XML 27 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Interest income:    
Loans receivable $ 29,449 $ 29,924
Securities available for sale:    
Mortgage-backed and related 1,864 1,155
Other marketable 282 702
Other 166 178
Total interest income 31,761 31,959
Interest expense:    
Deposits 1,553 2,851
Total interest expense 1,553 2,851
Net interest income 30,208 29,108
Provision for loan losses (2,119) 2,699
Net interest income after provision for loan losses 32,327 26,409
Non-interest income:    
Gain on sales of loans [1] 6,566 9,531
Other 3,017 1,319
Total non-interest income 14,263 15,083
Non-interest expense:    
Compensation and benefits 16,114 15,646
Occupancy and equipment 4,372 4,429
Data processing 1,445 1,314
Professional services 1,438 1,405
Other 4,292 4,328
Total non-interest expense 27,661 27,122
Income before income tax expense 18,929 14,370
Income tax expense 5,365 4,068
Net income 13,564 10,302
Other comprehensive (loss) income, net of tax (2,865) 1,236
Comprehensive income available to common shareholders $ 10,699 $ 11,538
Basic earnings per common share (in dollars per share) $ 3.03 $ 2.23
Diluted earnings per common share (in dollars per share) $ 3.01 $ 2.22
Financial Service [Member]    
Non-interest income:    
Revenue from Contract with Customer $ 3,125 $ 2,877
Bank Servicing [Member]    
Non-interest income:    
Revenue from Contract with Customer [1] $ 1,555 $ 1,356
[1] Not within the scope of ASC 606.