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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest and dividend income    
Interest and fees on loans $ 13,086 $ 12,419
Interest and fees on PCI loans 1,097 1,293
Interest on deposits in other banks 69 96
Interest and dividends on securities    
Taxable 1,351 1,522
Nontaxable 343 476
Total interest and dividend income 15,946 15,806
Interest expense    
Interest on deposits 3,419 3,234
Interest on borrowed funds 289 447
Total interest expense 3,708 3,681
Net interest income 12,238 12,125
Provision for loan losses 3,300  
Net interest income after provision for loan losses 8,938 12,125
Noninterest income    
Service charges and fees 672 609
Gain on securities transactions, net (39) (14)
Gain on sale of other loans 11  
Income on bank owned life insurance 174 181
Mortgage loan income 221 62
Other 296 176
Total noninterest income 1,335 1,014
Noninterest expense    
Salaries and employee benefits 5,152 5,381
Occupancy expenses 827 930
Equipment expenses 372 381
FDIC assessment 125 150
Data processing fees 592 568
Other real estate expense, net 6 (8)
Other operating expenses 1,520 1,438
Total noninterest expense 8,594 8,840
Income before income taxes 1,679 4,299
Income tax expense 264 796
Net income $ 1,415 $ 3,503
Net income per share - basic $ 0.06 $ 0.16
Net income per share - diluted $ 0.06 $ 0.16
Weighted average number of shares outstanding    
Basic 22,400 22,141
Diluted 22,591 22,430