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Consolidated Statements of Earnings - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Loans:      
Taxable $ 27,563 $ 23,642 $ 20,952
Tax-exempt 106 244 134
Investment securities:      
Taxable 5,796 5,299 4,686
Tax-exempt 3,646 3,968 3,928
Total interest income 37,111 33,153 29,700
Interest expense:      
Deposits 5,341 3,056 1,569
Subordinated debentures 970 1,079 898
Borrowings 446 1,230 1,118
Total interest expense 6,757 5,365 3,585
Net interest income 30,354 27,788 26,115
Provision for loan losses 1,400 1,400 450
Net interest income after provision for loan losses 28,954 26,388 25,665
Non-interest income:      
Fees and service charges 7,737 7,289 7,358
Gains on sales of loans, net 6,353 [1] 5,023 [1] 5,390
Increase in cash surrender value of bank owned life insurance 752 [1] 644 [1] 912
Gains (losses) on sales of investment securities, net (177) 20 498
Other 1,144 2,595 1,126
Total non-interest income 15,809 15,571 15,284
Non-interest expense:      
Compensation and benefits 17,792 16,042 15,141
Occupancy and equipment 4,470 4,333 4,283
Data processing 1,646 1,525 1,402
Amortization of intangibles 1,206 1,111 1,258
Professional fees 1,683 1,677 1,695
Advertising 566 589 589
Federal deposit insurance premiums 71 291 292
Foreclosure and real estate owned expense 182 100 238
Deposit-related loss 8,082
Other 5,032 4,697 4,497
Total non-interest expense 32,648 30,365 37,477
Earnings before income taxes 12,115 11,594 3,472
Income tax expense (benefit) 1,453 1,168 (897)
Net earnings $ 10,662 $ 10,426 $ 4,369
Earnings per share:      
Basic [2] $ 2.32 $ 2.28 $ 0.97
Diluted [2] $ 2.31 $ 2.27 $ 0.96
[1] Not within the scope of ASC 606.
[2] All per share amounts have been adjusted to give effect to the 5% stock dividends paid during December 2019, 2018 and 2017.