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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest and dividend income:    
Loans, including fees $ 26,863 $ 26,814
Mortgage-backed securities 206 563
Other investment securities 784 8
FHLB stock and other interest earning assets 222 2,034
Total interest income 28,075 29,419
Deposits:    
Demand 1,198 2,208
Savings and club 118 105
Certificates of deposit 1,992 6,432
Total deposits 3,308 8,745
Borrowings 1,205 1,896
Total interest expense 4,513 10,641
Net interest income 23,562 18,778
Provision for loan losses 1,865 1,500
Net interest income after provision for loan losses 21,697 17,278
Non-interest income:    
Fees and service charges 1,111 726
Bank-owned Life Insurance ("BOLI") income 701  
Gain on sales of loans 274 61
Realized and unrealized loss on equity investments (196) (440)
Other 60 336
Total non-interest income 1,950 683
Non-interest expense:    
Salaries and employee benefits 6,545 7,389
Occupancy and equipment 2,953 2,824
Data processing service fees 1,008 938
Professional fees 412 470
Director fees 247 358
Regulatory assessments 376 321
Advertising and promotional 12 61
Other real estate owned, net 4 26
Loss from extinguishment of debt 540  
Other 1,486 1,977
Total non-interest expense 13,583 14,364
Income before income tax provision 10,064 3,597
Income tax provision 2,947 1,076
Net Income 7,117 2,521
Preferred stock dividends 283 342
Net Income available to common stockholders $ 6,834 $ 2,179
Net Income per common share-basic and diluted    
Basic $ 0.40 $ 0.12
Diluted $ 0.40 $ 0.12
Weighted average number of common shares outstanding    
Basic 17,115 17,502
Diluted 17,232 17,551