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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
INTEREST AND DIVIDEND INCOME        
Loans, including fees $ 19,861 $ 16,057 $ 59,076 $ 47,763
Securities:        
Taxable 1,198 1,079 3,676 3,078
Tax-exempt 129 31 341 113
Dividends 60 78 205 253
Other 76 452 520 830
Total Interest Income 21,324 17,697 63,818 52,037
INTEREST EXPENSE        
Deposits 2,498 2,158 8,166 5,814
Short-term borrowings 15 21 44 73
Long-term borrowings 445 473 1,442 1,470
Total Interest Expense 2,958 2,652 9,652 7,357
Net Interest Income 18,366 15,045 54,166 44,680
PROVISION FOR LOAN LOSSES 1,550 150 8,100 425
Net Interest Income after Provision for Loan Losses 16,816 14,895 46,066 44,255
OTHER INCOME        
Commissions from insurance sales 1,688 1,763 4,745 4,997
Earnings on investment in bank-owned life insurance 365 296 1,090 869
Net (losses) gains on equity securities (82) 31 (483) 193
Other 746 531 2,116 1,075
Total Other Income 5,012 4,941 14,071 13,701
OTHER EXPENSES        
Salaries and employee benefits 8,625 7,340 25,731 21,494
Net occupancy 857 739 2,709 2,336
Equipment 1,284 1,165 4,039 3,487
Other tax 321 269 967 805
Professional services 265 263 921 746
Supplies and postage 145 163 554 547
Marketing and corporate relations 101 132 442 442
FDIC and regulatory 211 53 397 382
Merger related expenses 0 516 5,965 516
Intangible assets amortization 313 154 951 467
Foreclosed real estate (income) expenses (89) 46 (182) (10)
Other operating 1,277 1,134 3,728 3,708
Total Other Expenses 13,310 11,974 46,222 34,920
Income before Income Taxes 8,518 7,862 13,915 23,036
PROVISION FOR INCOME TAXES 1,747 1,552 2,570 4,396
Net Income $ 6,771 $ 6,310 $ 11,345 $ 18,640
PER SHARE DATA        
Basic earnings (in dollars per share) $ 0.79 $ 0.89 $ 1.32 $ 2.64
Cash dividends declared (in dollars per share) $ 0.25 $ 0.25 $ 0.75 $ 0.73
Service charges on deposit accounts        
OTHER INCOME        
Revenue from contract with customer, excluding assessed tax $ 827 $ 1,017 $ 2,460 $ 2,901
Income from fiduciary, investment management and brokerage activities        
OTHER INCOME        
Revenue from contract with customer, excluding assessed tax 659 651 1,982 1,841
Service charges on ATM and debit card transactions        
OTHER INCOME        
Revenue from contract with customer, excluding assessed tax $ 809 $ 652 $ 2,161 $ 1,825