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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest Income      
Interest and fees on loans $ 33,869 $ 31,333 $ 29,932
Interest on interest-bearing deposits 1,523 672 791
Interest and dividends on securities – taxable 6,725 6,856 5,711
Interest on securities – nontaxable 3,030 4,363 4,826
Total interest income 45,147 43,224 41,260
Interest Expense      
Interest on deposits 7,380 4,883 4,125
Interest on borrowings 164
Total interest expense 7,380 5,047 4,125
Net interest income 37,767 38,177 37,135
Provision for (recovery of) loan losses 126 (81) 157
Net interest income after provision for (recovery of) loan losses 37,641 38,258 36,978
Noninterest Income:      
Noninterest Income 6,154 6,266 6,114
BOLI income 910 901 758
Other income 1,643 1,005 1,148
Realized securities gains, net 566 17 14
Total noninterest income 8,790 7,729 7,636
Noninterest Expense      
Salaries and employee benefits 15,298 14,506 13,670
Occupancy, furniture and fixtures 1,866 1,845 1,820
Data processing and ATM 3,171 2,784 2,280
FDIC assessment 167 359 364
Intangible assets amortization 50 68
Net costs of other real estate owned 47 553 205
Franchise taxes 1,333 1,278 1,315
Write-down of insurance receivable 2,010
Other operating expenses 3,872 3,891 4,507
Total noninterest expense 25,754 27,276 24,229
Income before income taxes 20,677 18,711 20,385
Income tax expense 3,211 2,560 6,293
Net income $ 17,466 $ 16,151 $ 14,092
Basic net income per common share (in dollars per share) $ 2.65 $ 2.32 $ 2.03
Fully diluted net income per common share (in dollars per share) $ 2.65 $ 2.32 $ 2.03
Deposit Account [Member]      
Noninterest Income:      
Noninterest Income $ 2,453 $ 2,678 $ 2,776
Product and Service, Other [Member]      
Noninterest Income:      
Noninterest Income 198 132 205
Credit and Debit Card [Member]      
Noninterest Income:      
Noninterest Income 1,398 1,431 1,205
Fiduciary and Trust [Member]      
Noninterest Income:      
Noninterest Income $ 1,622 $ 1,565 $ 1,530