

(in thousands, except per share data)	For the Three Months Ended March 31,
	2020		2019
INTEREST AND DIVIDEND INCOME
Interest and fees on loans	$	16,466	$	15,504
Interest on securities	1,791		1,763
Interest on federal funds sold	113		212
Interest on deposits in other banks	206		416
Dividends on stock	4		9
Total Interest and Dividend Income	18,580		17,904
INTEREST EXPENSE
Interest on deposits	2,492		2,296
Interest on junior subordinated debentures	—		156
Total Interest Expense	2,492		2,452
Net Interest Income	16,088		15,452
Provision for loan losses	503		526
Net Interest Income After Provision for Loan Losses	15,585		14,926
NONINTEREST INCOME
Service charges on deposit accounts	1,228		1,026
Debit card income, net	755		695
Mortgage loan income	889		514
Brokerage income	744		365
Loan and deposit income	300		346
Bank-owned life insurance income	142		133
Gain (Loss) on equity securities	63		48
Gain (Loss) on sale of securities	383		—
SBIC income	178		120
Other income	49		49
Total Noninterest Income	4,731		3,296
OPERATING EXPENSES
Personnel expenses	7,348		6,640
Occupancy and equipment expenses	1,185		1,175
Technology expenses	586		544
Advertising	261		209
Other business development expenses	295		282
Data processing expense	450		459
Other taxes	437		353
Loan and deposit expenses	246		223
Legal and professional expenses	495		319
Regulatory assessment expenses	26		142
Other operating expenses	621		812
Total Operating Expenses	11,950		11,158
Income Before Income Tax Expense	8,366		7,064
Income tax expense	1,621		1,368
Net Income	$	6,745	$	5,696
EARNINGS PER SHARE
Basic	$	0.92	$	0.86
Diluted	$	0.92	$	0.85