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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest and Dividend Income:        
Loans, including fees $ 9,483 $ 8,814 $ 18,667 $ 18,768
Due from banks 208 52 281 95
Federal funds sold 6 0 7 0
Securities:        
Taxable 1,123 791 2,112 1,561
Tax-exempt 251 191 460 372
Dividends and interest on all other securities 14 11 28 41
Total interest and dividend income 11,085 9,859 21,555 20,837
Interest Expense:        
Checking and savings deposits 148 235 324 450
Time deposits 320 511 681 1,095
Federal funds purchased, securities sold under agreements to repurchase and other borrowings 1 7 2 30
Long term borrowings 295 0 590 0
Total interest expense 764 753 1,597 1,575
Net interest income 10,321 9,106 19,958 19,262
Provision for loan losses 570 0 671 150
Net interest income after provision for loan losses 9,751 9,106 19,287 19,112
Noninterest Income:        
Bank-owned life insurance income 195 204 426 430
Mortgage banking income 113 381 333 1,569
Total noninterest income 3,500 3,538 7,015 7,672
Noninterest Expense:        
Salaries and employee benefits 6,611 6,227 13,033 12,454
Occupancy and equipment 1,143 1,123 2,304 2,325
Data processing 1,151 1,197 2,241 2,240
Customer development 69 69 162 147
Professional services 638 620 1,268 1,165
Employee professional development 275 192 539 333
Other taxes 212 171 425 422
ATM and other losses 100 17 114 156
Other operating expenses 891 919 1,717 1,851
Total noninterest expense 11,090 10,535 21,803 21,093
Income before income taxes 2,161 2,109 4,499 5,691
Income tax expense 269 267 576 837
Net income $ 1,892 $ 1,842 $ 3,923 $ 4,854
Basic Earnings per Share:        
Weighted average shares outstanding (in shares) 5,086,957 5,237,479 5,136,380 5,231,026
Net income per share of common stock (in dollars per share) $ 0.37 $ 0.35 $ 0.76 $ 0.93
Diluted Earnings per Share:        
Weighted average shares outstanding (in shares) 5,087,038 5,237,479 5,136,459 5,231,026
Net income per share of common stock (in dollars per share) $ 0.37 $ 0.35 $ 0.76 $ 0.93
Fiduciary and Asset Management Fees [Member]        
Noninterest Income:        
Noninterest revenue $ 1,061 $ 1,051 $ 2,133 $ 2,078
Service Charges on Deposit Accounts [Member]        
Noninterest Income:        
Noninterest revenue 761 657 1,483 1,306
Other Service Charges, Commissions and Fees [Member]        
Noninterest Income:        
Noninterest revenue 1,143 1,163 2,196 2,150
Other Operating Income [Member]        
Noninterest Income:        
Noninterest revenue $ 227 $ 82 $ 444 $ 139