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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest and dividend income:        
Loans, including fees $ 26,888 $ 26,123 $ 53,751 $ 52,937
Mortgage-backed securities 167 494 373 1,057
Other investment securities 747 246 1,531 254
FHLB stock and other interest earning assets 202 343 424 2,377
Total interest income 28,004 27,206 56,079 56,625
Deposits:        
Demand 1,150 1,562 2,348 3,770
Savings and club 127 106 245 211
Certificates of deposit 1,639 5,695 3,631 12,127
Total deposits 2,916 7,363 6,224 16,108
Borrowings 1,024 1,852 2,229 3,748
Total interest expense 3,940 9,215 8,453 19,856
Net interest income 24,064 17,991 47,626 36,769
Provision for loan losses 2,295 3,300 4,160 4,800
Net interest income after provision for loan losses 21,769 14,691 43,466 31,969
Non-interest income:        
Fees and service charges 1,029 537 2,140 1,263
BOLI income 729   1,430  
Gain on sales of loans 218 57 492 118
Loss on bulk sale of impaired loans held in portfolio (64)   (64)  
Gain on sale of premises 371   371  
Gain on sale of investment securities   40   40
Realized and unrealized gains on equity investments 499 442 303 2
Other 38 32 98 368
Total non-interest income 2,820 1,108 4,770 1,791
Non-interest expense:        
Salaries and employee benefits 6,512 5,682 13,057 13,071
Occupancy and equipment 2,668 2,910 5,621 5,734
Data processing and service fees 1,064 951 2,072 1,889
Professional fees 491 398 903 868
Director fees 310 365 557 723
Regulatory assessments 314 251 690 572
Advertising and promotional 14 26 26 87
Other real estate owned, net 19 21 23 47
Loss from extinguishment of debt 194   734  
Other 1,571 1,348 3,057 3,325
Total non-interest expense 13,157 11,952 26,740 26,316
Income before income tax provision 11,432 3,847 21,496 7,444
Income tax provision 3,382 1,121 6,329 2,197
Net Income 8,050 2,726 15,167 5,247
Preferred stock dividends 284 341 567 682
Net Income available to common stockholders $ 7,766 $ 2,385 $ 14,600 $ 4,565
Net Income per common share-basic and diluted        
Basic $ 0.45 $ 0.14 $ 0.85 $ 0.26
Diluted $ 0.45 $ 0.14 $ 0.85 $ 0.26
Weighted average number of common shares outstanding        
Basic 17,126 17,179 17,120 17,340
Diluted 17,282 17,183 17,257 17,366