XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest and dividend income:    
Interest and fees on loans $ 14,517 $ 15,459
Interest on investments 1,103 1,449
Total interest and dividend income 15,620 16,908
Interest expense:    
Interest on deposits 1,714 3,180
Interest on FHLB and FRB borrowed funds 411 508
Interest on other borrowed funds 731 549
Total interest expense 2,856 4,237
Net interest income before provision for loan losses 12,764 12,671
Provision for loan losses 0 2,000
Net interest income after provision for loan losses 12,764 10,671
Non-interest income:    
Service charges on deposit accounts 398 560
Interchange income 530 464
Loan servicing income 893 685
Gain on sale of loans 1,595 780
Loan fees and service charges 278 477
Insurance commission income 0 279
Net gains on investment securities 235 73
Other 247 285
Total non-interest income 4,176 3,603
Non-interest expense:    
Compensation and related benefits 5,596 5,435
Occupancy 1,316 1,374
Data processing 1,342 1,192
Amortization of intangible assets 399 412
Mortgage servicing rights expense, net (450) 736
Advertising, marketing and public relations 163 239
FDIC premium assessment 165 68
Professional services 521 604
Gain on repossessed assets, net (117) (68)
Other 554 739
Total non-interest expense 9,489 10,731
Income before provision for income tax 7,451 3,543
Provision for income taxes 1,945 937
Net income attributable to common stockholders $ 5,506 $ 2,606
Per share information:    
Basic earnings (USD per share) $ 0.50 $ 0.23
Diluted earnings (USD per share) 0.50 0.23
Cash dividends paid (USD per share) $ 0.23 $ 0.21