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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Interest income    
Loans, including fees $ 37,039 $ 34,063
Securities    
Taxable 6,564 6,017
Tax exempt 1,037 1,829
Other 892 723
Total interest income 45,532 42,632
Interest expense    
Deposits 6,240 4,241
Repurchase agreements and other borrowings 55 133
Federal Home Loan Bank advances 2,183 1,910
Note payable 117 153
Subordinated debentures 388 365
Total interest expense 8,983 6,802
Net interest income 36,549 35,830
Provision for loan losses 1,250 500
Net interest income after provision for loan losses 35,299 35,330
Other income    
Service charges 5,368 5,266
Loan service fee income, net 140 233
Trust department income 1,411 1,348
Securities gains (losses), net 857 (65)
Gain on sale of loans 1,552 1,560
Brokerage income 543 665
Debit card interchange income 3,470 3,273
Income from bank-owned life insurance 439 262
Other 459 594
Total other income 14,239 13,136
Other expenses    
Salaries and employee benefits 19,187 18,938
Occupancy expense 4,066 3,944
Legal and professional fees 1,183 908
Data processing 2,425 1,953
Debit card expenses 1,996 1,767
Advertising and marketing 824 859
Taxes other than payroll, property and income 1,314 1,215
Loss on limited partnership 635 624
Other 3,678 4,174
Total other expenses 35,308 34,382
Income before income taxes 14,230 14,084
Provision for income taxes 1,077 1,654
Net income $ 13,153 $ 12,430
Earnings per share:    
Basic (in dollars per share) $ 2.21 $ 2.09
Diluted (in dollars per share) $ 2.21 $ 2.09