CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Interest and fees on loans:
Taxable	$ 42,832	$ 40,938	$ 39,122
Tax exempt	101	90	95
Interest bearing deposits	24	20	11
Short-term investments in money market funds	293	201	130
Investment securities:
Available for sale	5,090	4,527	3,800
Held to maturity	1,427	1,318	1,198
Total Interest Income	49,767	47,094	44,356
INTEREST EXPENSE
Deposits	11,189	8,443	6,255
Short-term borrowings	288	720	206
Advances from Federal Home Loan Bank	1,090	797	694
Financing lease liabilities	117	0	0
Guaranteed junior subordinated deferrable interest debentures	1,121	1,120	1,120
Subordinated debt	520	520	520
Total Interest Expense	14,325	11,600	8,795
NET INTEREST INCOME	35,442	35,494	35,561
Provision (credit) for loan losses	800	(600)	800
NET INTEREST INCOME AFTER PROVISION (CREDIT) FOR LOAN LOSSES	34,642	36,094	34,761
NON-INTEREST INCOME
Wealth management fees	9,730	9,659	9,170
Service charges on deposit accounts	1,271	1,420	1,581
Net gains on loans held for sale	865	489	679
Mortgage related fees	302	196	285
Net realized gains (losses) on investment securities	118	(439)	115
Impairment charge on other investments	(500)	0	0
Bank owned life insurance	521	536	737
Other income	2,466	2,363	2,078
Total Non-Interest Income	14,773	14,224	14,645
NON-INTEREST EXPENSE
Salaries and employee benefits	25,429	24,358	23,920
Net occupancy expense	2,497	2,462	2,600
Equipment expense	1,510	1,464	1,585
Professional fees	4,885	5,039	5,058
Supplies, postage and freight	605	674	676
Miscellaneous taxes and insurance	1,135	1,062	1,194
Federal deposit insurance expense	100	557	628
Other expense	5,654	5,257	5,065
Total Non-Interest Expense	41,815	40,873	40,726
PRETAX INCOME	7,600	9,445	8,680
Provision for income taxes	1,572	1,677	5,387
NET INCOME	$ 6,028	$ 7,768	$ 3,293
Basic:
Net income	$ 0.35	$ 0.43	$ 0.18
Average number of shares outstanding	17,359	17,933	18,498
Diluted:
Net income	$ 0.35	$ 0.43	$ 0.18
Average number of shares outstanding	17,440	18,037	18,600
Cash dividends declared	$ 0.095	$ 0.075	$ 0.060

Includes amounts charged depositors for: (1) maintenance of their accounts (maintenance charges); (2) failure to maintain specified minimum balances on account; (3) exceeding the number of checks or transactions allowed to be processed in a given period; (4) checks drawn on no minimum balance deposit accounts; (5) withdrawals from non-transaction deposit accounts; (6) closing savings accounts before a specified minimum period of time has elapsed; (7) accounts which have remained inactive for extended periods of time or which have become dormant; (8) use of automated teller machines or remote service units; (9) checks drawn against insufficient funds that the bank assesses regardless of whether it decides to pay, return or hold the check; (10) issuing stop payment orders; (11) certifying checks; and (12) accumulating or disbursing funds deposited in IRAs or Keogh Plan accounts when not handled by the bank's trust department. This item does not include penalties assessed on the early with

No definition available.