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Consolidated Statement of Income - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
INTEREST AND DIVIDEND INCOME    
Interest and fees on loans $ 47,896,000 $ 49,003,000
Interest-earning deposits in other institutions 90,000 118,000
Federal funds sold 3,000 22,000
Investment securities:    
Taxable interest 1,679,000 909,000
Tax-exempt interest 2,565,000 2,472,000
Dividends on stock 102,000 114,000
Total interest and dividend income 52,335,000 52,638,000
INTEREST EXPENSE    
Deposits 3,913,000 8,962,000
Short-term borrowings 0 79,000
Other borrowings 152,000 209,000
Total interest expense 4,065,000 9,250,000
NET INTEREST INCOME 48,270,000 43,388,000
Provision for loan losses 700,000 9,840,000
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 47,570,000 33,548,000
NONINTEREST INCOME    
Gains (losses) on equity securities [1] 209,000 (101,000)
Earnings on bank-owned life insurance [1] 546,000 427,000
Gain on sale of loans [1] 1,240,000 1,487,000
Revenue from investment services [2] 727,000 526,000
Total noninterest income 7,206,000 5,990,000
NONINTEREST EXPENSE    
Salaries and employee benefits 17,151,000 15,835,000
Occupancy expense 2,178,000 2,158,000
Equipment expense 1,361,000 1,308,000
Data processing costs 2,880,000 2,650,000
Ohio state franchise tax 1,144,000 1,082,000
Federal deposit insurance expense 494,000 423,000
Professional fees 1,313,000 1,359,000
Net gain (loss) on other real estate owned 11,000 (172,000)
Advertising expense 885,000 698,000
Software amortization expense 361,000 351,000
Core deposit intangible amortization 321,000 332,000
Other expense 3,979,000 3,764,000
Total noninterest expense 32,078,000 29,788,000
Income before income taxes 22,698,000 9,750,000
Income taxes 4,065,000 1,401,000
NET INCOME $ 18,633,000 $ 8,349,000
EARNINGS PER SHARE    
Basic (in dollars per share) $ 3.01 $ 1.31
Diluted (in dollars per share) $ 3.00 $ 1.30
Deposit Account [Member]    
NONINTEREST INCOME    
Noninterest income revenue $ 3,425,000 $ 2,539,000
Financial Service, Other [Member]    
NONINTEREST INCOME    
Noninterest income revenue $ 1,059,000 $ 1,112,000
[1] Not within scope of ASC 606
[2] From services offered by the Company through it's servicing partnership with LPL Financial