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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 income        
Loans, including fees $ 13,047 $ 5,394 $ 34,110 $ 16,064
Securities:        
Taxable 1,150 728 4,564 2,255
Tax exempt 914 352 1,760 1,079
Other 40 87 241 194
Total interest income 15,151 6,561 40,675 19,592
Interest expense        
Deposits 946 973 3,229 2,748
Advances from Federal Home Loan Bank 1 8 218 238
Other 142 10 149 39
Total interest expense 1,089 991 3,596 3,025
Net interest income 14,062 5,570 37,079 16,567
Provision for loan losses 1,225 0 3,000 0
Net interest income after provision for loan losses 12,837 5,570 34,079 16,567
Noninterest income        
Customer service charges 2,059 1,094 5,306 3,275
Insurance and investment commissions 137 88 416 225
Gains on sales of loans 3,617 638 8,356 1,373
Net gains (losses) on sales of securities (35) 19 1,308 22
Earnings on life insurance policies 193 99 577 290
Trust income 197 0 569 0
Change in market value of equity securities (238) (146) (184) 119
Other 396 143 661 417
Total noninterest income 6,326 1,935 17,009 5,721
Salaries and benefits 8,058 3,268 19,545 8,915
Occupancy and equipment 1,556 755 4,185 2,267
Data processing 1,585 676 4,637 1,814
Professional fees 1,221 836 2,897 2,031
Supplies and postage 178 91 685 266
Advertising and promotional 148 145 440 297
Intangible amortization 395 0 1,102 0
FDIC insurance 154 5 291 93
Other 1,254 601 3,333 1,790
Total noninterest expense 14,549 6,377 37,115 17,473
Income before income tax 4,614 1,127 13,973 4,815
Income tax expense 785 106 2,460 671
Net income $ 3,829 $ 1,021 $ 11,513 $ 4,144
Basic earnings per share (Note 4) (in dollars per share) $ 0.49 $ 0.28 $ 1.55 $ 1.14
Diluted earnings per share (Note 4) (in dollars per share) 0.49 0.28 1.55 1.14
Dividends declared, per share (in dollars per share) $ 0.20 $ 0.80 $ 0.60 $ 1.20