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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest and dividend income:        
Loans, including fees $ 15,287 $ 12,202 $ 29,499 $ 23,204
Investment securities 169 224 365 519
Federal funds sold and other 92 44 183 259
Total interest and dividend income 15,548 12,470 30,047 23,982
Interest expense:        
Deposits 866 1,319 1,840 3,712
Other borrowed funds 459 355 931 543
Total interest expense 1,325 1,674 2,771 4,255
Net interest income 14,223 10,796 27,276 19,727
Less: provision for loan losses 12 2,124 12 2,491
Net interest income, after provision for loan losses 14,211 8,672 27,264 17,236
Non-interest income:        
Trust and investment management fees 5,009 4,609 9,856 9,340
Net gain on mortgage loans 3,914 10,173 9,110 12,654
Bank fees 394 221 767 589
Risk management and insurance fees 92 333 143 429
Income on company-owned life insurance 89 91 177 182
Other     60  
Total non-interest income 9,498 15,427 20,113 23,194
Total income before non-interest expense 23,709 24,099 47,377 40,430
Non-interest expense:        
Salaries and employee benefits 9,643 6,690 19,504 15,172
Occupancy and equipment 1,443 1,515 2,852 2,955
Professional services 1,370 1,231 2,649 2,254
Technology and information systems 904 993 1,846 1,962
Data processing 1,093 1,037 2,108 1,884
Marketing 398 253 719 668
Amortization of other intangible assets 4 38 8 40
Net loss on assets held for sale       553
Other 666 887 1,464 1,803
Total non-interest expense 15,521 12,644 31,150 27,291
Income before income taxes 8,188 11,455 16,227 13,139
Income tax expense 1,911 2,759 3,951 3,109
Net income available to common shareholders $ 6,277 $ 8,696 $ 12,276 $ 10,030
Earnings per common share:        
Basic $ 0.79 $ 1.10 $ 1.54 $ 1.27
Diluted $ 0.76 $ 1.10 $ 1.50 $ 1.26