Expense management remains a top priority for our bank. This focus is evident in our decision to consolidate nine Banking Centers, and eliminate a total of 66 positions across various divisions.

Jul 16, 2026 / receipt, needs a key / Joe Turner, CEO | earnings call 2026-07-16 | transcript 2a4b3b1f-5deb-4146-bc94-9b2aa66482b3 | chars 4815-5009 | segment 4

Our operating metrics remain sound, supported by disciplined expense management, careful balance sheet positioning, and our ongoing emphasis on relationship-based banking.

Jul 16, 2026 / receipt, needs a key / Joe Turner, CEO | earnings call 2026-07-16 | transcript 2a4b3b1f-5deb-4146-bc94-9b2aa66482b3 | chars 1764-1935 | segment 1

Expense management remains a top priority as well.

Oct 16, 2025 / receipt, needs a key / Joe Turner, CEO | earnings call 2025-10-16 | transcript a7ae27b4-311d-4685-8b57-30d59e680eab | chars 4748-4798 | segment 4

Expense management remains a top priority for us as well.

Jul 17, 2025 / receipt, needs a key / Joe Turner, CEO | earnings call 2025-07-17 | transcript 9c0b6d8e-b0fe-45a4-827a-edf4e4356a22 | chars 5242-5299 | segment 5

limited workforce reductions

ir_statement / Sep 15, 2026 / receipt

Net Occupancy and Equipment Expense: Increased to $10.7 million, representing a $2.2 million year-over-year increase. This change was primarily driven by a one-time $1.4 million asset valuation allowa

ir_statement / Sep 15, 2026 / receipt

Salaries and Employee Benefits: Increased by $686,000 to $20.7 million compared to $20.0 million in the second quarter of 2025. This increase includes $561,000 in one-time severance costs recorded dur

ir_statement / Sep 15, 2026 / receipt

Total Non-Interest Expense: $38.2 million, a $3.2 million increase from $35.0 million in 2Q25, heavily driven by one-time consolidation and severance costs.

ir_statement / Sep 15, 2026 / receipt