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Condensed Consolidated Income Statement (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Loans        
Taxable $ 10,179 $ 10,607 $ 29,919 $ 30,216
Tax exempt 47 82 185 217
Securities        
Taxable 494 776 1,696 2,489
Tax exempt 87 81 246 273
Total interest income 10,807 11,546 32,046 33,195
Interest Expense        
Deposits 1,423 2,258 4,852 6,268
Repurchase agreements & other 12 22 60 65
Federal Home Loan Bank advance expense 59 101 251 301
Trust preferred securities expense 54 107 204 331
Total interest expense 1,548 2,488 5,367 6,965
Net Interest Income 9,259 9,058 26,679 26,230
Provision for loan losses 1,800 300 3,700 500
Net interest income after provision for loan losses 7,459 8,758 22,979 25,730
Noninterest Income        
Wealth management fees 839 775 2,382 2,292
Customer service fees 730 729 2,079 2,049
Gain on sale of mortgage loans & OMSR 8,085 2,495 18,153 5,365
Mortgage loan servicing fees, net (169) 8 (4,101) (731)
Gain on sale of non-mortgage loans 119 462 330 1,005
Title insurance income 517 400 1,391 727
Net gain on sale of securities   206
Loss on sale/disposal of assets (52) 1 (178) (6)
Other income 349 496 1,138 1,150
Total noninterest income 10,418 5,366 21,194 12,057
Noninterest Expense        
Salaries and employee benefits 6,995 5,715 18,841 15,922
Net occupancy expense 736 656 2,109 1,928
Equipment expense 888 688 2,368 2,064
Data processing fees 586 499 2,422 1,430
Professional fees 695 571 2,676 1,837
Marketing expense 137 239 486 724
Telephone and communications 142 118 379 345
Postage and delivery expense 96 89 307 254
State, local and other taxes 331 243 847 745
Employee expense 155 199 432 588
Other expenses 574 483 1,536 1,397
Total noninterest expense 11,335 9,500 32,403 27,234
Income before income tax 6,542 4,624 11,770 10,553
Provision for income taxes [1] 1,292 862 2,184 1,938
Net income 5,250 3,762 9,586 8,615
Preferred share dividends 233 720
Net income available to common shareholders $ 5,250 $ 3,529 $ 9,586 $ 7,895
Basic earnings per common share (in Dollars per share) $ 0.69 $ 0.55 $ 1.25 $ 1.22
Diluted earnings per common share (in Dollars per share) $ 0.69 $ 0.48 $ 1.25 $ 1.08
Average common shares outstanding (in thousands):        
Basic: (in Shares) 7,607 6,397 7,700 6,459
Diluted: (in Shares) 7,607 7,876 7,700 7,955
[1] Income tax expense for Edon calculated using a 21% statuatory rate