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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Interest income        
Loans, including fees $ 17,589 $ 19,847 $ 54,233 $ 59,331
Investment securities:        
Taxable 616 780 2,197 2,200
Tax-exempt 113 152 380 532
Dividends 36 85 131 292
Other 57 602 497 1,522
Total interest income 18,411 21,466 57,438 63,877
Interest expense        
Deposits 3,111 4,815 10,888 14,051
Federal funds purchased and other short-term borrowings 9 11 29 31
Long-term debt 310 627 1,273 2,008
Total interest expense 3,430 5,453 12,190 16,090
Net interest income 14,981 16,013 45,248 47,787
Provision for loan losses 1,930 0 13,915 2,250
Net interest income after provision for loan losses 13,051 16,013 31,333 45,537
Noninterest income        
Trust and investment services fees 992 921 2,932 2,642
Income from mutual fund, annuity and insurance sales 287 255 797 786
Service charges on deposit accounts 1,182 1,239 3,287 3,605
Income from bank owned life insurance 286 301 851 960
Other income 215 443 1,136 1,497
Gain on sales of loans held for sale 1,282 312 2,134 849
Gain (loss) on sales of securities 0 2 65 (1)
Total noninterest income 4,244 3,473 11,202 10,338
Noninterest expense        
Personnel 7,470 7,849 22,471 22,946
Occupancy of premises, net 805 865 2,596 2,728
Furniture and equipment 856 787 2,550 2,334
Postage, stationery and supplies 160 190 582 549
Professional and legal 298 272 748 603
Marketing 352 441 988 1,164
FDIC insurance 325 5 664 465
Debit card processing 344 263 1,017 903
Charitable donations 65 337 1,030 1,316
Telecommunications 122 124 387 380
External data processing 631 649 2,039 1,821
(Gain)/loss on foreclosed real estate, including provision for (recovery of) losses 3 10 (170) 144
Impaired loan carrying costs 128 14 604 145
Other 1,070 1,045 2,572 2,418
Total noninterest expense 12,629 12,851 38,078 37,916
Income before income taxes 4,666 6,635 4,457 17,959
Provision for income taxes 1,042 1,432 772 3,806
Net income $ 3,624 $ 5,203 $ 3,685 $ 14,153
Net income per share, basic $ 0.37 $ 0.53 $ 0.38 $ 1.43
Net income per share, diluted $ 0.37 $ 0.52 $ 0.38 $ 1.42