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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest Income    
Loans, including fees $ 15,883 $ 14,680
Debt securities:    
U.S. Treasury and government agencies 1,146 713
Municipalities 262 211
Dividends 45 88
Federal funds sold 6 37
Other 122 133
Total interest income 17,464 15,862
Interest Expense    
Deposits 2,901 2,613
Federal funds purchased and securities sold under agreements to repurchase 244 185
Borrowed funds 266 287
Total interest expense 3,411 3,085
Net Interest Income - Before Provision for Loan Losses 14,053 12,777
Provision for Loan Losses 1,430 30
Net Interest Income After Provision For Loan Losses 12,623 12,747
Noninterest Income    
Net gain on sale of loans 227 102
Net gain (loss) on sale of available-for-sale securities 270 (26)
Total noninterest income 3,122 2,695
Noninterest Expense    
Salaries and wages 4,223 4,312
Employee benefits 1,677 1,594
Net occupancy expense 564 667
Furniture and equipment 758 696
Data processing 442 1,299
Franchise taxes 368 258
ATM expense 414 447
Advertising 303 260
Net loss on sale of other assets owned 1 15
FDIC assessment 72 96
Mortgage servicing rights amortization 132 75
Consulting fees 139 113
Other general and administrative 1,602 1,679
Total noninterest expense 10,695 11,511
Income Before Income Taxes 5,050 3,931
Income Taxes 945 707
Net Income $ 4,105 $ 3,224
Basic and Diluted Earnings Per Share $ 0.37 $ 0.29
Dividends Declared $ 0.16 $ 0.15
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 1,586 $ 1,578
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 1,039 $ 1,041