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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest income        
Loans, including fees $ 9,188 $ 9,680 $ 18,569 $ 19,848
Interest and dividends on investments:        
Taxable interest 1,755 1,048 3,377 2,110
Tax exempt interest 530 352 1,062 524
Dividend income 12 3 15 9
Interesting-bearing deposits in other banks 58 82 112 340
Total interest income 11,543 11,165 23,135 22,831
Interest expense        
Deposits 457 833 943 2,246
Subordinate notes 263   525  
Total interest expense 720 833 1,468 2,246
Net interest income 10,823 10,332 21,667 20,585
(Recovery of) provision for loan losses (1,100) 1,975 (1,900) 4,975
Net interest income after provision for loan losses 11,923 8,357 23,567 15,610
Noninterest income        
Investment and trust services fees 1,905 1,590 3,542 3,035
Loan service charges 227 274 423 414
Gain on sale of loans 555 228 1,337 372
Deposit service charges and fees 470 397 938 962
Other service charges and fees 420 336 816 683
Debit card income 576 438 1,093 857
Increase in cash surrender value of life insurance 112 112 227 236
Bank owned life insurance gain       812
Gains (losses) on sales of debt securities 91   91 (10)
Change in fair value of equity securities 38 27 91 (100)
Other 95 10 158 40
Total noninterest income 4,489 3,412 8,716 7,301
Noninterest Expense        
Salaries and employee benefits 6,245 5,382 11,903 10,916
Net occupancy 856 865 1,766 1,695
Marketing and advertising 396 464 740 919
Legal and professional 498 430 973 825
Data processing 888 834 1,817 1,641
Pennsylvania bank shares tax 308 263 400 438
FDIC Insurance   88    
FDIC Insurance 179   382 148
ATM/debit card processing 329 279 625 543
Telecommunications 83 108 213 213
Nonservice pension 189 88 395 176
Other 140 843 1,063 1,659
Total noninterest expense 10,111 9,644 20,277 19,173
Income before federal income taxes 6,301 2,125 12,006 3,738
Federal income tax expense 1,030 (942) 1,905 (1,048)
Net income $ 5,271 $ 3,067 $ 10,101 $ 4,786
Per share        
Basic earnings per share $ 1.19 $ 0.71 $ 2.29 $ 1.10
Diluted earnings per share $ 1.19 $ 0.71 $ 2.28 $ 1.10