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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Interest income:    
Loans, including fees $ 24,925 $ 20,241
Securities - Taxable 7,208 6,576
Securities - Tax-exempt 1,568 1,716
Federal funds sold and interest bearing bank deposits 673 1,012
Total interest income 34,374 29,545
Interest expense:    
Deposits 7,974 2,319
Short-term borrowings 72 60
Total interest expense 8,046 2,379
Net interest income 26,328 27,166
Provision for credit losses 135 1,000
Net interest income after provision for credit losses 26,193 26,166
Noninterest income:    
Service charge on deposit accounts 603 598
Mortgage lending 430 650
Bank-owned life insurance income 411 317
Gain on sale of premises and equipment   3,234
Other noninterest income 1,870 1,695
Securities losses, net (6,295) 12
Total noninterest income (2,981) 6,506
Noninterest expense:    
Salaries and benefits 12,101 12,307
Employee Retention Tax Credit 0 (1,569)
Net occupancy and equipment 2,954 2,742
Professional fees 1,299 975
FDIC and other regulatory assessments 631 404
Other noninterest expense 5,609 4,964
Total noninterest expense 22,594 19,823
Earnings before income taxes 618 12,849
Income tax expense (777) 2,503
Net earnings $ 1,395 $ 10,346
Net earnings per share:    
Basic and diluted earnings per share $ 0.40 $ 2.95
Weighted average shares outstanding:    
Basic and diluted weighted average shares outstanding 3,498,030 3,510,869