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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Interest and dividend income    
Interest and fees on loans $ 51,551 $ 46,291
Interest and fees on PCI loans 6,042 5,222
Interest on federal funds sold 14 5
Interest on deposits in other banks 391 303
Interest and dividends on securities    
Taxable 5,870 5,258
Nontaxable 1,581 2,162
Total interest and dividend income 65,449 59,241
Interest expense    
Interest on deposits 14,036 10,257
Interest on borrowed funds 1,456 1,797
Total interest expense 15,492 12,054
Net interest income 49,957 47,187
Provision for loan losses 325  
Net interest income after provision for loan losses 49,632 47,187
Noninterest income    
Service charges and fees 2,831 2,510
Gain on securities transactions, net 235 70
Gain on sale of other loans 14 118
Income on bank owned life insurance 724 735
Mortgage loan income 486 319
Other 1,064 711
Total noninterest income 5,354 4,463
Noninterest expense    
Salaries and employee benefits 21,423 21,477
Occupancy expenses 3,453 3,188
Equipment expenses 1,484 1,398
FDIC assessment 296 776
Data processing fees 2,329 2,122
Other real estate expense, net 718 113
Other operating expenses 6,026 5,803
Total noninterest expense 35,729 34,877
Income before income taxes 19,257 16,773
Income tax expense 3,552 3,085
Net income $ 15,705 $ 13,688
Net income per share - basic $ 0.71 $ 0.62
Net income per share - diluted $ 0.70 $ 0.61
Weighted average number of shares outstanding    
Basic 22,264 22,103
Diluted 22,531 22,569