XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income    
Loans, including fees $ 22,272 $ 24,195
Securities    
Taxable 1,953 1,052
Nontaxable 1,150 1,039
Federal funds sold and interest-bearing deposits 518 227
Total interest income 25,893 26,513
Interest expense    
Deposits 1,242 1,603
FHLB advances and federal funds purchased 46 99
Subordinated debentures 246 188
Other borrowed money 36 132
Total interest expense 1,570 2,022
Net interest income 24,323 24,491
Reversal of provision for credit losses (1,250) (0)
Net interest income after provision for credit losses 25,573 24,491
Noninterest income    
Service charges 976 829
Net realized gain on sale of loans 905 1,398
Merchant and debit card fees 1,611 1,506
Other income 2,987 2,386
Total noninterest income 6,479 6,119
Noninterest expense    
Employee compensation and benefits 11,532 9,943
Occupancy expenses 2,711 2,687
Other expenses 4,836 4,682
Total noninterest expense 19,079 17,312
Income before income taxes 12,973 13,298
Income tax provision 2,235 2,336
Net earnings $ 10,738 $ 10,962
Basic earnings per share $ 0.89 $ 0.91
Diluted earnings per share $ 0.88 $ 0.90