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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
INTEREST INCOME    
Interest and fees on loans $ 9,496,000 $ 10,327,000
Interest bearing deposits 1,000 1,000
Short-term investments 17,000 7,000
Investment securities:    
Available for sale 1,123,000 1,088,000
Held to maturity 391,000 346,000
Total Interest Income 11,028,000 11,769,000
INTEREST EXPENSE    
Deposits 796,000 1,402,000
Short-term borrowings   1,000
Advances from Federal Home Loan Bank 176,000 237,000
Financing lease liabilities 26,000 27,000
Guaranteed junior subordinated deferrable interest debentures   280,000
Subordinated debt 263,000 130,000
Total Interest Expense 1,261,000 2,077,000
Net Interest Income 9,767,000 9,692,000
Provision (credit) for loan losses (400,000) 400,000
Net Interest Income after Provision (Credit) for Loan Losses 10,167,000 9,292,000
NON-INTEREST INCOME    
Non-interest income 3,909,000 3,514,000
Net gains on loans held for sale 95,000 495,000
Mortgage related fees 33,000 130,000
Bank owned life insurance 209,000 332,000
Other income 561,000 584,000
Total Non-Interest Income 4,335,000 4,614,000
NON-INTEREST EXPENSE    
Salaries and employee benefits 7,405,000 6,941,000
Net occupancy expense 741,000 680,000
Equipment expense 397,000 390,000
Professional fees 1,324,000 1,314,000
Supplies, postage and freight 165,000 179,000
Miscellaneous taxes and insurance 323,000 292,000
Federal deposit insurance expense 145,000 155,000
Branch acquisition costs   110,000
Other expense 979,000 1,244,000
Total Non-Interest Expense 11,479,000 11,305,000
PRETAX INCOME 3,023,000 2,601,000
Provision for income taxes 605,000 520,000
NET INCOME $ 2,418,000 $ 2,081,000
Basic:    
Net income $ 0.14 $ 0.12
Average number of shares outstanding 17,094 17,064
Diluted:    
Net income $ 0.14 $ 0.12
Average number of shares outstanding 17,146 17,101
Wealth management fees.    
NON-INTEREST INCOME    
Non-interest income $ 3,165,000 $ 2,872,000
Service charges on deposit accounts    
NON-INTEREST INCOME    
Non-interest income $ 272,000 $ 201,000