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Consolidated Statements Of Income - USD ($)
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest Income    
Loans $ 6,860,000 $ 7,005,000
Securities    
US Government and agency obligations 191,000 187,000
Mortgage backed securities 77,000 59,000
Municipals - taxable 143,000 75,000
Municipals - tax exempt 10,000  
Dividends 6,000 9,000
Other (Corporates) 50,000 23,000
Interest bearing deposits 14,000 64,000
Federal Funds sold 14,000 66,000
Total interest income 7,365,000 7,488,000
Deposits    
NOW, money market savings 135,000 326,000
Time Deposits 373,000 946,000
Finance leases 27,000 30,000
Capital notes 82,000 50,000
Total interest expense 617,000 1,352,000
Net interest income 6,748,000 6,136,000
Provision for loan losses   888,000
Net interest income after provision for loan losses 6,748,000 5,248,000
Noninterest income    
Gain on sales of loans held for sale 1,774,000 1,177,000
Service charges, fees and commissions 554,000 488,000
Life insurance income 98,000 78,000
Other 8,000 12,000
Gain on sales and calls of securities, net   431,000
Total noninterest income 2,434,000 2,186,000
Noninterest expenses    
Salaries and employee benefits 3,732,000 3,354,000
Occupancy 428,000 436,000
Equipment 626,000 609,000
Supplies 118,000 127,000
Professional, data processing, and other outside expense 914,000 924,000
Marketing 273,000 136,000
Credit expense 276,000 196,000
Other real estate expenses 66,000 99,000
FDIC insurance expense 165,000 57,000
Other 291,000 259,000
Total noninterest expenses 6,889,000 6,197,000
Income before income taxes 2,293,000 1,237,000
Income tax expense 458,000 242,000
Net Income $ 1,835,000 $ 995,000
Weighted average shares outstanding - basic 4,333,274 4,348,040
Weighted average shares outstanding- diluted 4,333,274 4,348,040
Earnings per common share - basic $ 0.42 $ 0.23
Earnings per common share - diluted $ 0.42 $ 0.23