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Business Combination (Tables)
 9 Months Ended
Sep. 30, 2020
Business Combinations [Abstract]  
Schedule of fair value of identifiable assets and liabilities
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)  Sep. 2020   Sep. 2019 
         
Net interest income  $9,259   $9,424 
Provision for loan losses   1,800    306 
           
Net interest income after provision  $7,459   $9,118 
           
Non interest income   10,418    5,394 
Non interest expense   11,335    9,776 
           
Income before income taxes  $6,542   $4,736 
Income tax expense*   1,292    886 
           
Net income  $5,250   $3,850 
Preferred share dividends   -    233 
           
Net income to common shareholders  $5,250   $3,617 
           
Basic earnings per share  $0.69   $0.57 
Diluted earnngs per share  $0.69   $0.49 
   Nine Months Ended 
Summary of Operations ($ in thousands)  Sep. 2020   Sep. 2019 
         
Net interest income  $27,178   $27,340 
Provision for loan losses   3,700    506 
           
Net interest income after provision  $23,478   $26,834 
           
Non interest income   21,238    12,145 
Non interest expense   33,474    28,043 
           
Income before income taxes  $11,242   $10,936 
Income tax expense*   2,073    2,018 
           
Net income  $9,169   $8,918 
Preferred share dividends   -    487 
           
Net income to common shareholders  $9,169   $8,431 
           
Basic earnings per share  $1.19   $1.31 
Diluted earnngs per share  $1.19   $1.12 
*Income tax expense for Edon calculated using a 21% statuatory rate