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Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Interest income:        
Interest and fees on loans $ 9,557 $ 10,114 $ 28,433 $ 29,620
Interest on investment securities 439 913 1,740 3,143
Total interest income 9,996 11,027 30,173 32,763
Interest expense:        
Interest on deposits 994 1,622 3,600 4,952
Interest on borrowings 37 58 99 58
Total interest expense 1,031 1,680 3,699 5,010
Net interest income 8,965 9,347 26,474 27,753
Provision for loan and lease losses 1,046 883 2,476 1,998
Net interest income after provision for loan and lease losses 7,919 8,464 23,998 25,755
Non-interest income:        
Credit insurance income 54 175 252 426
Net gain on sales and prepayments of investment securities   45 326 67
Lease income 206 212 630 633
Other income, net 621 419 1,300 1,089
Total non-interest income 1,375 1,414 4,002 3,970
Non-interest expense:        
Salaries and employee benefits 5,138 5,089 15,467 15,272
Net occupancy and equipment 1,078 1,055 3,074 3,190
Computer services 470 421 1,311 1,105
Fees for professional services 325 316 1,004 879
Other expense 1,736 1,665 4,966 5,057
Total non-interest expense 8,747 8,546 25,822 25,503
Income before income taxes 547 1,332 2,178 4,222
Provision for income taxes 136 214 516 865
Net income $ 411 $ 1,118 $ 1,662 $ 3,357
Basic net income per share $ 0.07 $ 0.17 $ 0.27 $ 0.52
Diluted net income per share 0.06 0.16 0.25 0.49
Dividends per share $ 0.03 $ 0.02 $ 0.09 $ 0.06
Service [Member]        
Non-interest income:        
Revenue from Contract with Customer, Including Assessed Tax $ 298 $ 472 $ 995 $ 1,375
Mortgage Banking [Member]        
Non-interest income:        
Revenue from Contract with Customer, Including Assessed Tax $ 196 $ 91 $ 499 $ 380