XML 18 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Interest and dividend income:    
Loans, including fees $ 47,829 $ 50,470
Securities:    
Taxable 8,861 7,764
Tax-exempt 3,095 3,628
Other interest and dividend income 697 1,079
Total interest and dividend income 60,482 62,941
Interest expense:    
Deposits 4,342 7,821
Other borrowed funds 143 277
Total interest expense 4,485 8,098
Net interest income 55,997 54,843
Provision (credit) for loan losses (757) 5,681
Net interest income after provision (credit) for loan losses 56,754 49,162
Noninterest income:    
Securities gains, net 24 430
Gain on sale of loans held for sale 1,673 2,112
Other noninterest income 899 935
Total noninterest income 10,537 10,620
Noninterest expense:    
Salaries and employee benefits 22,281 22,869
Data processing 5,549 5,182
Occupancy expenses, net 2,664 2,668
FDIC insurance assessments 578 313
Professional fees 1,663 1,537
Business development 1,465 1,082
Intangible asset amortization 628 826
New Markets Tax Credit projects amortization 639 639
Other operating expenses, net 1,151 1,435
Total noninterest expense 36,618 36,551
Income before income taxes 30,673 23,231
Provision for income taxes 6,760 4,381
Net income $ 23,913 $ 18,850
Basic and diluted earnings per share (in dollars per share) $ 2.62 $ 2.06
Fiduciary and Trust [Member]    
Noninterest income:    
Noninterest income $ 4,448 $ 3,848
Financial Service [Member]    
Noninterest income:    
Noninterest income 1,474 1,523
Credit and Debit Card [Member]    
Noninterest income:    
Noninterest income $ 2,019 $ 1,772