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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Loans:    
Taxable $ 7,102 $ 6,435
Tax-exempt 24 26
Investment securities:    
Taxable 1,344 1,493
Tax-exempt 848 930
Total interest income 9,318 8,884
Interest expense:    
Deposits 983 1,331
Borrowings 233 357
Total interest expense 1,216 1,688
Net interest income 8,102 7,196
Provision for loan losses 1,200 200
Net interest income after provision for loan losses 6,902 6,996
Non-interest income:    
Fees and service charges 1,962 1,689
Gains on sales of loans, net [1] 1,193 1,120
Bank owned life insurance [1] 154 159
Gains on sales of investment securities, net 1,770
Other 274 288
Total non-interest income 5,353 3,256
Non-interest expense:    
Compensation and benefits 4,582 4,143
Occupancy and equipment 1,079 1,062
Data processing 425 414
Amortization of intangibles 277 264
Professional fees 363 396
Advertising 150 166
Federal deposit insurance premiums 38 68
Foreclosure and real estate owned expense 25 41
Other 1,168 1,174
Total non-interest expense 8,107 7,728
Earnings before income taxes 4,148 2,524
Income tax expense 785 341
Net earnings $ 3,363 $ 2,183
Earnings per share (1):    
Basic [2] $ 0.73 $ 0.47
Diluted [2] 0.73 0.47
Dividends per share [2] $ 0.20 $ 0.19
[1] Not within the scope of ASC 606.
[2] Per share amounts for the period ended March 31, 2019 have been adjusted to give effect to the 5% stock dividend paid during December 2019.