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Condensed Consolidated Income Statement (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Loans    
Taxable $ 8,052 $ 9,926
Tax exempt 61 48
Securities    
Taxable 1,235 643
Tax exempt 47 88
Total interest income 9,395 10,705
Interest Expense    
Deposits 618 962
Repurchase agreements & other 13 11
Federal Home Loan Bank advance expense 39 56
Trust preferred securities expense 53 51
Subordinated debt expense 195
Total interest expense 918 1,080
Net Interest Income 8,477 9,625
Provision for loan losses   750
Net interest income after provision for loan losses 8,477 8,875
Noninterest Income    
Wealth management fees 955 912
Customer service fees 794 758
Gain on sale of mortgage loans & OMSR 1,676 5,859
Mortgage loan servicing fees, net 1,204 2,378
Gain on sale of non-mortgage loans 169 17
Title insurance income 602 521
Other income 402 477
Total noninterest income 5,802 10,922
Noninterest Expense    
Salaries and employee benefits 6,189 6,620
Net occupancy expense 742 740
Equipment expense 854 732
Data processing fees 576 534
Professional fees 950 764
Marketing expense 231 135
Telephone and communications 111 154
Postage and delivery expense 116 111
State, local and other taxes 278 323
Employee expense 136 153
Other expense 676 643
Total noninterest expense 10,859 10,909
Income before income tax 3,420 8,888
Provision for income taxes 607 1,807
Net Income $ 2,813 $ 7,081
Basic earnings per common share (in Dollars per share) $ 0.4 $ 0.97
Diluted earnings per common share (in Dollars per share) $ 0.4 $ 0.97