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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income:    
Interest and fees on loans $ 3,205 $ 3,689
Interest and dividends on securities:    
U.S. Treasuries 291 294
U.S. Government agencies 82 125
Mortgage-backed securities 749 822
Collateralized mortgage obligations 111 12
States and political subdivisions 413 460
Other investments 1 11
Interest on balances due from depository institutions 155 87
Total interest income 5,007 5,500
Interest expense:    
Deposits 599 802
Borrowings from Federal Home Loan Bank 12 78
Total interest expense 611 880
Net interest income 4,396 4,620
Provision for allowance for loan losses 64 54
Net interest income after provision for allowance for loan losses 4,332 4,566
Non-interest income:    
Gain on sales and calls of available for sale securities 433
Increase in cash surrender value of life insurance 108 105
Other income 443 108
Total non-interest income 2,266 1,466
Non-interest expense:    
Salaries and employee benefits 2,674 2,734
Net occupancy 487 474
Equipment rentals, depreciation and maintenance 794 833
FDIC and state banking assessments 98 102
Data processing 314 347
ATM expense 185 169
Other real estate expense 136 50
Loss from other investments 38 60
Other expense 749 858
Total non-interest expense 5,475 5,627
Net income $ 1,123 $ 405
Basic and diluted earnings per share (in dollars per share) $ 0.23 $ 0.08
Dividends declared per share (in dollars per share)
Trust Department Income and Fees [Member]    
Non-interest income:    
Revenue from contract with customer $ 371 $ 371
Service Charges on Deposit Accounts [Member]    
Non-interest income:    
Revenue from contract with customer $ 911 $ 882