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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
INTEREST INCOME    
Loans $ 14,546 $ 14,362
Interest-bearing deposits at banks 181 249
Securities:    
Taxable 1,049 801
Non-taxable 47 130
Total interest income 15,823 15,542
INTEREST EXPENSE    
Deposits 2,876 2,843
Other borrowings 47 45
Junior subordinated debentures 124 146
Total interest expense 3,047 3,034
NET INTEREST INCOME 12,776 12,508
PROVISION FOR LOAN LOSSES 2,999 538
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 9,777 11,970
NON-INTEREST INCOME    
Deposit service charges 628 533
Insurance service and fees 2,425 2,442
Gain on loans sold 51 26
Bank-owned life insurance 160 159
Loss on tax credit investment (2,475)  
Refundable state historic tax credit 1,857  
Interchange fee income 382 421
Other 310 614
Total non-interest income 3,338 4,195
NON-INTEREST EXPENSE    
Salaries and employee benefits 7,797 7,160
Occupancy 861 836
Advertising and public relations 269 167
Professional services 1,374 745
Technology and communications 1,096 893
Amortization of intangibles 130 112
FDIC insurance 179 207
Other 1,164 1,104
Total non-interest expense 12,870 11,224
INCOME BEFORE INCOME TAXES 245 4,941
INCOME TAX PROVISION 41 1,221
NET INCOME $ 204 $ 3,720
Net income per common share-basic $ 0.04 $ 0.77
Net income per common share-diluted $ 0.04 $ 0.75
Weighted average number of common shares outstanding 4,936,947 4,855,815
Weighted average number of diluted shares outstanding 4,992,214 4,932,451