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Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Interest and dividend income    
Loans and leases, including fees $ 33,778 $ 23,855
Securities 172 185
FHLB and FRB stock dividends 207 196
Federal funds sold and other 947 650
Total interest and dividend income 35,104 24,886
Interest expense    
Deposits 11,684 6,102
FHLB advances and other debt 704 611
Subordinated debentures 1,016 284
Total interest expense 13,404 6,997
Net interest income 21,700 17,889
Provision for loan and lease losses
Net interest income after provision for loan and lease losses 21,700 17,889
Noninterest income    
Service charges on deposit accounts 553 491
Net gains on sales of loans 10,767 1,927
Earnings on bank owned life insurance 142 138
Other 258 160
Total noninterest income 11,720 2,716
Noninterest expense    
Salaries and employee benefits 11,170 8,199
Occupancy and equipment 965 792
Data processing 1,350 1,027
Franchise and other taxes 454 345
Professional fees 1,855 1,275
Director fees 547 413
Postage, printing and supplies 225 189
Advertising and marketing 2,829 1,393
Telephone 201 158
Loan expenses 232 116
Foreclosed assets, net (9) 6
Depreciation 316 248
FDIC premiums 529 485
Regulatory assessment 165 146
Other insurance 99 86
Other 451 397
Total noninterest expense 21,379 15,275
Income before incomes taxes 12,041 5,330
Income tax expense 2,440 1,057
Net income $ 9,601 $ 4,273
Earnings per common share:    
Basic $ 2.05 $ 1.02
Diluted $ 2.03 $ 1.00