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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Interest and Dividend Income    
Interest and fees on loans $ 11,512 $ 9,496
Interest on deposits in banks 344 70
Interest and dividends on securities:    
Taxable interest 1,339 1,132
Tax-exempt interest 306 305
Dividends 27 21
Total interest and dividend income 13,528 11,024
Interest Expense    
Interest on deposits 2,216 340
Interest on subordinated debt 69 69
Interest on junior subordinated debt 67 67
Total interest expense 2,352 476
Net interest income 11,176 10,548
Provision for credit losses 0 0
Net interest income after provision for credit losses 11,176 10,548
Noninterest Income    
Noninterest income 2,418 2,489
Income from bank owned life insurance 149 144
Other operating income 211 78
Total noninterest income 2,778 2,711
Noninterest Expense    
Salaries and employee benefits 5,346 5,124
Occupancy 528 572
Equipment 587 559
Marketing 268 151
Supplies 148 136
Legal and professional fees 343 333
ATM and check card expense 400 303
FDIC assessment 106 152
Bank franchise tax 254 216
Data processing expense 202 236
Amortization expense 5 4
Other real estate owned expense, net 3 28
Other operating expense 1,010 830
Total noninterest expense 9,200 8,644
Income before income taxes 4,754 4,615
Income tax expense 905 886
Net income $ 3,849 $ 3,729
Earnings per common share    
Basic (in dollars per share) $ 0.61 $ 0.60
Diluted (in dollars per share) $ 0.61 $ 0.60
Deposit Account [Member]    
Noninterest Income    
Noninterest income $ 646 $ 609
Credit and Debit Card [Member]    
Noninterest Income    
Noninterest income 800 750
Asset Management [Member]    
Noninterest Income    
Noninterest income 776 803
Financial Service, Other [Member]    
Noninterest Income    
Noninterest income 196 233
Mortgage Banking [Member]    
Noninterest Income    
Noninterest income $ 0 $ 94