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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest and Dividend Income    
Interest and fees on loans $ 7,939 $ 7,518
Interest and dividends on securities available for sale:    
Taxable interest income 895 785
Interest income exempt from federal income taxes 167 242
Dividends 19 16
Interest on deposits with other institutions 86 31
Interest on federal funds sold 1 1
Total interest and dividend income 9,107 8,593
Interest Expense    
Interest on deposits 1,102 944
Interest on federal funds purchased 0 25
Total interest expense 1,102 969
Net interest income 8,005 7,624
(Recovery of) Provision for Loan Losses (97) 194
Net interest income after (recovery of) provision for loan losses 8,102 7,430
Noninterest Income    
Income from fiduciary activities 297 282
Service charges on deposit accounts 284 285
Other service charges and fees 1,104 1,071
(Loss) on sale of securities 0 (3)
Gain on disposal of bank premises and equipment 0 120
Other operating income 5 89
Total noninterest income 1,690 1,844
Noninterest Expenses    
Salaries and employee benefits 4,088 3,542
Occupancy expenses 395 428
Equipment expenses 232 202
Advertising and marketing expenses 205 218
Stationery and supplies 32 29
ATM network fees 242 230
Other real estate owned expense 2 0
(Gain) on other real estate owned (132) 0
FDIC assessment 0 53
Computer software expense 120 110
Bank franchise tax 174 146
Professional fees 354 385
Data processing fees 481 240
Other operating expenses 682 648
Total noninterest expenses 6,875 6,231
Income before income taxes 2,917 3,043
Income Tax Expense (Benefit) 476 472
Net income $ 2,441 $ 2,571
Earnings Per Share    
Net income per common share, basic $ 0.71 $ 0.74
Net income per common share, diluted $ 0.71 $ 0.74