XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Earnings - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest income:        
Loans, including fees $ 5,112 $ 5,494 $ 10,290 $ 10,906
Securities - Taxable 1,009 1,056 1,958 2,167
Securities - Tax-exempt 444 476 896 929
Federal funds sold and interest bearing bank deposits 28 27 56 306
Total interest income 6,593 7,053 13,200 14,308
Interest expense:        
Deposits 614 981 1,280 2,022
Short-term borrowings 4 2 8 4
Total interest expense 618 983 1,288 2,026
Net interest income 5,975 6,070 11,912 12,282
Provision for loan losses (600) 450 (600) 850
Net interest income after provision for loan losses 6,575 5,620 12,512 11,432
Noninterest income:        
Service charge on deposit accounts 138 126 270 298
Mortgage lending 424 683 973 913
Bank-owned life insurance income 99 108 202 506
Other noninterest income 449 365 847 794
Securities gains, net 0 81 0 87
Total noninterest income 1,110 1,363 2,292 2,598
Noninterest expense:        
Salaries and benefits 2,897 2,597 5,748 5,428
Net occupancy and equipment 418 920 856 1,517
Professional fees 326 389 582 647
Other noninterest expense 1,254 1,053 2,399 2,223
Total noninterest expense 4,895 4,959 9,585 9,815
Earnings before income taxes 2,790 2,024 5,219 4,215
Income tax expense 504 363 927 753
Net earnings $ 2,286 $ 1,661 $ 4,292 $ 3,462
Net earnings per share:        
Basic and diluted earnings per share $ 0.65 $ 0.47 $ 1.21 $ 0.97
Weighted average shares outstanding:        
Basic and diluted weighted average shares outstanding 3,554,871 3,566,166 3,560,554 3,566,156