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04 | CONSOLIDATED STATEMENTS OF INCOMEDecember 31, 2025 (unaudited) and 2024(dollars in thousands except per share data)2025 2024INCOME & EXPENSESInterest and Dividend IncomeLoans, including fees $ 47,793 $ 41,470 Debt securitiesTaxable 2,690 3,257 Tax-exempt 2,692 2,697Dividends on Federal Reserve and Federal Home Loan Bank Stock 109 96 Federal funds sold and deposits with financial institutions 2,126 3,276 TOTAL INTEREST INCOME 55,410 50,796 Interest ExpenseDeposits 16,621 18,194 Federal Home Loan Bank advances 118 7TOTAL INTEREST EXPENSE 16,739 18,201 Net Interest Income 38,671 32,595Provision for credit losses 771 1,239NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 37,900 31,356Non-interest IncomeFiduciary activities 7,108 6,261 Customer service fees 5,743 5,385 Brokerage and insurance services 3,111 2,776 Net gain on mortgage loan sales 59 19 Net realized gains on available for sale securities - 5 Other 551 1,171 TOTAL NON-INTEREST INCOME 16,572 15,617 Non-Interest ExpenseSalaries and benefits 22,110 20,307 Occupancy 3,298 2,844 Data processing 3,332 3,354 Professional fees 1,218 1,007 Federal Deposit Insurance Corporation assessment 521 556 Other real estate owned, net 22 -Net realized loss on available for sale securities 2,446 - Other 4,639 4,364TOTAL NON-INTEREST EXPENSE 37,586 32,432 Income before income taxes 16,886 14,541Provision for income taxes 3,612 3,015NET INCOME $ 13,274 $ 11,526BASIC EARNINGS PER SHARE $ 15.47 $ 13.40