In millions, except per share items | Jun-30-23 | Mar-31-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 |
| 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
Interest income | | | | | | | | |
Loans | 31.2 | 28.7 | 27.0 | 23.2 | 22.0 | 21.4 | 21.5 | 19.9 |
Investment securities - taxable | 4.4 | 4.4 | 3.8 | 2.9 | 2.0 | 1.6 | 1.6 | 1.5 |
Investment securities - tax-exempt | 0.9 | 0.9 | 1.1 | 1.2 | 1.1 | 0.7 | 0.7 | 0.7 |
Short-term investments | 0.4 | 0.3 | | | 0.2 | 0.1 | | |
Total interest income | 36.9 | 34.3 | 32.1 | 27.4 | 25.4 | 23.8 | 23.9 | 22.2 |
|
Interest expense | | | | | | | | |
Deposits | 8.6 | 6.2 | 3.6 | 1.4 | 0.7 | 0.7 | 0.8 | 0.9 |
Securities sold under agreements to repurchase and federal funds purchased | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
FHLB advances and other borrowings | 1.4 | 1.3 | | 0.1 | 0.0 | 0.0 | | 0.1 |
Subordinated notes | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
Total interest expense | 10.5 | 8.0 | 4.6 | 2.0 | 1.2 | 1.2 | 1.3 | 1.6 |
Net interest income | 26.4 | 26.3 | 27.5 | 25.5 | 24.1 | 22.6 | 22.6 | 20.6 |
Provision for credit losses | 0.4 | 0.7 | | | 1.8 | 0.3 | | |
Net interest income after provision for credit losses | 26.0 | 25.6 | 26.9 | 24.0 | 22.3 | 22.3 | 21.5 | 20.3 |
|
Noninterest income | | | | | | | | |
Service charges on deposit accounts | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.8 | 0.8 |
Interchange income | 1.0 | 1.0 | 1.0 | 1.0 | 1.1 | 1.0 | 1.1 | 1.0 |
Other service charges, commissions and fees | 0.3 | 0.2 | | | 0.2 | 0.2 | | |
Swap fee income | 0.2 | | 0.7 | 0.2 | 0.8 | 1.0 | 0.2 | 0.1 |
Trust and investment management income | 1.9 | 1.9 | 1.8 | 2.0 | 1.9 | 1.9 | 2.0 | 1.9 |
Brokerage income | 0.9 | 0.9 | 0.8 | 0.9 | 1.0 | 0.9 | 0.9 | 1.0 |
Mortgage banking activities | 0.1 | 0.5 | 0.2 | -1.0 | 0.5 | 0.7 | 1.2 | 1.3 |
Income from life insurance | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
Investment securities losses | 0.0 | 0.0 | | | 0.0 | -0.1 | | |
Other income | 1.1 | 0.1 | 0.1 | 1.1 | 0.2 | 0.5 | 0.4 | 0.3 |
Total noninterest income | 7.2 | 6.1 | 6.2 | 6.1 | 7.2 | 7.5 | 7.3 | 7.7 |
|
Noninterest expenses | | | | | | | | |
Salaries and employee benefits | 13.1 | 12.2 | 12.7 | 12.7 | 11.3 | 11.3 | 12.1 | 11.5 |
Occupancy | 1.1 | 1.1 | 1.1 | 1.2 | 1.1 | 1.3 | 1.2 | 1.2 |
Furniture and equipment | 1.2 | 1.2 | 1.3 | 1.2 | 1.3 | 1.3 | 1.3 | 1.2 |
Data processing | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.1 | 1.0 | 1.0 |
Automated teller and interchange fees | 0.3 | 0.3 | | | 0.3 | 0.3 | | |
Advertising and bank promotions | 0.9 | 0.4 | 0.8 | 0.3 | 0.9 | 0.4 | 0.7 | 0.7 |
FDIC insurance | 0.5 | 0.5 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.2 |
Professional services | 0.5 | 0.7 | 0.8 | 0.9 | 0.7 | 0.8 | 0.7 | 0.6 |
Directors' compensation | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
Taxes other than income | 0.0 | 0.5 | 0.2 | 0.5 | 0.1 | 0.6 | 0.4 | 0.0 |
Intangible asset amortization | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
Other operating expenses | 1.5 | 1.6 | 2.0 | 1.2 | 1.2 | 1.6 | 1.7 | 1.9 |
Total noninterest expenses | 20.7 | 20.3 | 21.2 | 36.4 | 18.8 | 19.4 | 20.3 | 19.0 |
Income before income tax expense | 12.4 | 11.4 | 11.9 | -6.4 | 10.7 | 10.4 | 8.5 | 8.9 |
Income tax expense | 2.5 | 2.2 | 2.3 | -1.6 | 1.9 | 2.0 | 1.8 | 1.7 |
Net income | 9.8 | 9.2 | 9.6 | -4.8 | 8.9 | 8.4 | 6.7 | 7.2 |
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Per share information: | | | | | | | | |
Basic earnings per share (in usd per share) | $0.95 | $0.88 | $0.92 | ($0.47) | $0.84 | $0.77 | $0.62 | $0.66 |
Diluted earnings per share (in usd per share) | $0.94 | $0.87 | $0.90 | ($0.47) | $0.83 | $0.76 | $0.60 | $0.65 |
|
Dividends paid per share (in usd per share) | $0.20 | $0.20 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 |