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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income      
Interest and fees on loans $ 27,198 $ 31,207 $ 30,941
Interest on securities      
Taxable 8,075 4,440 7,837
Non-taxable 4,040 2,800 1,501
Other interest 388 62 282
Total interest income 39,701 38,509 40,561
Interest expense      
Deposits 2,538 4,260 6,556
Other borrowed funds 2,254 755 871
Total interest expense 4,792 5,015 7,427
Net interest income 34,909 33,494 33,134
Provision for loan losses 124 1,409 1,485
Net interest income after provision for loan losses 34,785 32,085 31,649
Non-interest income      
Net gains on sales of securities 0 1,378 829
Other income 2,721 3,030 2,673
Total non-interest income 10,885 12,188 10,460
Non-interest expense      
Salaries and employee benefits 17,649 18,460 17,476
Occupancy expense 3,195 3,193 3,105
Equipment expense 4,216 3,942 4,255
Write down on other real estate 42 914 230
Other expense 9,067 8,839 8,360
Total non-interest expense 34,169 35,348 33,426
Income before income taxes 11,501 8,925 8,683
Income tax expense 1,881 1,431 1,752
Net income $ 9,620 $ 7,494 $ 6,931
Net income per share – basic (in dollars per share) $ 1.72 $ 1.34 $ 1.24
Net income per share – diluted (in dollars per share) $ 1.72 $ 1.34 $ 1.24
Weighted average shares outstanding      
Basic (in shares) 5,592,668 5,584,396 5,577,352
Diluted (in shares) 5,592,668 5,584,483 5,579,916
Deposit Account [Member]      
Non-interest income      
Service charges on deposit accounts $ 3,896 $ 3,499 $ 3,352
Financial Service, Other [Member]      
Non-interest income      
Service charges on deposit accounts $ 4,268 $ 4,281 $ 3,606