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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Interest and dividend income:    
Loans, including fees $ 19,249,000 $ 21,060,000
Taxable securities 4,813,000 4,115,000
Tax-exempt securities 142,000 147,000
Other interest income 79,000 292,000
Total interest income 24,283,000 25,614,000
Interest expense:    
Deposits 2,946,000 3,706,000
Short-term borrowings and repurchase agreements 68,000 61,000
FRB advances 61,000 0
Long-term debt 946,000 899,000
Other interest bearing liabilities 16,000 42,000
Total interest expense 4,037,000 4,708,000
Net interest income 20,246,000 20,906,000
Provision for loan losses 721,000 (573,000)
Net interest income after provision for loan losses 19,525,000 21,479,000
Non-interest income:    
Earnings on bank-owned life insurance and annuities 263,000 289,000
Gain (loss) on sales and calls of securities 855,000 (43,000)
Change in value of equity securities (53,000) 26,000
Other non-interest income 348,000 344,000
Total non-interest income 5,320,000 4,749,000
Non-interest expense:    
Employee compensation expense 7,844,000 8,257,000
Employee benefits 2,331,000 3,594,000
Occupancy 1,175,000 1,296,000
Equipment 932,000 881,000
Data processing expense 2,294,000 2,114,000
Professional fees 715,000 961,000
Taxes, other than income 502,000 567,000
FDIC Insurance premiums 232,000 108,000
Gain on sales of other real estate owned 0 (208,000)
Amortization of intangible assets 77,000 87,000
Amortization of investment in low income housing partnerships 799,000 792,000
Long-term debt prepayment penalty 524,000 0
Other non-interest expense 1,868,000 1,958,000
Total non-interest expense 19,293,000 20,407,000
Income before income taxes 5,552,000 5,821,000
Income tax provision (benefit) (50,000) (14,000)
Net income $ 5,602,000 $ 5,835,000
Earnings per share    
Basic $ 1.10 $ 1.14
Diluted $ 1.10 $ 1.14
Customer Service Fees [Member]    
Non-interest income:    
Non-interest income $ 1,376,000 $ 1,717,000
Debit Card fee Income [Member]    
Non-interest income:    
Non-interest income 1,465,000 1,349,000
Trust Fees [Member]    
Non-interest income:    
Non-interest income 408,000 394,000
Commissions from Sales of Non-Deposit Products [Member]    
Non-interest income:    
Non-interest income 306,000 272,000
Fees Derived From Loan Activity [Member]    
Non-interest income:    
Non-interest income 298,000 333,000
Mortgage Banking Income [Member]    
Non-interest income:    
Non-interest income $ 54,000 $ 68,000