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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income:    
Loans, including fees $ 29,893 $ 29,573
Investment securities:    
Taxable 884 758
Nontaxable 1,037 1,025
Federal funds sold 638 491
Total interest income 32,452 31,847
Interest expense:    
Deposits 6,492 6,499
FHLB borrowings 1,370 1,575
Total interest expense 7,862 8,074
Net interest income 24,590 23,773
Provision for loan losses 4,649 (1,246)
Net interest income after provision for loan losses 19,941 25,019
Noninterest income:    
Net gain on sale of loans 658 286
Other noninterest income 400 437
Gain on sale of investment securities 10 0
Noninterest income 6,167 5,250
Noninterest expenses:    
Salaries and employee benefits 9,584 8,722
Occupancy 1,152 1,186
Furniture and equipment 1,781 1,673
Office supplies and postage 503 459
Advertising and business development 759 638
Outside services 2,685 2,572
FDIC insurance assessment 180 209
Other noninterest expense 583 590
Noninterest expenses 17,227 16,049
Income before income taxes 8,881 14,220
Income taxes 1,806 3,017
Net income $ 7,075 $ 11,203
Earnings per share:    
Basic (in dollars per share) $ 0.75 $ 1.20
Diluted (in dollars per share) $ 0.75 $ 1.20
Trust fees    
Noninterest income:    
Fee income $ 2,570 $ 2,252
Service charges and fees    
Noninterest income:    
Fee income $ 2,529 $ 2,275