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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
INTEREST INCOME:    
Interest and fees on loans $ 12,161 $ 13,765
Interest on deposits in other banks 57 32
Interest and dividends on investment securities:    
Taxable 4,524 2,733
Exempt from Federal income taxes 1,440 1,317
Total interest income 18,182 17,847
INTEREST EXPENSE:    
Interest on deposits 252 268
Interest on junior subordinated deferrable interest debentures 333 24
Total interest expense 585 292
Net interest income before provision for credit losses 17,597 17,555
(REVERSAL OF) PROVISION FOR CREDIT LOSSES 0 (1,800)
Net interest income after provision for credit losses 17,597 19,355
NON-INTEREST INCOME:    
Service charges 539 432
Appreciation in cash surrender value of bank-owned life insurance 242 173
Interchange fees 442 370
Net realized gains on sales and calls of investment securities 206 0
Federal Home Loan Bank dividends 85 70
Loan placement fees 299 657
Other income 21 297
Total non-interest income 1,834 1,999
NON-INTEREST EXPENSES:    
Salaries and employee benefits 6,944 6,938
Occupancy and equipment 1,162 1,113
Professional services 374 356
Data processing 541 617
Regulatory assessments 222 161
ATM/Debit card expenses 195 225
Information technology 758 559
Directors’ expenses 45 41
Advertising 140 129
Internet banking expense 21 124
Amortization of core deposit intangibles 140 174
Other 903 951
Total non-interest expenses 11,445 11,388
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 7,986 9,966
Provision for income taxes 1,900 2,487
Net income $ 6,086 $ 7,479
Earnings per common share:    
Basic earnings per common share (in dollars per share) $ 0.51 $ 0.60
Weighted average common shares used in basic computation (in shares) 11,829,245 12,495,606
Diluted earnings per common share (in dollars per share) $ 0.51 $ 0.60
Weighted average common shares used in diluted computation (in shares) 11,872,025 12,547,137
Cash dividends per common share (in dollars per share) $ 0.12 $ 0.11