Financial Highlights

Balance Sheet ($000) June 30, 2026 (unaudited)
 December 31, 2025
 December 31, 2024 December 31, 2023
Total Assets 566,111 562,182 536,913 500,644
Total Net Loans 411,779 401,786 378,176
 347,911
Total Securities 100,716 104,252 106,964
 118,723
Total Deposits 522,393
 518,908
 494,669 426,057
Shareholders' Equity 39,207
 36,757
 30,043 24,958

Performance Ratios (%) June 30, 2026 (unaudited)
 December 31, 2025
 December 31, 2024 December 31, 2023
Return on Average Assets 0.97%
 0.77% 0.64% 0.87%
Return on Average Shareholders' Equity 14.53%
 15.30% 12.51% 16.37%
Net Interest Margin 3.49%
 2.84% 2.71% 3.08%
Loans/Deposits 78.83%
 76.45% 81.66% 73.35%
Securities/Assets 17.79%
 19.92% 23.71% 27.85%
Shareholders' Equity/Assets 6.93%
 5.60% 4.99% 4.88%
Efficiency Ratio
65.69% 70.96% 63.53%

Summary of Operations ($000) Quarter Ended  June 30, 2026 (unaudited)
 Year Ended December 31, 2025
 Year Ended December 31, 2024 Year Ended December 31, 2023
Interest Income                       14,125                     25,455                     18,986                     15,232
Interest Expense                       4,680                     10,976                       6,671                       2,262
Net Interest Income                       9,445                     14,479                     12,315                     12,970
Provision for Loan Losses                           220                           (11)                           292                           630
Net Interest Income After
Provision for Loan Losses		                       9,225                     14,490                     12,023                     12,340
Noninterest Income                           1,320                       2,338                       2,336                       2,221
Noninterest Expense                       7,089                     11,711                     10,700                       9,861
Income Before Income Taxes
                      3,456                       5,117                       3,659                       4,700
Income Tax Expense
                          696                       1,012                           622                           837
Net Income                       2,761                       4,105                       3,037                       3,863

Shareholder Information Quarter Ended June 30, 2026 (unaudited)
 Year Ended December 31, 2025
 Year Ended December 31, 2024 Year Ended December 31, 2023
Common Shares Outstanding
 
257,483 
 
257,483 
                  257,483
 
257,483 
Basic and Diluted Earnings Per Share ($)
 
10.72
 
16.17 
                       15.94                       11.15
Book Value Per Share ($)
 
152.27
 
142.76 
                     116.68                       95.36