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Business Combination (Tables)
 6 Months Ended
Jun. 30, 2020
Business Combinations [Abstract]  
Schedule of fair value of identifiable assets and liabilities
($ in thousands)    
     
Fair value of assets acquired    
     
Cash and cash equivalents  $31,756 
Interest bearing time deposits   11,542 
Investment securities   1,362 
Federal Home Loan Bank stock   117 
Loans held for investment   16,395 
Premises and equipment   446 
Goodwill   4,325 
Core deposit intangible   660 
Other assets   192 
Total assets acquired  $66,795 
      
Fair value of liabilities assumed     
      
Deposits  $51,053 
Other liabilities   223 
Total liabilities assumed   51,276 
Total purchase price (cash)  $15,519 
Schedule of pro forma financial information
   Three Months Ended 
Summary of Operations ($ in thousands)  Jun. 2020   Jun. 2019 
         
Net interest income  $9,033   $9,196 
Provision for loan losses   1,300    200 
           
Net interest income after provision  $7,733   $8,996 
           
Non interest income   8,632    3,726 
Non interest expense   12,451    9,382 
           
Income before income taxes  $3,914   $3,340 
Income tax expense*   742    614 
           
Net income  $3,172   $2,726 
Preferred share dividends   -    487 
           
Net income to common shareholders  $3,172   $2,239 
           
Basic earnings per share  $0.41   $0.35 
Diluted earnngs per share  $0.41   $0.34 
   Six Months Ended 
Summary of Operations ($ in thousands)  Jun. 2020   Jun. 2019 
         
Net interest income  $17,919   $17,916 
Provision for loan losses   1,900    200 
           
Net interest income after provision  $16,019   $17,716 
           
Non interest income   10,820    6,750 
Non interest expense   22,139    18,266 
           
Income before income taxes  $4,700   $6,200 
Income tax expense*   781    1,133 
           
Net income  $3,919   $5,067 
Preferred share dividends   -    487 
           
Net income to common shareholders  $3,919   $4,580 
           
Basic earnings per share  $0.51   $0.71 
Diluted earnngs per share  $0.51   $0.63 

* Income tax expense for Edon calculated using a 21% statutory rate

* Income tax expense for Edon calculated using a 21% statutory rate