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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
INTEREST INCOME    
Interest and fees on loans $ 10,327,000 $ 10,332,000
Interest bearing deposits 1,000 4,000
Short-term investments 7,000 72,000
Investment securities:    
Available for sale 1,088,000 1,183,000
Held to maturity 346,000 353,000
Total Interest Income 11,769,000 11,944,000
INTEREST EXPENSE    
Deposits 1,402,000 2,458,000
Short-term borrowings 1,000 12,000
Advances from Federal Home Loan Bank 237,000 284,000
Financing lease liabilities 27,000 29,000
Guaranteed junior subordinated deferrable interest debentures 280,000 280,000
Subordinated debt 130,000 130,000
Total Interest Expense 2,077,000 3,193,000
Net Interest Income 9,692,000 8,751,000
Provision for loan losses 400,000 175,000
Net Interest Income after Provision for Loan Losses 9,292,000 8,576,000
NON-INTEREST INCOME    
Non-interest income 3,514,000 3,230,000
Net gains on loans held for sale 495,000 237,000
Mortgage related fees 130,000 126,000
Bank owned life insurance 332,000 125,000
Other income 584,000 504,000
Total Non-Interest Income 4,614,000 3,832,000
NON-INTEREST EXPENSE    
Salaries and employee benefits 6,941,000 6,704,000
Net occupancy expense 680,000 671,000
Equipment expense 390,000 395,000
Professional fees 1,314,000 1,154,000
Supplies, postage and freight 179,000 179,000
Miscellaneous taxes and insurance 292,000 275,000
Federal deposit insurance expense 155,000 26,000
Other expense 1,354,000 1,229,000
Total Non-Interest Expense 11,305,000 10,633,000
PRETAX INCOME 2,601,000 1,775,000
Provision for income taxes 520,000 366,000
NET INCOME $ 2,081,000 $ 1,409,000
Basic:    
Net income $ 0.12 $ 0.08
Average number of shares outstanding 17,064 17,043
Diluted:    
Net income $ 0.12 $ 0.08
Average number of shares outstanding 17,101 17,099
Wealth management fees.    
NON-INTEREST INCOME    
Non-interest income $ 2,872,000 $ 2,554,000
Service charges on deposit accounts    
NON-INTEREST INCOME    
Non-interest income $ 201,000 $ 286,000