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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Interest and Dividend Income:    
Loans, including fees $ 58,861 $ 59,089
Taxable securities 8,935 6,004
Tax exempt securities 1,061 1,060
Interest-earning deposits 151 754
Total interest and dividend income 69,008 66,907
Interest Expense:    
Deposits 3,284 3,827
Borrowed funds 135 161
Total interest expense 3,419 3,988
Net interest income 65,589 62,919
Provision for loan losses 17 4,239
Net interest income after provision for loan losses 65,572 58,680
Non-Interest Income:    
Net gains on securities transactions 0 0
Change in fair value of equity investments 246 89
Net gain on sales of loans held for sale 1,073 1,730
Net gains (losses) on sales of other real estate owned (16) (79)
Income from bank owned life insurance 52 161
Other 3,385 2,529
Total non-interest income 23,870 21,124
Non-Interest Expenses:    
Salaries and wages 24,413 24,250
Pension and other employee benefits 6,086 5,553
Other components of net periodic pension cost (benefit) (1,583) (1,017)
Net occupancy expenses 5,873 5,885
Furniture and equipment expenses 1,669 2,078
Data processing expense 8,519 7,576
Professional services 1,932 1,725
Legal accruals and settlements 0 0
Amortization of intangible assets 243 484
Marketing and advertising expense 792 631
Other real estate owned expenses 40 102
FDIC insurance 1,408 987
Loan expense 1,037 1,173
Other 5,253 6,508
Total non-interest expenses 55,682 55,935
Income before income tax expense 33,760 23,869
Income tax expense 7,335 4,607
Net income $ 26,425 $ 19,262
Weighted average shares outstanding, basic (in shares) 4,683 4,802
Weighted average shares outstanding, diluted (in shares) 4,683 4,802
Basic earnings per share (in dollars per share) $ 5.64 $ 4.01
Diluted earnings per share (in dollars per share) $ 5.64 $ 4.01
WMG    
Non-Interest Income:    
Revenues from contracts with customer $ 11,072 $ 9,492
Service Charge on Deposits    
Non-Interest Income:    
Revenues from contracts with customer 3,214 3,134
Interchange revenue from debit card transactions    
Non-Interest Income:    
Revenues from contracts with customer $ 4,844 $ 4,068