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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest and dividend income:        
Loans, including fees $ 14,692 $ 14,666 $ 29,309 $ 28,894
Taxable securities 1,951 1,397 3,753 2,884
Tax exempt securities 266 265 527 536
Interest-earning deposits 36 144 96 542
Total interest and dividend income 16,945 16,472 33,685 32,856
Interest expense:        
Deposits 832 827 1,753 2,113
Borrowed funds 34 54 67 90
Total interest expense 866 881 1,820 2,203
Net interest income 16,079 15,591 31,865 30,653
Provision for loan losses (150) 260 (409) 3,310
Net interest income after provision for loan losses 16,229 15,331 32,274 27,343
Non-interest income:        
Changes in fair value of equity investments 102 156 188 (90)
Net gains on sales of loans held for sale 342 288 642 363
Net (losses) on sales of other real estate owned 0 (48) (18) (77)
Income from bank-owned life insurance 12 14 27 133
Other 1,239 801 1,959 1,468
Total non-interest income 6,492 5,080 12,113 9,810
Non-interest expenses:        
Salaries and wages 6,037 5,822 11,799 11,590
Pension and other employee benefits 1,480 1,334 2,939 2,850
Other components of net periodic pension and postretirement benefits (391) (243) (782) (508)
Net occupancy 1,491 1,430 3,014 2,952
Furniture and equipment 410 560 776 1,035
Data processing 2,048 1,939 4,051 3,853
Professional services 535 531 989 860
Amortization of intangible assets 89 119 190 251
Marketing and advertising 284 82 410 406
Other real estate owned 5 5 17 34
FDIC insurance 329 229 719 479
Loan expense 290 187 524 497
Other 1,244 1,232 2,558 2,677
Total non-interest expenses 13,851 13,227 27,204 26,976
Income before income tax expense 8,870 7,184 17,183 10,177
Income tax expense 2,075 1,357 3,858 1,859
Net income $ 6,795 $ 5,827 $ 13,325 $ 8,318
Weighted average shares outstanding, basic (in shares) 4,683 4,850 4,688 4,868
Weighted average shares outstanding, diluted (in shares) 4,683 4,850 4,688 4,868
Basic earnings per share (in dollars per share) $ 1.45 $ 1.20 $ 2.84 $ 1.71
Diluted earnings per share (in dollars per share) $ 1.45 $ 1.20 $ 2.84 $ 1.71
WMG fee income        
Non-interest income:        
Revenue from contract with customer, excluding assessed tax $ 2,803 $ 2,323 $ 5,481 $ 4,552
Service charges on deposit accounts        
Non-interest income:        
Revenue from contract with customer, excluding assessed tax 732 564 1,449 1,554
Interchange revenue from debit card transactions        
Non-interest income:        
Revenue from contract with customer, excluding assessed tax $ 1,262 $ 982 $ 2,385 $ 1,907