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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income      
Interest and fees on loans $ 32,777 $ 27,198 $ 31,207
Interest on securities      
Taxable 8,957 8,075 4,440
Non-taxable 4,184 4,040 2,800
Other interest 3,366 388 62
Total interest income 49,284 39,701 38,509
Interest expense      
Deposits 12,254 2,538 4,260
Other borrowed funds 7,152 2,254 755
Total interest expense 19,406 4,792 5,015
Net interest income 29,878 34,909 33,494
Provision for credit losses 669 124 1,409
Net interest income after provision for credit losses 29,209 34,785 32,085
Non-interest income      
Net (losses) gains on sales of securities (1,986) 0 1,378
Other income 2,497 2,721 3,030
Total non-interest income 8,748 10,885 12,188
Non-interest expense      
Salaries and employee benefits 18,583 17,649 18,460
Occupancy expense 3,143 3,195 3,193
Equipment expense 4,692 4,216 3,942
Write down on other real estate 0 42 914
Other expense 9,759 9,067 8,839
Total non-interest expense 36,177 34,169 35,348
Income before income taxes 1,780 11,501 8,925
Income tax (benefit) expense (74) 1,881 1,431
Net income $ 1,854 $ 9,620 $ 7,494
Net income per share – basic (in dollars per share) $ 0.33 $ 1.72 $ 1.34
Net income per share – diluted (in dollars per share) $ 0.33 $ 1.72 $ 1.34
Weighted average shares outstanding      
Basic (in shares) 5,600,964 5,592,668 5,584,396
Diluted (in shares) 5,600,964 5,592,668 5,584,483
Deposit Account [Member]      
Non-interest income      
Service and other charges $ 3,788 $ 3,896 $ 3,499
Financial Service, Other [Member]      
Non-interest income      
Service and other charges $ 4,449 $ 4,268 $ 4,281