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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
INTEREST INCOME    
Loans receivable, including fees $ 66,013 $ 65,257
Securities: Taxable 7,262 4,055
Securities: Tax exempt 1,789 1,492
Interest-bearing deposits with banks 602 266
Total Interest Income 75,666 71,070
INTEREST EXPENSE    
Deposits 6,471 4,757
Short-term borrowings 524 284
Other borrowings 274 716
Total Interest Expense 7,269 5,757
Net Interest Income 68,397 65,313
PROVISION FOR LOAN LOSSES 900 4,200
Net Interest Income After Provision for Loan Losses 67,497 61,113
OTHER INCOME    
OTHER INCOME 8,761 7,021
Net realized gains on sales of securities 3 92
Net gain on sale of loans 3 177
Net gain on sale of foreclosed real estate owned 427 36
Earnings and proceeds on life insurance policies 1,087 941
Other 1,906 674
Total Other Income 9,932 8,361
OTHER EXPENSES    
Salaries and employee benefits 22,071 20,608
Occupancy 3,701 3,533
Furniture and equipment 1,266 1,289
Data processing and related operations 2,948 2,415
Federal Deposit Insurance Corporation insurance assessment 612 681
Advertising 516 473
Professional fees 1,719 1,582
Postage and telephone 959 993
Taxes, other than income 1,013 1,122
Foreclosed real estate 73 151
Amortization of intangible assets 101 123
Other 6,065 5,644
Total Other Expenses 41,044 38,614
Income before Income Taxes 36,385 30,860
INCOME TAX EXPENSE 7,152 5,945
Net income $ 29,233 $ 24,915
EARNINGS PER SHARE BASIC $ 3.59 $ 3.05
EARNINGS PER SHARE DILUTED $ 3.58 $ 3.04
Service Charges And Fees [Member]    
OTHER INCOME    
OTHER INCOME $ 5,661 $ 5,693
Income From Fiduciary Activities [Member]    
OTHER INCOME    
OTHER INCOME $ 845 $ 748