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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest Income    
Loans, including fees $ 20,455 $ 15,612
Debt securities:    
U.S. Treasury and government agencies 1,023 751
Municipalities 300 308
Dividends 42 50
Federal funds sold 10 5
Other 69 39
Total interest income 21,899 16,765
Interest Expense    
Deposits 1,360 1,340
Federal funds purchased and securities sold under agreements to repurchase 152 166
Borrowed funds 335 222
Subordinated notes 269  
Total interest expense 2,116 1,728
Net Interest Income - Before Provision for Loan Losses 19,783 15,037
Provision for Loan Losses 580 1,700
Net Interest Income After Provision for Loan Losses 19,203 13,337
Noninterest Income    
Net gain on sale of loans 697 1,046
Net gain on sale of available-for-sale securities   293
Total noninterest income 4,343 4,991
Noninterest Expense    
Salaries and wages 5,502 4,390
Employee benefits 2,054 1,994
Net occupancy expense 598 577
Furniture and equipment 1,056 791
Data processing 604 505
Franchise taxes 418 446
ATM expense 532 449
Advertising 237 235
Net gain on sale of other assets owned (5) (25)
FDIC assessment 114 236
Mortgage servicing rights amortization 26 505
Consulting fees 178 223
Other general and administrative 2,179 2,033
Total noninterest expense 13,493 12,359
Income Before Income Taxes 10,053 5,969
Income Taxes 1,951 1,060
Net Income $ 8,102 $ 4,909
Basic and Diluted Earnings Per Share $ 0.62 $ 0.44
Dividends Declared $ 0.19 $ 0.17
Customer Service Fees [Member]    
Noninterest Income    
Noninterest income $ 2,648 $ 2,814
Other Service Charges and Fees [Member]    
Noninterest Income    
Noninterest income $ 998 $ 838