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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Interest and dividend income:    
Loans, including fees $ 51,998 $ 42,045
Investment securities 878 1,274
Federal funds sold and other 458 1,732
Total interest and dividend income 53,334 45,051
Interest expense:    
Deposits 5,794 12,263
Other borrowed funds 1,438 727
Total interest expense 7,232 12,990
Net interest income 46,102 32,061
Less: provision for loan losses 4,682 662
Net interest income, after provision for loan losses 41,420 31,399
Non-interest income:    
Trust and investment management fees 19,022 18,935
Net gain on mortgage loans 29,276 10,585
Bank fees 1,320 1,173
Risk management and insurance fees 1,199 1,205
Income on company-owned life insurance 363 377
Net gain on sale of securities   119
Net gain on sale of assets   183
Total non-interest income 51,180 32,577
Total income before non-interest expense 92,600 63,976
Non-interest expense:    
Salaries and employee benefits 34,785 31,810
Occupancy and equipment 6,009 5,562
Professional services 5,035 3,519
Technology and information systems 4,035 3,973
Data processing 4,000 3,065
Marketing 1,478 1,292
Amortization of other intangible assets 14 374
Goodwill impairment   1,572
Net loss on assets held for sale 553  
Provision for other real estate owned 176  
Other 3,452 2,617
Total non-interest expense 59,537 53,784
Income (loss) before income tax 33,063 10,192
Income tax expense 8,529 2,183
Net income available to common shareholders $ 24,534 $ 8,009
Earnings per common share:    
Basic $ 3.11 $ 1.02
Diluted $ 3.08 $ 1.01