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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest income:        
Loans receivable $ 7,837 $ 7,489 $ 22,754 $ 22,156
Securities available for sale:        
Mortgage-backed and related 457 271 1,288 825
Other marketable 57 163 226 546
Other 50 26 116 149
Total interest income 8,401 7,949 24,384 23,676
Interest expense:        
Deposits 360 656 1,223 2,293
Total interest expense 360 656 1,223 2,293
Net interest income 8,041 7,293 23,161 21,383
Provision for loan losses (886) 770 (2,353) 1,548
Net interest income after provision for loan losses 8,927 6,523 25,514 19,835
Non-interest income:        
Gain on sales of loans 1,471 3,005 4,909 6,503
Other 381 422 2,639 975
Total non-interest income 3,051 4,527 11,048 10,590
Non-interest expense:        
Compensation and benefits 3,948 3,916 11,865 11,762
Occupancy and equipment 1,090 1,101 3,301 3,335
Data processing 384 334 1,099 963
Professional services 409 241 895 1,175
Other 1,075 1,135 3,205 3,144
Total non-interest expense 6,906 6,727 20,365 20,379
Income before income tax expense 5,072 4,323 16,197 10,046
Income tax expense 1,453 1,222 4,632 2,869
Net income 3,619 3,101 11,565 7,177
Other comprehensive (loss) income, net of tax (688) (202) (1,508) 1,297
Comprehensive income available to common stockholders $ 2,931 $ 2,899 $ 10,057 $ 8,474
Basic earnings per share (in dollars per share) $ 0.82 $ 0.67 $ 2.57 $ 1.55
Diluted earnings per share (in dollars per share) $ 0.81 $ 0.67 $ 2.55 $ 1.54
Financial Service [Member]        
Non-interest income:        
Revenue from Contract with Customer $ 810 $ 753 $ 2,332 $ 2,136
Bank Servicing [Member]        
Non-interest income:        
Revenue from Contract with Customer $ 389 $ 347 $ 1,168 $ 976