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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest and dividend income:    
Loans, including fees $ 10,565 $ 10,873
Securities    
Taxable 405 597
Tax exempt 59 73
Dividends 59 66
Interest-bearing deposits with banks 28 162
Other Interest 10 14
Total interest and dividend income 11,126 11,785
Interest expense:    
Deposits 883 1,509
Other borrowed funds 155 200
Subordinated debentures 40 72
Total interest expense 1,078 1,781
Net interest income 10,048 10,004
Provision for (recovery of) loan losses (52) 3,846
Net interest income after provision for loan losses 10,100 6,158
Noninterest income:    
Service charges on deposit accounts 405 493
Trust fees 72 68
Income from bank owned life insurance and annuity assets 248 217
Mortgage banking income 179 90
Electronic refund check / deposit fees 540 0
Debit / credit card interchange income 1,050 943
Gain (loss) on other real estate owned 1 (101)
Tax preparation fees 694 615
Litigation settlement 0 2,000
Other 150 117
Total noninterest income 3,339 4,442
Noninterest expense:    
Salaries and employee benefits 5,270 5,455
Occupancy 467 432
Furniture and equipment 296 262
Professional fees 430 598
Marketing expense 268 268
FDIC insurance 79 0
Data processing 575 599
Software 449 381
Foreclosed assets 14 43
Amortization of intangibles 13 17
Other 1,326 1,464
Total noninterest expense 9,187 9,519
Income before income taxes 4,252 1,081
Provision for income taxes 721 79
NET INCOME $ 3,531 $ 1,002
Earnings per share (in dollars per share) $ 0.74 $ 0.21