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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest and dividend income:        
Loans, including fees $ 28,781 $ 26,888 $ 55,102 $ 53,751
Mortgage-backed securities 47 167 206 373
Other investment securities 939 747 1,887 1,531
FHLB stock and other interest earning assets 694 202 990 424
Total interest income 30,461 28,004 58,185 56,079
Deposits:        
Demand 946 1,150 1,704 2,348
Savings and club 110 127 218 245
Certificates of deposit 849 1,639 1,829 3,631
Total deposits 1,905 2,916 3,751 6,224
Borrowings 815 1,024 1,621 2,229
Total interest expense 2,720 3,940 5,372 8,453
Net interest income 27,741 24,064 52,813 47,626
(Credit) provision for loan losses   2,295 (2,575) 4,160
Net interest income after (credit) provision for loan losses 27,741 21,769 55,388 43,466
Non-interest income:        
Fees and service charges 1,213 1,029 2,427 2,140
BOLI income 686 729 1,441 1,430
Gain on sales of loans 43 218 108 492
Loss on bulk sale of impaired loans held in portfolio   (64)   (64)
Gain on sales of premises   371   371
Realized and unrealized (losses) on equity investments (2,302) 499 (4,987) 303
Other 47 38 98 98
Total non-interest income (313) 2,820 (913) 4,770
Non-interest expense:        
Salaries and employee benefits 6,715 6,512 13,451 13,057
Occupancy and equipment 2,673 2,668 5,368 5,621
Data processing and communications 1,469 1,527 2,934 2,982
Professional fees 489 491 983 903
Director fees 296 310 617 557
Regulatory assessments 244 314 548 690
Advertising and promotional 254 109 395 193
Other real estate owned, net 4 19 5 23
Loss from extinguishment of debt   194   734
Other 912 1,013 1,714 1,980
Total non-interest expense 13,056 13,157 26,015 26,740
Income before income tax provision 14,372 11,432 28,460 21,496
Income tax provision 4,209 3,382 8,345 6,329
Net Income 10,163 8,050 20,115 15,167
Preferred stock dividends 138 284 414 567
Net Income available to common stockholders $ 10,025 $ 7,766 $ 19,701 $ 14,600
Net Income per common share-basic and diluted        
Basic $ 0.59 $ 0.45 $ 1.16 $ 0.85
Diluted $ 0.58 $ 0.45 $ 1.13 $ 0.85
Weighted average number of common shares outstanding        
Basic 16,997 17,126 16,989 17,120
Diluted 17,404 17,282 17,375 17,257