income                      31        32            66        68 
  Miscellaneous 
   income                     124       114           237       223 
                      -----------   -------   -----------   ------- 
  Total 
   non-interest 
   income                     155       146           303       291 
                      -----------   -------   -----------   ------- 
NON-INTEREST 
EXPENSE: 
  Salaries and 
   employee 
   benefits                 1,138       916         2,163     1,823 
  Office building 
   and equipment 
   expenses                    90        84           184       170 
  Professional 
   Services 
   Expense                    170       125           371       252 
  Data Processing 
   Expense                    188       200           370       384 
  Other operating 
   expense                    214       197           399       414 
      Total 
       non-interest 
       expense              1,800     1,522         3,487     3,043 
                      -----------   -------   -----------   ------- 
  Income before 
   income taxes               499       637           737     1,132 
PROVISION FOR 
 INCOME TAXES                 130       166           192       295 
                      -----------   -------   -----------   ------- 
 
 Net Income          $        369  $    471  $        545  $    837 
                      ===========   =======   ===========   ======= 
EARNINGS PER 
SHARE: 
    Basic            $       0.49  $   0.62  $       0.72  $   1.10 
    Diluted          $       0.48  $   0.61  $       0.71  $   1.09 
DIVIDENDS DECLARED 
PER SHARE            $        ---  $    ---  $        ---  $    --- 
 
AVERAGE SHARES 
OUTSTANDING: 
    Basic                 759,632   761,257       759,632   761,257 
    Diluted               766,615   768,395       765,926   768,628 
 

Contact: Gates Little

(256) 543-3860

(END) Dow Jones Newswires

February 14, 2025 09:53 ET (14:53 GMT)