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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest and dividend income:        
Loans, including fees $ 26,922 $ 27,126 $ 80,673 $ 80,063
Mortgage-backed securities 159 393 532 1,450
Other investment securities 814 693 2,345 947
FHLB stock and other interest earning assets 249 254 673 2,631
Total interest income 28,144 28,466 84,223 85,091
Deposits:        
Demand 1,059 1,157 3,407 4,927
Savings and club 131 113 376 324
Certificates of deposit 1,344 4,531 4,975 16,658
Total deposits 2,534 5,801 8,758 21,909
Borrowings 997 1,775 3,226 5,523
Total interest expense 3,531 7,576 11,984 27,432
Net interest income 24,613 20,890 72,239 57,659
Provision for loan losses 680 2,726 4,840 7,526
Net interest income after provision for loan losses 23,933 18,164 67,399 50,133
Non-interest income:        
Fees and service charges 713 875 2,853 2,138
BOLI income 765 385 2,195 385
Gain on sales of loans 83 174 575 292
Loss on sale of impaired loans held in portfolio     (64)  
Gain on sales of other real estate owned 11   11  
Gain on sales of premises   4,378 371 4,378
Gain on sale of investment securities   306   306
Realized and unrealized (losses) gains on equity investments (307) 778 (4) 820
Other 52 59 150 427
Total non-interest income 1,317 6,955 6,087 8,746
Non-interest expense:        
Salaries and employee benefits 6,511 6,385 19,568 19,456
Occupancy and equipment 2,983 2,996 8,604 8,730
Data processing and communications 1,511 1,394 4,493 4,256
Professional fees 543 421 1,446 1,289
Director fees 233 471 790 1,194
Regulatory assessments 303 311 993 883
Advertising and promotional 200 59 392 825
Other real estate owned, net (11) 11 12 58
Loss from extinguishment of debt 337 313 1,071 313
Other 918 981 2,899 2,654
Total non-interest expense 13,528 13,342 40,268 39,658
Income before income tax provision 11,722 11,777 33,218 19,221
Income tax provision 3,400 3,465 9,729 5,662
Net Income 8,322 8,312 23,489 13,559
Preferred stock dividends 286 332 852 1,014
Net Income available to common stockholders $ 8,036 $ 7,980 $ 22,637 $ 12,545
Net Income per common share-basic and diluted        
Basic $ 0.47 $ 0.47 $ 1.33 $ 0.73
Diluted $ 0.47 $ 0.47 $ 1.31 $ 0.73
Weighted average number of common shares outstanding        
Basic 17,019 17,069 17,085 17,250
Diluted 17,222 17,069 17,242 17,268