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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest and Dividend Income:        
Loans, including fees $ 8,924 $ 9,075 $ 17,751 $ 17,937
Due from banks 32 111 183 168
Federal funds sold 0 6 12 13
Securities:        
Taxable 712 648 1,576 1,268
Tax-exempt 137 234 223 500
Dividends and interest on all other securities 43 59 89 123
Total interest and dividend income 9,848 10,133 19,834 20,009
Interest Expense:        
Checking and savings deposits 298 275 638 526
Time deposits 883 947 1,855 1,817
Federal funds purchased, securities sold under agreements to repurchase and other borrowings 15 36 37 73
Federal Home Loan Bank advances 179 344 413 703
Total interest expense 1,375 1,602 2,943 3,119
Net interest income 8,473 8,531 16,891 16,890
Provision for loan losses 300 787 600 1,013
Net interest income after provision for loan losses 8,173 7,744 16,291 15,877
Noninterest Income:        
Bank-owned life insurance income 192 198 423 390
Mortgage banking income 223 302 380 518
Gain on sale of available-for-sale securities, net 184 0 184 26
Gain on sale of fixed assets 818 0 818 0
Total noninterest income 3,958 3,573 7,236 6,989
Noninterest Expense:        
Salaries and employee benefits 5,464 5,927 11,458 11,626
Occupancy and equipment 1,188 1,405 2,454 2,798
Data processing 804 420 1,623 783
Customer development 71 151 185 313
Professional services 590 560 1,065 1,074
Employee professional development 93 230 313 416
Other taxes 158 149 308 299
ATM and other losses 60 53 158 115
(Gain) on other real estate owned 0 0 0 (2)
Other operating expenses 776 613 1,670 1,377
Total noninterest expense 9,204 9,508 19,234 18,799
Income before income taxes 2,927 1,809 4,293 4,067
Income tax expense 433 183 549 414
Net income $ 2,494 $ 1,626 $ 3,744 $ 3,653
Basic Earnings per Share:        
Weighted average shares outstanding (in shares) 5,220,137 5,202,166 5,210,139 5,194,529
Net income per share of common stock (in dollars per share) $ 0.48 $ 0.31 $ 0.72 $ 0.70
Diluted Earnings per Share:        
Weighted average shares outstanding (in shares) 5,220,262 5,202,196 5,210,573 5,194,594
Net income per share of common stock (in dollars per share) $ 0.48 $ 0.31 $ 0.72 $ 0.70
Fiduciary and Asset Management Fees [Member]        
Noninterest Income:        
Noninterest revenue $ 909 $ 929 $ 1,926 $ 1,888
Service Charges on Deposit Accounts [Member]        
Noninterest Income:        
Noninterest revenue 615 1,028 1,510 2,081
Other Service Charges, Commissions and Fees [Member]        
Noninterest Income:        
Noninterest revenue 980 1,026 1,923 1,951
Other Operating Income [Member]        
Noninterest Income:        
Noninterest revenue $ 37 $ 90 $ 72 $ 135