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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest and Dividend Income    
Interest and fees on loans $ 7,143 $ 7,203
Interest on deposits in banks 33 118
Interest and dividends on securities:    
Taxable interest 717 670
Tax-exempt interest 180 151
Dividends 22 26
Total interest and dividend income 8,095 8,168
Interest Expense    
Interest on deposits 363 962
Interest on subordinated debt 154 90
Interest on junior subordinated debt 66 90
Total interest expense 583 1,142
Net interest income 7,512 7,026
Provision for loan losses 900
Net interest income after provision for loan losses 7,512 6,126
Noninterest Income    
Noninterest income 1,972 1,932
Income from bank owned life insurance 113 115
Net gains on securities available for sale 37
Net gains on sale of loans 7 31
Other operating income 14 21
Total noninterest income 2,143 2,099
Noninterest Expense    
Salaries and employee benefits 3,555 3,589
Occupancy 447 402
Equipment 431 410
Marketing 106 106
Supplies 88 89
Legal and professional fees 737 279
ATM and check card expense 231 245
FDIC assessment 69 30
Bank franchise tax 168 153
Data processing expense 204 184
Amortization expense 14 52
Other operating expense 600 605
Total noninterest expense 6,650 6,144
Income before income taxes 3,005 2,081
Income tax expense 569 376
Net income $ 2,436 $ 1,705
Earnings per common share    
Basic (in dollars per share) $ 0.50 $ 0.34
Diluted (in dollars per share) $ 0.50 $ 0.34
Deposit Account [Member]    
Noninterest Income    
Noninterest income $ 442 $ 681
Credit and Debit Card [Member]    
Noninterest Income    
Noninterest income 601 519
Asset Management [Member]    
Noninterest Income    
Noninterest income 643 525
Financial Service, Other [Member]    
Noninterest Income    
Noninterest income $ 286 $ 207