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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
INTEREST INCOME        
Interest and fees on loans $ 16,922 $ 12,581 $ 45,177 $ 38,823
Interest on available-for-sale debt securities 269 319 723 920
Other interest income 164 116 436 538
Total interest income 17,355 13,016 46,336 40,281
Interest expense        
Interest on deposits 766 1,597 2,406 7,098
Total interest expense 766 1,597 2,406 7,098
Net interest income 16,589 11,419 43,930 33,183
(Reversal of) provision for loan losses (884) 1,399 (1,376) 4,130
Net interest income after (reversal of) provision for loan losses 17,473 10,020 45,306 29,053
NONINTEREST INCOME        
Service charges on deposits 409 334 1,157 1,063
Loan servicing fees, net of amortization 599 583 1,432 1,489
Gain on sale of loans 2,188 1,813 5,280 3,904
Other income 346 291 859 923
Total noninterest income 3,542 3,021 8,728 7,379
NONINTEREST EXPENSE        
Salaries and employee benefits 5,724 5,086 15,693 14,505
Occupancy and equipment 1,326 1,266 3,795 3,737
Data processing and communication 448 424 1,363 1,247
Professional fees 308 287 925 836
FDIC insurance and regulatory assessments 146 112 401 334
Promotion and advertising 175 81 528 405
Directors’ fees 183 147 427 603
Foundation donation and other contributions 842 360 1,989 935
Other expenses 367 224 1,153 926
Total noninterest expense 9,519 7,987 26,274 23,528
INCOME BEFORE INCOME TAX EXPENSE 11,496 5,054 27,760 12,904
INCOME TAX EXPENSE 3,246 1,459 8,054 3,594
NET INCOME $ 8,250 $ 3,595 $ 19,706 $ 9,310
EARNINGS PER SHARE - BASIC (in dollars per share) $ 0.54 $ 0.23 $ 1.29 $ 0.60
EARNINGS PER SHARE - DILUTED (in dollars per share) $ 0.54 $ 0.23 $ 1.29 $ 0.60
Other comprehensive (loss)/income:        
Change in unrealized (losses)/gains on securities available-for-sale $ (343) $ 57 $ (1,222) $ 1,120
Tax effect 102 (17) 361 (331)
Total other comprehensive (loss)/income (241) 40 (861) 789
COMPREHENSIVE INCOME $ 8,009 $ 3,635 $ 18,845 $ 10,099