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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest and Dividend Income        
Interest and fees on loans $ 10,049 $ 9,312 $ 29,206 $ 26,024
Interest and dividends on securities available for sale:        
Taxable interest income 600 660 1,596 2,270
Interest income exempt from federal income taxes 96 142 321 461
Dividends 11 28 35 62
Interest on deposits in banks 26 8 53 100
Interest on federal funds sold       1
Total interest and dividend income 10,782 10,150 31,211 28,918
Interest Expense        
Interest on deposits 383 683 1,304 2,664
Interest on Federal Home Loan Bank advances       25
Total interest expense 383 683 1,304 2,689
Net interest income 10,399 9,467 29,907 26,229
Provision for Loan Losses 300 100 1,183 755
Net interest income after provision for loan losses 10,099 9,367 28,724 25,474
Noninterest Income        
Income from fiduciary activities 503 381 1,243 1,081
Service charges on deposit accounts 301 220 759 674
Other service charges and fees 1,374 1,251 4,037 3,502
Gain on sale of securities   158 24 687
Gain on sale of loans 486   845  
Bank owned life insurance income 145 74 368 217
Other operating income 72 132 682 167
Total noninterest income 2,881 2,216 7,958 6,328
Noninterest Expenses        
Salaries and employee benefits 5,947 4,739 15,973 13,200
Occupancy expenses 450 414 1,319 1,212
Equipment expenses 246 282 708 766
Advertising and marketing expenses 168 152 474 509
Stationery and supplies 27 28 125 94
ATM network fees 285 252 847 737
Other real estate owned expense 32 (3) 37 (4)
Loss (gain) on other real estate owned 26   128 (132)
FDIC assessment 169 75 409 116
Computer software expense 282 200 752 481
Bank franchise tax 199 178 583 528
Professional fees 289 188 1,118 859
Data processing fees 418 301 1,193 1,164
Other operating expenses 985 659 2,500 1,824
Total noninterest expenses 9,523 7,465 26,166 21,354
Income before income taxes 3,457 4,118 10,516 10,448
Income Tax Expense 584 712 1,778 1,782
Net income $ 2,873 $ 3,406 $ 8,738 $ 8,666
Earnings Per Share        
Net income per common share, basic $ 0.83 $ 0.99 $ 2.54 $ 2.53
Net income per common share, diluted $ 0.83 $ 0.99 $ 2.54 $ 2.53