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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Interest and dividend income:    
Loans, including fees $ 19,462,000 $ 19,249,000
Taxable securities 4,912,000 4,813,000
Tax-exempt securities 154,000 142,000
Other interest income 25,000 79,000
Total interest income 24,553,000 24,283,000
Interest expense:    
Deposits 2,272,000 2,946,000
Short-term borrowings and repurchase agreements 90,000 68,000
FRB advances 18,000 61,000
Long-term debt 832,000 946,000
Other interest bearing liabilities 6,000 16,000
Total interest expense 3,218,000 4,037,000
Net interest income 21,335,000 20,246,000
Provision for loan losses (769,000) 721,000
Net interest income after provision for loan losses 22,104,000 19,525,000
Non-interest income:    
Earnings on bank-owned life insurance and annuities 246,000 263,000
Gain on sales and calls of securities 21,000 855,000
Change in value of equity securities 151,000 (53,000)
Other non-interest income 331,000 348,000
Total non-interest income 5,154,000 5,320,000
Non-interest expense:    
Employee compensation expense 8,414,000 7,844,000
Employee benefits 2,286,000 2,331,000
Occupancy 1,259,000 1,175,000
Equipment 743,000 932,000
Data processing expense 2,693,000 2,294,000
Professional fees 841,000 715,000
Taxes, other than income 574,000 502,000
FDIC Insurance premiums 310,000 232,000
Gain on other real estate owned (64,000) 0
Amortization of intangible assets 66,000 77,000
Amortization of investment in low income housing partnerships 799,000 799,000
Long-term debt prepayment penalty 691,000 524,000
Other non-interest expense 1,758,000 1,868,000
Total non-interest expense 20,370,000 19,293,000
Income before income taxes 6,888,000 5,552,000
Income tax provision (benefit) 284,000 (50,000)
Net income $ 6,604,000 $ 5,602,000
Earnings per share    
Basic $ 1.32 $ 1.10
Diluted $ 1.32 $ 1.10
Customer Service Fees [Member]    
Non-interest income:    
Non-interest income $ 1,355,000 $ 1,376,000
Debit Card fee Income [Member]    
Non-interest income:    
Non-interest income 1,755,000 1,465,000
Trust Fees [Member]    
Non-interest income:    
Non-interest income 445,000 408,000
Commissions from Sales of Non-Deposit Products [Member]    
Non-interest income:    
Non-interest income 368,000 306,000
Fees Derived From Loan Activity [Member]    
Non-interest income:    
Non-interest income 441,000 298,000
Mortgage Banking Income [Member]    
Non-interest income:    
Non-interest income $ 41,000 $ 54,000