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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Interest and dividend income:    
Loans, including fees $ 21,227,000 $ 19,462,000
Taxable securities 6,077,000 4,912,000
Tax-exempt securities 155,000 154,000
Other interest income 96,000 25,000
Total interest income 27,555,000 24,553,000
Interest expense:    
Deposits 2,577,000 2,272,000
Short-term borrowings and repurchase agreements 362,000 90,000
FRB advances 0 18,000
Long-term debt 471,000 832,000
Other interest bearing liabilities 12,000 6,000
Total interest expense 3,422,000 3,218,000
Net interest income 24,133,000 21,335,000
Provision for loan losses 455,000 (769,000)
Net interest income after provision for loan losses 23,678,000 22,104,000
Non-interest income:    
Earnings on bank-owned life insurance and annuities 219,000 246,000
Gain (loss) on sales and calls of securities (1,453,000) 21,000
Change in value of equity securities (68,000) 151,000
Gain from life insurance proceeds 380,000 0
Other non-interest income 1,542,000 331,000
Total non-interest income 5,225,000 5,154,000
Non-interest expense:    
Employee compensation expense 8,445,000 8,414,000
Employee benefits 2,370,000 2,286,000
Occupancy 1,284,000 1,259,000
Equipment 734,000 743,000
Data processing expense 2,582,000 2,693,000
Professional fees 800,000 841,000
Taxes, other than income 503,000 574,000
FDIC Insurance premiums 405,000 310,000
Gain on other real estate owned (28,000) (64,000)
Amortization of intangible assets 54,000 66,000
Amortization of investment in low income housing partnerships 799,000 799,000
Long-term debt prepayment penalty 0 691,000
Other non-interest expense 1,993,000 1,758,000
Total non-interest expense 19,941,000 20,370,000
Income before income taxes 8,962,000 6,888,000
Income tax provision 642,000 284,000
Net income $ 8,320,000 $ 6,604,000
Earnings per share    
Basic $ 1.66 $ 1.32
Diluted $ 1.66 $ 1.32
Customer Service Fees [Member]    
Non-interest income:    
Non-interest income $ 1,472,000 $ 1,355,000
Debit Card fee Income [Member]    
Non-interest income:    
Non-interest income 1,703,000 1,755,000
Trust Fees [Member]    
Non-interest income:    
Non-interest income 472,000 445,000
Commissions from Sales of Non-Deposit Products [Member]    
Non-interest income:    
Non-interest income 384,000 368,000
Fees Derived From Loan Activity [Member]    
Non-interest income:    
Non-interest income 540,000 441,000
Mortgage Banking Income [Member]    
Non-interest income:    
Non-interest income $ 34,000 $ 41,000