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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
INTEREST INCOME    
Loans receivable, including fees $ 15,375 $ 16,146
Securities 1,894 1,112
Other 78 43
Total interest income 17,347 17,301
INTEREST EXPENSE    
Deposits 1,059 1,255
Short-term borrowings 48 69
Other borrowings 139 201
Total interest expense 1,246 1,525
NET INTEREST INCOME 16,101 15,776
PROVISION FOR LOAN LOSSES 300 1,500
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 15,801 14,276
OTHER INCOME    
OTHER INCOME 3,144 1,543
Net realized gains on sales of securities   21
Gain on sale of loans, net   29
Gain on sales of foreclosed real estate owned 427 3
Earnings and proceeds on bank owned life insurance 176 374
Other 1,063 158
Total other income 3,338 1,992
OTHER EXPENSES    
Salaries and employee benefits 5,431 4,953
Occupancy, furniture & equipment, net 1,307 1,220
Data processing and related operations 628 603
Taxes, other than income 294 305
Professional fees 575 540
Federal Deposit Insurance Corporation insurance 183 181
Foreclosed real estate 53 33
Amortization of intangibles 27 35
Other 1,659 1,585
Total other expenses 10,157 9,455
INCOME BEFORE INCOME TAXES 8,982 6,813
INCOME TAX EXPENSE 1,854 1,271
NET INCOME $ 7,128 $ 5,542
BASIC EARNINGS PER SHARE $ 0.87 $ 0.68
DILUTED EARNINGS PER SHARE $ 0.87 $ 0.67
Service Charges And Fees [Member]    
OTHER INCOME    
OTHER INCOME $ 1,470 $ 1,247
Income From Fiduciary Activities [Member]    
OTHER INCOME    
OTHER INCOME $ 202 $ 160