XML 21 R11.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Loans, including fees $ 14,766 $ 13,021
Taxable securities 619 401
Nontaxable securities 299 207
Other interest and dividends 188 48
Total interest income 15,872 13,677
Interest expense:    
Deposits 873 1,190
Other borrowings 345 203
Total interest expense 1,218 1,393
Net interest income 14,654 12,284
Provision for loan losses 700 750
Net interest income after provision for loan losses 13,954 11,534
Noninterest income:    
Service charges on deposit accounts 445 360
Swap fees 15 558
SBA/USDA fees 388 2,865
Mortgage origination fees 286 407
Net gain (loss) on securities (361) (232)
Other operating income 560 538
Total noninterest income 1,333 4,496
Noninterest expenses:    
Salaries and employee benefits 5,725 5,057
Equipment and occupancy expenses 705 879
Data processing fees 564 514
Regulatory assessments 263 221
Other operating expenses 2,033 1,861
Total noninterest expenses 9,290 8,532
Income before income taxes 5,997 7,498
Income tax expense 1,440 1,817
Net income $ 4,557 $ 5,681
Basic earnings per share (in dollars per share) $ 0.51 $ 0.74
Dilutive earnings per share (in dollars per share) $ 0.50 $ 0.73