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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income    
Loans, including fees $ 9,381 $ 10,168
Interest and dividends on investments:    
Taxable interest 1,623 1,062
Tax exempt interest 532 171
Dividend income 3 6
Interesting-bearing deposits in other banks 53 258
Total interest income 11,592 11,665
Interest expense    
Deposits 485 1,413
Subordinate notes 263  
Total interest expense 748 1,413
Net interest income 10,844 10,252
(Recovery of) provision for loan losses (800) 3,000
Net interest income after provision for loan losses 11,644 7,252
Noninterest income    
Investment and trust services fees 1,636 1,445
Loan service charges 196 141
Gain on sale of loans 782 144
Deposit service charges and fees 468 565
Other service charges and fees 396 347
Debit card income 517 418
Increase in cash surrender value of life insurance 115 124
Bank owned life insurance gain   812
Net losses on sales of debt securities   (10)
Change in fair value of equity securities 54 (127)
Other 63 30
Total noninterest income 4,227 3,889
Noninterest Expense    
Salaries and employee benefits 5,658 5,535
Net occupancy 910 830
Marketing and advertising 345 455
Legal and professional 475 395
Data processing 929 806
Pennsylvania bank shares tax 92 175
FDIC Insurance   60
FDIC Insurance 202  
ATM/debit card processing 296 264
Telecommunications 129 105
Nonservice pension 205 88
Other 924 815
Total noninterest expense 10,165 9,528
Income before federal income taxes 5,706 1,613
Federal income tax expense 876 (106)
Net income $ 4,830 $ 1,719
Per share    
Basic earnings per share $ 1.10 $ 0.40
Diluted earnings per share $ 1.09 $ 0.39