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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest income        
Loans, including fees $ 17,880 $ 19,974 $ 36,644 $ 39,484
Investment securities:        
Taxable 761 744 1,581 1,420
Tax-exempt 126 171 267 380
Dividends 23 88 95 207
Other 48 558 440 920
Total interest income 18,838 21,535 39,027 42,411
Interest expense        
Deposits 3,501 4,616 7,777 9,236
Federal funds purchased and other short-term borrowings 11 11 20 20
Long-term debt 426 665 963 1,381
Total interest expense 3,938 5,292 8,760 10,637
Net interest income 14,900 16,243 30,267 31,774
Provision for loan losses 2,550 1,200 11,985 2,250
Net interest income after provision for loan losses 12,350 15,043 18,282 29,524
Noninterest income        
Trust and investment services fees 946 881 1,940 1,721
Income from mutual fund, annuity and insurance sales 249 296 510 531
Service charges on deposit accounts 975 1,208 2,105 2,366
Income from bank owned life insurance 279 292 565 659
Other income 482 645 921 1,054
Gain on sales of loans held for sale 554 319 852 537
Gain (loss) on sales of securities 50 1 65 (3)
Total noninterest income 3,535 3,642 6,958 6,865
Noninterest expense        
Personnel 7,196 7,391 15,001 15,097
Occupancy of premises, net 865 900 1,791 1,863
Furniture and equipment 841 775 1,694 1,547
Postage, stationery and supplies 205 175 422 359
Professional and legal 245 222 450 331
Marketing 311 374 636 723
FDIC insurance 172 223 339 460
Debit card processing 284 317 673 640
Charitable donations 93 134 965 979
Telecommunications 144 130 265 256
External data processing 704 616 1,408 1,172
(Gain)/loss on foreclosed real estate, including (recovery of) provision for losses (193) 47 (173) 134
Impaired loan carrying costs 190 80 476 119
Other 1,073 1,120 1,502 1,385
Total noninterest expense 12,130 12,504 25,449 25,065
Income (loss) before income taxes 3,755 6,181 (209) 11,324
Provision (benefit) for income taxes 705 1,322 (270) 2,374
Net income $ 3,050 $ 4,859 $ 61 $ 8,950
Net income per share, basic $ 0.31 $ 0.49 $ 0.01 $ 0.90
Net income per share, diluted $ 0.31 $ 0.49 $ 0.01 $ 0.90