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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income:      
Loans, including fees $ 37,037 $ 35,447 $ 32,789
Investment securities - taxable 5,011 5,271 4,755
Investment securities - non taxable 1,454 1,365 1,767
Other short term investments 276 547 418
Total interest income 43,778 42,630 39,729
Interest expense:      
Deposits 3,021 4,558 2,905
Securities sold under agreement to repurchase 190 386 293
Other borrowed money 544 837 783
Total interest expense 3,755 5,781 3,981
Net interest income 40,023 36,849 35,748
Provision for loan losses 3,663 139 346
Net interest income after provision for loan losses 36,360 36,710 35,402
Non-interest income:      
Deposit service charges 1,121 1,649 1,769
Mortgage banking income 5,557 [1] 4,555 [1] 3,895
Investment advisory fees and non-deposit commissions 2,720 [1] 2,021 [1] 1,683
Gain (loss) on sale of securities 99 [1] 136 [1] (342)
Gain (loss) on sale of other assets 147 (3) 24
Write-down on premises held for sale [1] (282) [1]
Non-recurring BOLI income 311 73
Other 3,814 [2] 3,660 [2] 3,542
Total non-interest income 13,769 11,736 10,644
Non-interest expense:      
Salaries and employee benefits 24,026 21,261 19,515
Occupancy 2,709 2,696 2,380
Equipment 1,237 1,493 1,513
Marketing and public relations 1,043 1,114 919
FDIC Insurance assessments 404 57 375
Other real estate expense 201 81 98
Amortization of intangibles 363 523 563
Other 7,551 7,392 6,760
Total non-interest expense 37,534 34,617 32,123
Net income before tax 12,595 13,829 13,923
Income tax expense 2,496 2,858 2,694
Net income $ 10,099 $ 10,971 $ 11,229
Basic earnings per common share $ 1.36 $ 1.46 $ 1.48
Diluted earnings per common share $ 1.35 $ 1.45 $ 1.45
[1] Not within the scope of ASC 606
[2] Includes Check Card Fee income discussed above.  No other items are within the scope of ASC 606.