XML 62 R46.htm IDEA: XBRL DOCUMENT
v3.22.4

Quarterly Financial Information (unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract] |
Schedule of quarterly financial information |
($ in thousands, except per share data) |  |  |  |  |  |  |  |  |  |  |  |
2022 |  | December |  |  | September |  |  | June |  |  | March |
Interest income |  | $ | 12,936 |  |  | $ | 11,764 |  |  | $ | 10,474 |  |  | $ | 9,395 |
Interest expense |  |  | 2,037 |  |  |  | 1,334 |  |  |  | 881 |  |  |  | 918 |
Net interest income |  |  | 10,899 |  |  |  | 10,430 |  |  |  | 9,593 |  |  |  | 8,477 |
Provision for loan losses |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Noninterest income |  |  | 3,713 |  |  |  | 4,043 |  |  |  | 4,673 |  |  |  | 5,802 |
Noninterest expense |  |  | 10,268 |  |  |  | 10,385 |  |  |  | 10,802 |  |  |  | 10,859 |
Income tax expense |  |  | 812 |  |  |  | 746 |  |  |  | 630 |  |  |  | 607 |
Net income |  | $ | 3,532 |  |  | $ | 3,342 |  |  | $ | 2,834 |  |  | $ | 2,813 |
Basic earnings per common share |  | $ | 0.51 |  |  | $ | 0.48 |  |  | $ | 0.40 |  |  | $ | 0.40 |
Diluted earnings per common share |  | $ | 0.50 |  |  | $ | 0.47 |  |  | $ | 0.40 |  |  | $ | 0.40 |
Dividends per share |  | $ | 0.125 |  |  | $ | 0.120 |  |  | $ | 0.120 |  |  | $ | 0.115 |
2021 |  | December |  |  | September |  |  | June |  |  | March |
Interest income |  | $ | 10,003 |  |  | $ | 11,033 |  |  | $ | 10,163 |  |  | $ | 10,705 |
Interest expense |  |  | 925 |  |  |  | 1,009 |  |  |  | 1,006 |  |  |  | 1,080 |
Net interest income |  |  | 9,078 |  |  |  | 10,024 |  |  |  | 9,157 |  |  |  | 9,625 |
Provision for loan losses |  |  | - |  |  |  | 300 |  |  |  | - |  |  |  | 750 |
Noninterest income |  |  | 6,589 |  |  |  | 6,649 |  |  |  | 6,537 |  |  |  | 10,922 |
Noninterest expense |  |  | 11,567 |  |  |  | 11,256 |  |  |  | 11,076 |  |  |  | 10,909 |
Income tax expense |  |  | 768 |  |  |  | 1,014 |  |  |  | 857 |  |  |  | 1,807 |
Net income |  | $ | 3,332 |  |  | $ | 4,103 |  |  | $ | 3,761 |  |  | $ | 7,081 |
Basic earnings per common share |  | $ | 0.49 |  |  | $ | 0.59 |  |  | $ | 0.53 |  |  | $ | 0.97 |
Diluted earnings per common share |  | $ | 0.49 |  |  | $ | 0.58 |  |  | $ | 0.52 |  |  | $ | 0.97 |
Dividends per share |  | $ | 0.115 |  |  | $ | 0.110 |  |  | $ | 0.110 |  |  | $ | 0.105 |

X
- References No definition available. + Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=126900988&loc=d3e1280-108306 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration