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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest and dividend income:      
Interest and fees on loans $ 40,569 $ 39,097 $ 37,189
Due from banks interest bearing accounts 1,020 2,503 2,267
Investment securities:      
Taxable 6,406 6,637 5,500
Non-taxable 498 300 143
Other earning assets 371 456 518
Total interest and dividend income 48,864 48,993 45,617
Interest expense:      
Time deposits over $250,000 125 144 78
Other deposits 1,359 1,715 1,190
Total interest expense 1,484 1,859 1,268
Net interest income 47,380 47,134 44,349
Provision for loan losses 3,050 0 2,100
Net interest income after provision for loan losses 44,330 47,134 42,249
Non-interest income:      
Service charges on deposit accounts 1,371 1,979 1,994
Net gain (loss) on sale of available-for-sale securities 296 (3) (20)
Net gain on sale of loans held-for-sale 2,247 614 337
Debit card income 2,191 2,177 2,144
Other income 1,704 2,430 2,754
Total non-interest income 7,809 7,197 7,209
Non-interest expenses:      
Salaries and employee benefits 23,079 21,946 20,795
Occupancy and equipment 3,661 3,156 2,775
Data processing 2,683 2,812 2,190
Stationery and supplies 287 295 389
Advertising 418 434 373
Directors fees 314 287 296
Other real estate owned (recovery) expense (1) 304 23
Other expense 5,036 4,706 5,322
Total non-interest expenses 35,477 33,940 32,163
Income before provision for income taxes 16,662 20,391 17,295
Provision for income tax (4,501) (5,670) (4,744)
Net income $ 12,161 $ 14,721 $ 12,551
Basic income per share (in dollars per share) $ 0.90 $ 1.10 $ 0.94
Diluted income per share (in dollars per share) $ 0.90 $ 1.08 $ 0.93