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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Interest Income    
Interest and fees on loans $ 34,923 $ 34,523
Interest on interest-bearing deposits 170 276
Interest and dividends on securities – taxable 7,960 7,383
Interest on securities – nontaxable 1,934 1,826
Total interest income 44,987 44,008
Interest Expense    
Interest on deposits 3,098 5,837
Net interest income 41,889 38,171
Provision for (recovery of) loan losses (398) 1,991
Net interest income after provision for (recovery of) loan losses 42,287 36,180
Noninterest Income:    
Noninterest Income 6,653 5,654
BOLI income 910 877
Gain on sale of mortgage loans 364 676
Other income 1,261 1,093
Realized securities gains, net 6 108
Total noninterest income 8,426 7,944
Noninterest Expense    
Salaries and employee benefits 15,747 14,674
Occupancy, furniture and fixtures 1,842 1,795
Data processing and ATM 3,039 3,088
FDIC assessment 422 198
Net costs of other real estate owned 51 39
Franchise taxes 1,425 1,340
Other operating expenses 3,554 3,836
Total noninterest expense 26,080 24,970
Income before income taxes 24,633 19,154
Income tax expense 4,251 3,077
Net income $ 20,382 $ 16,077
Basic and fully diluted net income per common share (in dollars per share) $ 3.28 $ 2.48
Deposit Account [Member]    
Noninterest Income:    
Noninterest Income $ 2,045 $ 1,966
Product and Service, Other [Member]    
Noninterest Income:    
Noninterest Income 179 162
Credit and Debit Card [Member]    
Noninterest Income:    
Noninterest Income 1,869 1,400
Fiduciary and Trust [Member]    
Noninterest Income:    
Noninterest Income $ 1,792 $ 1,662