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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest and dividend income:        
Loans, including fees $ 14,299 $ 10,984 $ 39,868 $ 30,802
Securities        
Taxable 917 889 2,809 2,435
Tax exempt 40 45 123 137
Dividends 71 95 236 222
Interest-bearing deposits with banks 601 516 1,698 802
Other interest 4 3 9 12
Total interest and dividend income 15,932 12,532 44,743 34,410
Interest expense:        
Deposits 4,058 504 8,981 1,530
Other borrowed funds 341 101 612 310
Subordinated debentures 157 82 438 182
Total interest expense 4,556 687 10,031 2,022
Net interest income 11,376 11,845 34,712 32,388
Provision for (recovery of) credit losses 888 (378) 1,401 (691)
Net interest income after provision for (recovery of) credit losses 10,488 12,223 33,311 33,079
Noninterest income:        
Service charges on deposit accounts 714 662 1,978 1,815
Trust fees 79 80 247 247
Income from bank owned life insurance and annuity assets 219 205 637 674
Mortgage banking income 42 185 133 640
Electronic refund check / deposit fees 0 0 675 675
Debit / credit card interchange income 1,285 1,291 3,673 3,603
Tax preparation fees 3 3 667 741
Other 226 189 1,038 576
Total noninterest income 2,568 2,615 9,048 8,971
Noninterest expense:        
Salaries and employee benefits 5,909 5,867 17,634 17,120
Occupancy 493 517 1,440 1,419
Furniture and equipment 351 296 979 841
Professional fees 430 418 1,296 1,405
Marketing expense 241 260 723 718
FDIC insurance 141 80 421 250
Data processing 737 776 2,183 2,136
Software 621 561 1,771 1,620
Foreclosed assets 6 11 15 48
Amortization of intangibles 5 8 18 28
Other 1,445 1,553 4,586 4,573
Total noninterest expense 10,379 10,347 31,066 30,158
Income before income taxes 2,677 4,491 11,293 11,892
Provision for income taxes 426 801 1,885 2,078
NET INCOME $ 2,251 $ 3,690 $ 9,408 $ 9,814
Earnings per share (in dollars per share) $ 0.47 $ 0.77 $ 1.97 $ 2.06