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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest and dividend income:    
Loans, including fees $ 10,644 $ 11,984
Securities:    
Taxable 2,588 1,989
Tax-exempt 674 844
Other interest and dividend income 166 178
Total interest income 14,072 14,995
Interest expense:    
Deposits 888 1,294
Other borrowed funds 32 37
Total interest expense 920 1,331
Net interest income 13,152 13,664
Provision (credit) for loan losses (127) (426)
Net interest income after provision (credit) for loan losses 13,279 14,090
Noninterest income:    
Securities gains, net 35 0
Gain on sale of loans held for sale 180 504
Other noninterest income 278 273
Total noninterest income 2,553 2,506
Noninterest expense:    
Salaries and employee benefits 5,611 5,507
Data processing 1,432 1,372
Occupancy expenses, net 717 728
FDIC insurance assessments 147 139
Professional fees 474 396
Business development 336 237
Intangible asset amortization 146 160
Amortization of investment in New Markets Tax Credit projects 189 160
Other operating expenses, net 327 307
Total noninterest expense 9,379 9,006
Income before income taxes 6,453 7,590
Provision for income taxes 1,308 1,567
Net income $ 5,145 $ 6,023
Basic and diluted earnings per share (in dollars per share) $ 0.57 $ 0.66
Cash dividends declared, per share (in dollars per share) $ 0.27 $ 0.25
Fiduciary and Trust [Member]    
Noninterest income:    
Noninterest income $ 1,280 $ 932
Financial Service [Member]    
Noninterest income:    
Noninterest income 338 333
Credit and Debit Card [Member]    
Noninterest income:    
Noninterest income $ 442 $ 464