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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
INTEREST INCOME      
Loans and leases, including fees $ 32,867 $ 29,722 $ 21,305
Securities:      
Taxable 2,601 2,573 2,403
Tax-exempt 1,704 1,557 1,682
Other 647 513 382
Total interest income 37,819 34,365 25,772
INTEREST EXPENSE      
Deposits 6,440 3,849 2,125
Borrowings 2,484 2,309 993
Total interest expense 8,924 6,158 3,118
Net interest income 28,895 28,207 22,654
PROVISION (CREDIT) FOR LOAN AND LEASE LOSSES 550 450 (350)
Net interest income after provision (credit) for loan and lease losses 28,345 27,757 23,004
NON-INTEREST INCOME      
Service charges on deposit accounts 1,486 1,610 1,636
Gain on sale of loans 9,071 [1] 4,675 [1] 1,843
Net securities gains (losses) 4 [1] (6) [1] (2)
Change in fair value of mortgage servicing rights (258) [1] 26 [1] (31)
Increase in cash surrender value of life insurance 390 [1] 395 [1] 397
Other operating income 4,355 2,728 2,256
Total non-interest income 15,048 9,428 6,099
NON-INTEREST EXPENSES      
Salaries, wages and employee benefits 18,665 15,903 12,038
Occupancy expenses 3,174 3,155 2,917
Other operating expenses 9,278 8,378 7,423
Total non-interest expenses 31,117 27,436 22,378
Income before income taxes 12,276 9,749 6,725
PROVISION FOR INCOME TAXES 1,615 1,529 2,879
NET INCOME $ 10,661 $ 8,220 $ 3,846
NET INCOME PER SHARE BASIC (in dollars per share) $ 3.26 $ 2.51 $ 1.18
NET INCOME PER SHARE DILUTED (in dollars per share) $ 3.25 $ 2.51 $ 1.18
[1] Not within the scope of ASC 606