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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Interest and Dividend Income    
Interest and fees on loans $ 32,797 $ 29,497
Interest on deposits in banks 213 190
Interest on federal funds sold 10 0
Interest and dividends on securities:    
Taxable interest 3,100 2,448
Tax-exempt interest 936 617
Dividends 88 99
Total interest and dividend income 37,144 32,851
Interest Expense    
Interest on deposits 1,415 2,589
Interest on subordinated debt 619 501
Interest on junior subordinated debt 270 293
Total interest expense 2,304 3,383
Net interest income 34,840 29,468
(Recovery of) provision for loan losses (650) 3,000
Net interest income after (recovery of) provision for loan losses 35,490 26,468
Noninterest Income    
Noninterest income 9,019 7,493
Income from bank owned life insurance 526 469
Net gains on securities available for sale 37 40
Net gains on sale of loans 25 70
Net gains on disposal of premises and equipment 15 29
Other operating income 555 113
Total noninterest income 10,187 8,254
Noninterest Expense    
Salaries and employee benefits 17,792 13,321
Occupancy 1,856 1,666
Equipment 1,910 1,707
Marketing 666 355
Supplies 509 394
Legal and professional fees 2,537 1,152
ATM and check card expenses 1,145 980
FDIC assessment 346 247
Bank franchise tax 665 637
Data processing expense 2,156 759
Amortization expense 28 151
Other real estate owned expense, net 26 0
Other operating expense 3,096 2,446
Total noninterest expense 32,732 23,815
Income before income taxes 12,945 10,907
Income tax expense 2,586 2,049
Net income $ 10,359 $ 8,858
Earnings per common share    
Basic (in dollars per share) $ 1.87 $ 1.82
Diluted (in dollars per share) $ 1.86 $ 1.82
Deposit Account [Member]    
Noninterest Income    
Noninterest income $ 2,061 $ 2,028
Credit and Debit Card [Member]    
Noninterest Income    
Noninterest income 2,930 2,314
Asset Management [Member]    
Noninterest Income    
Noninterest income 2,712 2,208
Financial Service, Other [Member]    
Noninterest Income    
Noninterest income 787 627
Mortgage Banking [Member]    
Noninterest Income    
Noninterest income $ 539 $ 356