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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
INTEREST INCOME    
Loans receivable, including fees $ 54,046 $ 41,889
Securities: Taxable 2,915 3,277
Securities: Tax exempt 1,422 2,037
Interest-bearing deposits with banks 72 81
Total Interest Income 58,455 47,284
INTEREST EXPENSE    
Deposits 6,610 7,139
Short-term borrowings 325 468
Other borrowings 1,044 1,071
Total interest expense 7,979 8,678
Net Interest Income 50,476 38,606
PROVISION FOR LOAN LOSSES 5,450 1,250
Net Interest Income After Provision for Loan Losses 45,026 37,356
OTHER INCOME    
Other Income 6,209 5,448
Net realized gains on sales of securities 71 254
Net gain on sale of loans 527 169
Earnings and proceeds on life insurance policies 845 830
Other 540 465
Total Other Income 7,780 6,778
OTHER EXPENSES    
Salaries and employee benefits 17,121 14,655
Occupancy 3,128 2,936
Furniture and equipment 1,020 783
Data processing and related operations 2,457 1,869
Federal Deposit Insurance Corporation insurance assessment 399 153
Advertising 385 267
Professional fees 1,062 1,113
Postage and telephone 983 834
Taxes, other than income 997 751
Foreclosed real estate 53 45
Amortization of intangible assets 114 101
Merger related 2,049  
Other 4,672 3,804
Total Other Expenses 34,440 27,311
Income before Income Taxes 18,366 16,823
INCOME TAX EXPENSE 3,286 2,608
Net income $ 15,080 $ 14,215
EARNINGS PER SHARE    
BASIC $ 2.09 $ 2.27
DILUTED $ 2.09 $ 2.25
Service Charges And Fees [Member]    
OTHER INCOME    
Other Income $ 5,115 $ 4,450
Income From Fiduciary Activities [Member]    
OTHER INCOME    
Other Income $ 682 $ 610