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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Loans    
Taxable $ 38,238 $ 37,959
Tax exempt 335 206
Securities    
Taxable 5,798 3,386
Tax exempt 198 353
Total interest income 44,569 41,904
Interest Expense    
Deposits 3,477 3,129
Repurchase agreements & other 39 42
Federal Home Loan Bank advance expense 515 188
Trust preferred securities expense 361 199
Subordinated debt expense 778 462
Total interest expense 5,170 4,020
Net Interest Income 39,399 37,884
Provision for loan losses   1,050
Net interest income after provision for loan losses 39,399 36,834
Noninterest Income    
Wealth management fees 3,728 3,814
Customer service fees 3,378 3,217
Gain on sale of mortgage loans & OMSR 4,298 17,255
Mortgage loan servicing fees, net 2,964 2,940
Gain on sale of non-mortgage loans 566 158
Title insurance income 2,229 2,089
Other income 1,068 1,224
Total noninterest income 18,231 30,697
Noninterest Expense    
Salaries and employee benefits 24,142 26,838
Net occupancy expense 2,993 3,048
Equipment expense 3,616 3,281
Data processing fees 2,510 2,579
Professional fees 3,214 3,027
Marketing expense 911 784
Telephone and communications 474 581
Postage and delivery expense 422 414
State, local and other taxes 1,082 1,175
Employee expense 613 663
Other expense 2,337 2,418
Total noninterest expense 42,314 44,808
Income before income tax 15,316 22,723
Provision for income taxes 2,795 4,446
Net Income $ 12,521 $ 18,277
Basic earnings per common share (in Dollars per share) $ 1.79 $ 2.58
Diluted earnings per common share (in Dollars per share) $ 1.77 $ 2.56