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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest and Dividend Income:        
Loans, including fees $ 9,692 $ 8,788 $ 28,460 $ 26,539
Due from banks 68 41 163 224
Federal funds sold 0 0 0 12
Securities:        
Taxable 853 720 2,414 2,296
Tax-exempt 186 141 558 364
Dividends and interest on all other securities 16 47 57 136
Total interest and dividend income 10,815 9,737 31,652 29,571
Interest Expense:        
Checking and savings deposits 243 238 693 876
Time deposits 441 791 1,536 2,646
Federal funds purchased, securities sold under agreements to repurchase and other borrowings 3 69 33 106
Long term borrowings 252 0 252 0
Federal Home Loan Bank advances 0 171 0 584
Total interest expense 939 1,269 2,514 4,212
Net interest income 9,876 8,468 29,138 25,359
Provision for loan losses 360 300 510 900
Net interest income after provision for loan losses 9,516 8,168 28,628 24,459
Noninterest Income:        
Bank-owned life insurance income 195 207 625 630
Mortgage banking income 460 640 2,029 1,020
Gain on sale of available-for-sale securities, net 0 1 0 185
Gain on sale of fixed assets 0 0 0 818
Total noninterest income 3,606 3,657 11,278 10,893
Noninterest Expense:        
Salaries and employee benefits 6,558 6,660 19,012 18,118
Occupancy and equipment 1,185 1,233 3,510 3,687
Data processing 1,187 946 3,427 2,569
Customer development 78 82 225 267
Professional services 625 467 1,790 1,532
Employee professional development 154 200 487 513
Other taxes 186 162 608 470
ATM and other losses 68 75 224 233
(Gain) on other real estate owned 0 (22) 0 (22)
Other operating expenses 887 861 2,738 2,531
Total noninterest expense 10,928 10,664 32,021 29,898
Income before income taxes 2,194 1,161 7,885 5,454
Income tax expense 286 61 1,123 610
Net income $ 1,908 $ 1,100 $ 6,762 $ 4,844
Basic Earnings per Share:        
Weighted average shares outstanding (in shares) 5,245,042 5,221,476 5,235,749 5,213,982
Net income per share of common stock (in dollars per share) $ 0.36 $ 0.21 $ 1.29 $ 0.93
Diluted Earnings per Share:        
Weighted average shares outstanding (in shares) 5,245,172 5,221,601 5,235,793 5,214,262
Net income per share of common stock (in dollars per share) $ 0.36 $ 0.21 $ 1.29 $ 0.93
Fiduciary and Asset Management Fees [Member]        
Noninterest Income:        
Noninterest revenue $ 1,032 $ 955 $ 3,110 $ 2,881
Service Charges on Deposit Accounts [Member]        
Noninterest Income:        
Noninterest revenue 731 666 2,119 2,176
Other Service Charges, Commissions and Fees [Member]        
Noninterest Income:        
Noninterest revenue 1,085 1,121 3,153 3,044
Other Operating Income [Member]        
Noninterest Income:        
Noninterest revenue $ 103 $ 67 $ 242 $ 139