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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Interest and dividend income:    
Interest and fees on loans $ 39,207 $ 40,569
Due from banks interest bearing accounts 722 1,020
Investment securities:    
Taxable 6,249 6,406
Non-taxable 603 498
Other earning assets 395 371
Total interest and dividend income 47,176 48,864
Interest expense:    
Time deposits over $250,000 64 125
Other deposits 848 1,359
Total interest expense 912 1,484
Net interest income 46,264 47,380
(Reversal of) provision for loan losses (1,500) 3,050
Net interest income after (reversal of) provision for loan losses 47,764 44,330
Non-interest income:    
Service charges on deposit accounts 1,656 1,371
(Losses) gains on sales/calls of available-for-sale securities (221) 296
Gains on sales of loans held-for-sale 1,528 2,247
Debit card income 2,593 2,191
Other income 2,307 1,704
Total non-interest income 7,863 7,809
Non-interest expenses:    
Salaries and employee benefits 22,756 23,079
Occupancy and equipment 3,451 3,661
Data processing 3,377 2,683
Stationery and supplies 253 287
Advertising 382 418
Directors fees 293 314
Other real estate owned (recovery) expense 0 (1)
Other expense 5,689 5,036
Total non-interest expenses 36,201 35,477
Income before provision for income tax 19,426 16,662
Provision for income tax (5,240) (4,501)
Net income $ 14,186 $ 12,161
Basic income per share (in dollars per share) $ 1.01 $ 0.86
Diluted income per share (in dollars per share) $ 1.00 $ 0.85