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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest Income      
Interest and fees on loans $ 34,523 $ 33,869 $ 31,333
Interest on interest-bearing deposits 276 1,523 672
Interest and dividends on securities – taxable 7,383 6,725 6,856
Interest on securities – nontaxable 1,826 3,030 4,363
Total interest income (44,008) (45,147) (43,224)
Interest Expense      
Interest on deposits 5,837 7,380 4,883
Interest on borrowings     164
Total interest expense (5,837) (7,380) (5,047)
Net interest income 38,171 37,767 38,177
Provision for (recovery of) loan losses 1,991 126 (81)
Net interest income after provision for (recovery of) loan losses 36,180 37,641 38,258
Noninterest Income:      
Noninterest Income 5,654 6,154 6,266
BOLI income 877 910 901
Gain on sale of mortgage loans 676 297 199
Other income 1,093 1,346 806
Realized securities gains, net 108 566 17
Total noninterest income 7,944 8,790 7,729
Noninterest Expense      
Salaries and employee benefits 14,674 14,920 14,506
Occupancy, furniture and fixtures 1,795 1,866 1,845
Data processing and ATM 3,088 3,171 2,784
FDIC assessment 198 167 359
Intangible assets amortization     50
Net costs of other real estate owned 39 47 553
Franchise taxes 1,340 1,333 1,278
Write-down of insurance receivable     2,010
Other operating expenses 3,836 4,250 3,891
Total noninterest expense 24,970 25,754 27,276
Income before income taxes 19,154 20,677 18,711
Income tax expense 3,077 3,211 2,560
Net income $ 16,077 $ 17,466 $ 16,151
Basic net income per common share (in dollars per share) $ 2.48 $ 2.65 $ 2.32
Fully diluted net income per common share (in dollars per share) $ 2.48 $ 2.65 $ 2.32
Deposit Account [Member]      
Noninterest Income:      
Noninterest Income $ 1,966 $ 2,453 $ 2,678
Product and Service, Other [Member]      
Noninterest Income:      
Noninterest Income 162 198 132
Credit and Debit Card [Member]      
Noninterest Income:      
Noninterest Income 1,400 1,398 1,431
Fiduciary and Trust [Member]      
Noninterest Income:      
Noninterest Income $ 1,662 $ 1,622 $ 1,565