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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
INTEREST INCOME    
Interest and fees on loans $ 56,420 $ 55,391
Interest and dividends on investment securities:    
Taxable 2,997 3,582
Interest on deposits with other banks 260 794
Total interest income 59,677 59,767
INTEREST EXPENSE    
Interest on deposits 6,440 8,726
Interest on short-term borrowings 5 481
Interest on long-term borrowings 635 429
Total interest expense 7,080 9,636
NET INTEREST INCOME 52,597 50,131
Provision for credit losses 3,900 700
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 48,697 49,431
NONINTEREST INCOME    
Service charges on deposit accounts 2,839 3,910
Trust and investment fee income 1,558 1,522
Gains on sales and calls of investment securities 347  
Other noninterest income 6,005 4,588
Total noninterest income 10,749 10,020
NONINTEREST EXPENSE    
Salaries and wages 14,935 15,413
Employee benefits 6,461 5,283
Occupancy expense 2,919 2,758
Furniture and equipment expense 1,224 1,107
Data processing 4,288 3,790
Directors' fees 504 479
Amortization of other intangible assets 533 605
FDIC insurance premium expense 485 344
Other real estate owned expenses, net 56 425
Legal and professional fees 2,296 2,223
Other noninterest expenses 4,698 5,130
Total noninterest expense 38,399 37,557
Income from continuing operations before income taxes 21,047 21,894
Income tax expense 5,317 5,610
Income from continuing operations 15,730 16,284
Loss from discontinued operations before income taxes   (113)
Income tax benefit   (27)
Loss from discontinued operations   (86)
NET INCOME $ 15,730 $ 16,198
Earnings per common share - Basic and diluted    
Income from continuing operations $ 1.27 $ 1.28
Loss from discontinued operations   (0.01)
Net income 1.27 1.27
Dividends paid per common share $ 0.48 $ 0.42