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Consolidated Statements of Earnings - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Loans:      
Taxable $ 31,704 $ 27,563 $ 23,642
Tax-exempt 93 106 244
Investment securities:      
Taxable 4,177 5,796 5,299
Tax-exempt 3,279 3,646 3,968
Total interest income 39,253 37,111 33,153
Interest expense:      
Deposits 2,105 5,341 3,056
Subordinated debentures 614 970 1,079
Borrowings 50 446 1,230
Total interest expense 2,769 6,757 5,365
Net interest income 36,484 30,354 27,788
Provision for loan losses 3,300 1,400 1,400
Net interest income after provision for loan losses 33,184 28,954 26,388
Non-interest income:      
Fees and service charges 8,091 7,737 7,289
Gains on sales of loans, net [1] 15,155 6,353 5,023
Increase in cash surrender value of bank owned life insurance [1] 611 752 644
Gains (losses) on sales of investment securities, net 2,448 (177) 20
Other 1,053 1,144 2,595
Total non-interest income 27,358 15,809 15,571
Non-interest expense:      
Compensation and benefits 20,657 17,792 16,042
Occupancy and equipment 4,432 4,470 4,333
Data processing 1,831 1,646 1,525
Amortization of intangibles 1,602 1,206 1,111
Professional fees 1,584 1,683 1,677
Advertising 526 566 589
Federal deposit insurance premiums 233 71 291
Foreclosure and real estate owned expense 172 182 100
Other 5,225 5,032 4,697
Total non-interest expense 36,262 32,648 30,365
Earnings before income taxes 24,280 12,115 11,594
Income tax expense 4,787 1,453 1,168
Net earnings $ 19,493 $ 10,662 $ 10,426
Earnings per share (1):      
Basic (1) [2] $ 4.10 $ 2.21 $ 2.17
Diluted (1) [2] $ 4.10 $ 2.20 $ 2.17
[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 2020, 2019 and 2018.