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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest and Dividend Income:    
Interest and fees on loans $ 18,788 $ 22,273
Interest and dividends on securities:    
Taxable 2,239 1,632
Tax-exempt 90 103
Dividends 113 119
Other interest income 177 77
Total interest and dividend income 21,407 24,204
Interest Expense:    
Interest on deposits 569 1,287
Interest on short-term borrowings 6 11
Interest on long-term borrowings 379 483
Total interest expense 954 1,781
Net Interest Income 20,453 22,423
(Recovery of) provision for loan losses (758) (0)
Net Interest Income After Recovery of Loan Losses 21,211 22,423
Noninterest Income:    
Income from Small Business Investment Companies 493 428
Income from insurance investments 447 788
Gains (losses) on premises and equipment, net 4 (49)
Other 238 252
Total noninterest income 5,600 5,922
Noninterest Expense:    
Salaries and employee benefits 8,598 7,518
Occupancy and equipment 1,542 1,533
FDIC assessment 239 224
Bank franchise tax 476 438
Core deposit intangible amortization 330 381
Data processing 847 778
Software 363 329
Other real estate owned, net (1) 117
Other 2,955 2,747
Total noninterest expense 15,349 14,065
Income Before Income Taxes 11,462 14,280
Income Taxes 2,463 2,991
Net Income $ 8,999 $ 11,289
Net Income Per Common Share:    
Basic (in dollars per share) $ 0.84 $ 1.03
Diluted (in dollars per share) $ 0.84 $ 1.03
Weighted Average Common Shares Outstanding:    
Basic (in shares) 10,754,287 10,971,466
Diluted (in shares) 10,756,902 10,976,177
Asset Management [Member]    
Noninterest Income:    
Noninterest Income $ 1,809 $ 1,424
Deposit Account [Member]    
Noninterest Income:    
Noninterest Income 689 622
Interchange Service [Member]    
Noninterest Income:    
Noninterest Income 981 889
Financial Service, Other [Member]    
Noninterest Income:    
Noninterest Income 266 250
Mortgage Banking [Member]    
Noninterest Income:    
Noninterest Income $ 673 $ 1,318