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Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest income:        
Loans, including fees $ 4,691 $ 5,112 $ 9,541 $ 10,290
Securities - Taxable 1,547 1,009 2,883 1,958
Securities - Tax-exempt 415 444 834 896
Federal funds sold and interest bearing bank deposits 278 28 341 56
Total interest income 6,931 6,593 13,599 13,200
Interest expense:        
Deposits 552 614 1,137 1,280
Short-term borrowings 5 4 10 8
Total interest expense 557 618 1,147 1,288
Net interest income 6,374 5,975 12,452 11,912
Provision for loan losses 0 (600) (250) (600)
Net interest income after provision for loan losses 6,374 6,575 12,702 12,512
Noninterest income:        
Service charge on deposit accounts 146 138 288 270
Mortgage lending 187 424 440 973
Bank-owned life insurance income 97 99 196 202
Other noninterest income 418 470 832 868
Total noninterest income 848 1,131 1,756 2,313
Noninterest expense:        
Salaries and benefits 2,976 2,897 5,926 5,748
Net occupancy and equipment 727 439 1,161 877
Professional fees 239 326 469 582
Other noninterest expense 1,116 1,254 2,403 2,399
Total noninterest expense 5,058 4,916 9,959 9,606
Earnings before income taxes 2,164 2,790 4,499 5,219
Income tax expense 363 504 617 927
Net earnings $ 1,801 $ 2,286 $ 3,882 $ 4,292
Net earnings per share:        
Basic and diluted earnings per share $ 0.51 $ 0.65 $ 1.10 $ 1.21
Weighted average shares outstanding:        
Basic and diluted weighted average shares outstanding 3,513,353 3,554,871 3,515,991 3,560,554