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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest and Dividend Income    
Interest and fees on loans $ 9,408 $ 7,939
Interest and dividends on securities available for sale:    
Taxable interest income 466 895
Interest income exempt from federal income taxes 118 167
Dividends 12 19
Interest on deposits in banks 12 86
Interest on federal funds sold   1
Total interest and dividend income 10,016 9,107
Interest Expense    
Interest on deposits 487 1,102
Total interest expense 487 1,102
Net interest income 9,529 8,005
Provision for (Recovery of) Loan Losses 599 (97)
Net interest income after provision for (recovery of) loan losses 8,930 8,102
Noninterest Income    
Income from fiduciary activities 341 297
Service charges on deposit accounts 217 284
Other service charges and fees 1,309 1,104
Gain on sale of securities 76  
Other operating income 484 5
Total noninterest income 2,427 1,690
Noninterest Expenses    
Salaries and employee benefits 4,716 4,088
Occupancy expenses 456 395
Equipment expenses 224 232
Advertising and marketing expenses 108 205
Stationery and supplies 38 32
ATM network fees 250 242
Other real estate owned expense (1) 2
Loss (gain) on other real estate owned 10 (132)
FDIC assessment 107  
Computer software expense 189 120
Bank franchise tax 189 174
Professional fees 460 354
Data processing fees 402 481
Other operating expenses 768 682
Total noninterest expenses 7,916 6,875
Income before income taxes 3,441 2,917
Income Tax Expense 579 476
Net income $ 2,862 $ 2,441
Earnings Per Share    
Net income per common share, basic $ 0.84 $ 0.71
Net income per common share, diluted $ 0.84 $ 0.71