XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest income:        
Interest and fees on loans $ 9,237 $ 9,833 $ 18,876 $ 19,506
Interest on investment securities 543 1,090 1,301 2,230
Total interest income 9,780 10,923 20,177 21,736
Interest expense:        
Interest on deposits 1,131 1,690 2,606 3,330
Interest on borrowings 26   62  
Total interest expense 1,157 1,690 2,668 3,330
Net interest income 8,623 9,233 17,509 18,406
Provision for loan and lease losses 850 715 1,430 1,115
Net interest income after provision for loan and lease losses 7,773 8,518 16,079 17,291
Non-interest income:        
Credit insurance income 45 108 198 251
Net gain on sales and prepayments of investment securities 326 9 326 22
Lease income 212 212 424 421
Other income, net 308 333 679 670
Total non-interest income 1,330 1,291 2,627 2,556
Non-interest expense:        
Salaries and employee benefits 5,193 5,195 10,329 10,183
Net occupancy and equipment 995 1,046 1,996 2,135
Computer services 424 333 841 684
Fees for professional services 401 321 679 563
Other expense 1,568 1,609 3,230 3,392
Total non-interest expense 8,581 8,504 17,075 16,957
Income before income taxes 522 1,305 1,631 2,890
Provision for income taxes 118 300 380 651
Net income $ 404 $ 1,005 $ 1,251 $ 2,239
Basic net income per share $ 0.07 $ 0.16 $ 0.20 $ 0.35
Diluted net income per share 0.06 0.15 0.19 0.33
Dividends per share $ 0.03 $ 0.02 $ 0.06 $ 0.04
Service [Member]        
Non-interest income:        
Revenue from Contract with Customer, Including Assessed Tax $ 263 $ 443 $ 697 $ 903
Mortgage Banking [Member]        
Non-interest income:        
Revenue from Contract with Customer, Including Assessed Tax $ 176 $ 186 $ 303 $ 289