XML 113 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest and Dividend Income      
Interest and fees on loans $ 31,138 $ 27,890 $ 24,821
Interest and dividends on securities available for sale:      
Taxable interest income 3,089 2,744 2,278
Interest income exempt from federal income taxes 856 1,051 1,034
Dividends 70 59 61
Interest on deposits in banks 297 176 156
Interest on federal funds sold 4 3 1
Total interest and dividend income 35,454 31,923 28,351
Interest Expense      
Interest on deposits 4,193 2,490 1,084
Interest on federal funds purchased 31 25 13
Interest on Federal Home Loan Bank advances 15 0 57
Total interest expense 4,239 2,515 1,154
Net interest income 31,215 29,408 27,197
Provision For (Recovery Of) Loan Losses 629 777 (625)
Net interest income after provision for (recovery of) loan losses 30,586 28,631 27,822
Noninterest Income      
Gain (loss) on the sale and disposal of bank premises and equipment 137 (3) (12)
(Loss) gain on sale of securities (7) 17 (10)
Other operating income 169 114 463
Total noninterest income 7,759 6,879 6,780
Noninterest Expenses      
Salaries and employee benefits 15,025 14,083 13,643
Occupancy expenses 1,611 1,476 1,473
Equipment expenses 857 915 955
Advertising and marketing expenses 868 761 731
Stationery and supplies 172 195 173
ATM network fees 1,141 912 816
Other real estate owned expense 76 183 11
Loss (gain) on other real estate owned 443 866 (1)
FDIC assessment 105 225 222
Computer software expense 459 474 647
Bank franchise tax 656 583 534
Professional fees 1,057 1,036 1,007
Data processing fees 1,275 794 564
Other operating expenses 3,031 2,692 2,415
Total noninterest expenses 26,776 25,195 23,190
Income before income taxes 11,569 10,315 11,412
Income Tax Expense 1,810 1,314 3,626
Net income $ 9,759 $ 9,001 $ 7,786
Earnings Per Share      
Net income per common share, basic (in US dollars per share) $ 2.84 $ 2.60 $ 2.24
Net income per common share, diluted (in US dollars per share) $ 2.84 $ 2.60 $ 2.24
Fiduciary and Trust      
Noninterest Income      
Revenue from contract with customer $ 1,380 $ 1,360 $ 1,238
Service Charges On Deposit Accounts      
Noninterest Income      
Revenue from contract with customer 1,187 1,218 1,223
Other charges and fees      
Noninterest Income      
Revenue from contract with customer 412 365 342
Revenues $ 4,893 $ 4,173 $ 3,878