5 %
$ 976,886
$ 958,795
Loans, Net of Allowance for Loan Loss
$ 707,436
$ 642,515
10.1 %
$ 638,832
$ 639,509
Deposits
$ 904,460
$ 898,302
0.7 %
$ 871,306
$ 861,203
Trust Preferred Securities
$ 10,310
$ 10,310
0.0 %
$ 10,310
$ 10,310
Other Borrowings
$ 4,800
$ 7,763
-38.2 %
$ 7,763
$ 7,763
Tangible Shareholders’ Equity
$ 88,193
$ 78,336
12.6 %
$ 81,003
$ 73,246
Trust and Wealth Management Assets
$ 1,130,313
$ 1,018,221
11.0 %
$ 1,019,951
$ 954,480
Stock Value Per Common Share Data
Price-To-Earnings Ratio *
8.09
7.02
15.2 %
8.30
6.31
Price-To-Tangible Book Value Ratio
1.07
0.94
13.9 %
1.00
0.93
Tangible Book Value Per Share
$ 89.66
$ 79.83
12.3 %
$ 82.33
$ 74.36
Number of Shares Outstanding
983,615
981,235
983,905
985,039
Average Number of Shares Outstanding
983,645
981,250
983,386
982,767
Stock Price – High
$ 96.00
$ 75.80
$ 82.59
$ 70.00
Low
$ 88.00
$ 73.30
$ 75.95
$ 66.75
Ending
$ 96.00
$ 75.05
$ 82.59
$ 69.50