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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
INTEREST AND DIVIDEND INCOME    
Loans, including fees $ 6,850 $ 7,072
Taxable securities 609 587
Nontaxable securities 119 134
Other 239 175
Total interest and dividend income 7,817 7,968
INTEREST EXPENSE    
Deposits 831 825
Short-term borrowings 41 93
Other borrowings 29 39
Total interest expense 901 957
NET INTEREST INCOME 6,916 7,011
Provision for loan losses 178 285
Net interest income, after provision for loan losses 6,738 6,726
NON INTEREST INCOME    
Gain on sale of loans, net 114 79
Earnings on bank owned life insurance 129 83
Unrealized gain or (loss) on equity securities, net (13) 6
Other income 217 193
Total noninterest income 1,343 1,224
NON INTEREST EXPENSES    
Salaries and employee benefits 2,968 2,842
Occupancy expense 220 204
Equipment expense 135 137
Professional and director fees 330 339
Financial institutions and franchise tax expense 171 153
Marketing and public relations 127 117
Software expense 227 218
Debit card expense 140 127
Amortization of intangible assets 15 16
Other expenses 674 638
Total noninterest expenses 5,007 4,791
Income before income taxes 3,074 3,159
FEDERAL INCOME TAX PROVISION 591 619
NET INCOME $ 2,483 $ 2,540
Basic and diluted net earnings per share $ 0.91 $ 0.93
Deposit Account [Member]    
NON INTEREST INCOME    
Noninterest income $ 291 $ 292
Fiduciary and Trust [Member]    
NON INTEREST INCOME    
Noninterest income 230 224
Debit Card [Member]    
NON INTEREST INCOME    
Noninterest income $ 375 $ 347