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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Interest and dividend income:    
Interest and fees on loans $ 59,391 $ 49,693
Interest and dividends on debt securities available-for-sale 913 1,549
Interest on short-term investments 99 296
Total interest and dividend income 60,403 51,538
Interest expense:    
Interest on deposits 5,203 6,258
Interest on borrowings 728 1,890
Total interest expense 5,931 8,148
Net interest and dividend income 54,472 43,390
Provision for loan losses 5,597 5,326
Net interest and dividend income after provision for loan losses 48,875 38,064
Noninterest income:    
Customer service fees on deposit accounts 1,331 1,452
Service charges and fees - other 1,322 1,783
Gain on sale of securities, net   113
Bank owned life insurance 809 699
Other income 81 64
Total noninterest income 3,543 4,111
Noninterest expense:    
Salaries and employee benefits 23,175 18,243
Occupancy expense 1,684 1,968
Equipment expense 577 444
Deposit insurance 416 203
Data processing 1,000 826
Marketing expense 223 385
Professional fees 1,868 1,210
Directors' compensation 750 741
Software depreciation and implemenation 959 734
Write down of other assets and receivables 2,207  
Other 2,949 2,802
Total noninterest expense 35,808 27,556
Income before income tax expense 16,610 14,619
Income tax expense 4,625 3,811
Net income $ 11,985 $ 10,808
Earnings per share:    
Basic $ 0.66 $ 0.60
Diluted $ 0.66 $ 0.60
Weighted Average Shares:    
Basic 18,090,229 17,958,186
Diluted 18,131,025 18,066,968