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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Interest income:    
Loans, including fees $ 22,055 $ 22,930
Securities - Taxable 3,932 4,000
Securities - Tax-exempt 1,851 2,099
Federal funds sold and interest bearing bank deposits 356 1,218
Total interest income 28,194 30,247
Interest expense:    
Deposits 3,847 4,176
Short-term borrowings 9 7
Total interest expense 3,856 4,183
Net interest income 24,338 26,064
Provision for loan losses 1,100 (250)
Net interest income after provision for loan losses 23,238 26,314
Noninterest income:    
Service charge on deposit accounts 585 717
Mortgage lending 2,319 866
Bank-owned life insurance income 724 437
Gain From Loan Guarantee Program   1,717
Other noninterest income 1,644 1,880
Securities losses, net 103 (123)
Total noninterest income 5,375 5,494
Noninterest expense:    
Salaries and benefits 11,316 11,931
Net occupancy and equipment 2,511 1,907
Professional fees 1,052 1,014
FDIC and other regulatory assessments 256 181
Other noninterest expense 4,419 4,664
Total noninterest expense 19,554 19,697
Earnings before income taxes 9,059 12,111
Income tax expense 1,605 2,370
Net earnings $ 7,454 $ 9,741
Net earnings per share:    
Basic and diluted earnings per share $ 2.09 $ 2.72
Weighted average shares outstanding:    
Basic and diluted weighted average shares outstanding 3,566,207 3,581,476