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Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income:    
Loans, including fees $ 5,412 $ 5,727
Securities - Taxable 1,111 1,015
Securities - Tax-exempt 453 549
Federal funds sold and interest bearing bank deposits 279 352
Total interest income 7,255 7,643
Interest expense:    
Deposits 1,041 1,021
Short-term borrowings 2 2
Total interest expense 1,043 1,023
Net interest income 6,212 6,620
Provision for loan losses 400 0
Net interest income after provision for loan losses 5,812 6,620
Noninterest income:    
Service charge on deposit accounts 172 184
Mortgage lending 230 189
Bank-owned life insurance income 398 110
Other noninterest income 429 672
Securities gains, net 6 5
Total noninterest income 1,235 1,160
Noninterest expense:    
Salaries and benefits 2,831 2,938
Net occupancy and equipment 597 384
Professional fees 258 228
Other noninterest expense 1,170 1,061
Total noninterest expense 4,856 4,611
Earnings before income taxes 2,191 3,169
Income tax expense 390 626
Net earnings $ 1,801 $ 2,543
Net earnings per share:    
Basic and diluted earnings per share $ 0.5 $ 0.7
Weighted average shares outstanding:    
Basic and diluted weighted average shares outstanding 3,566,146 3,614,741