XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income:    
Interest and fees on loans $ 9,490 $ 9,639
Interest on investment securities 355 758
Total interest income 9,845 10,397
Interest expense:    
Interest on deposits 743 1,475
Interest on borrowings 38 36
Total interest expense 781 1,511
Net interest income 9,064 8,886
Provision for loan and lease losses 401 580
Net interest income after provision for loan and lease losses 8,663 8,306
Non-interest income:    
Credit insurance income 105 153
Lease income 209 212
Other income, net 348 371
Total non-interest income 951 1,297
Non-interest expense:    
Salaries and employee benefits 4,914 5,136
Net occupancy and equipment 1,039 1,001
Computer services 465 417
Fees for professional services 357 278
Other expense 1,621 1,662
Total non-interest expense 8,396 8,494
Income before income taxes 1,218 1,109
Provision for income taxes 268 262
Net income $ 950 $ 847
Basic net income per share $ 0.15 $ 0.13
Diluted net income per share 0.14 0.13
Dividends per share $ 0.03 $ 0.03
Service [Member]    
Non-interest income:    
Revenue from Contract with Customer, Including Assessed Tax $ 266 $ 434
Mortgage Banking [Member]    
Non-interest income:    
Revenue from Contract with Customer, Including Assessed Tax $ 23 $ 127