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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest Income    
Loans, including fees $ 15,612 $ 15,883
Debt securities:    
U.S. Treasury and government agencies 751 1,146
Municipalities 308 262
Dividends 50 45
Federal funds sold 5 6
Other 39 122
Total interest income 16,765 17,464
Interest Expense    
Deposits 1,340 2,901
Federal funds purchased and securities sold under agreements to repurchase 166 244
Borrowed funds 222 266
Total interest expense 1,728 3,411
Net Interest Income - Before Provision for Loan Losses 15,037 14,053
Provision for Loan Losses 1,700 1,430
Net Interest Income After Provision for Loan Losses 13,337 12,623
Noninterest Income    
Net gain on sale of loans 1,046 227
Net gain on sale of available-for-sale securities 293 270
Total noninterest income 4,991 3,122
Noninterest Expense    
Salaries and wages 4,390 4,223
Employee benefits 1,994 1,677
Net occupancy expense 577 564
Furniture and equipment 791 758
Data processing 505 442
Franchise taxes 446 368
ATM expense 449 414
Advertising 235 303
Net (gain) loss on sale of other assets owned (25) 1
FDIC assessment 236 72
Mortgage servicing rights amortization 505 132
Consulting fees 223 139
Other general and administrative 2,033 1,575
Total noninterest expense 12,359 10,668
Income Before Income Taxes 5,969 5,077
Income Taxes 1,060 972
Net Income $ 4,909 $ 4,105
Basic and Diluted Earnings Per Share $ 0.44 $ 0.37
Dividends Declared $ 0.17 $ 0.16
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 2,814 $ 1,586
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 838 $ 1,039