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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Unaudited condensed financial data by quarter
Unaudited condensed financial data by quarter for the years ended December 31, 2019 and 2018 is as follows (dollars, except per share data, in thousands):
 
 
Quarter ended
 
3/31/2019
 
6/30/2019
 
9/30/2019
 
12/31/2019
Interest Income
$
9,031

 
$
9,128

 
$
9,641

 
$
9,134

Interest Expense
1,774

 
2,009

 
2,291

 
2,237

Net Interest Income
7,257

 
7,119

 
7,350

 
6,897

Provision for Loan Losses
100

 

 
75

 
200

Net Interest Income After Provision for Loan Losses
7,157

 
7,119

 
7,275

 
6,697

Non-interest Income
2,196

 
2,492

 
2,408

 
2,000

Non-interest Expense
6,744

 
7,241

 
6,989

 
6,896

Income Before Income Tax
2,609

 
2,370

 
2,694

 
1,801

Provision for Income Taxes
520

 
486

 
475

 
199

Net Income
$
2,089

 
$
1,884

 
$
2,219

 
$
1,602

Basic Net Income Per Common Share
$
0.71

 
$
0.64

 
$
0.75

 
$
0.54

Diluted Net Income Per Common Share
$
0.67

 
$
0.61

 
$
0.71

 
$
0.51

Basic Weighted Average Shares Outstanding
2,954,515

 
2,955,650

 
2,956,156

 
2,956,600

Diluted Weighted Average Shares Outstanding
3,256,715

 
3,257,850

 
3,258,356

 
3,258,800


 
Quarter ended
 
3/31/2018
 
6/30/2018
 
9/30/2018
 
12/31/2018
Interest Income
$
7,774

 
$
8,029

 
$
8,507

 
$
8,763

Interest Expense
1,169

 
1,286

 
1,430

 
1,565

Net Interest Income
6,605

 
6,743

 
7,077

 
7,198

Provision For Loan Losses

 

 
150

 
775

Net Interest Income After Provision for Loan Losses
6,605

 
6,743

 
6,927

 
6,423

Non-interest Income
2,044

 
1,744

 
2,070

 
1,811

Non-interest Expense
6,519

 
6,240

 
6,418

 
6,413

Income Before Income Tax
2,130

 
2,247

 
2,579

 
1,821

Provision for Income Taxes
400

 
427

 
471

 
271

Net Income
$
1,730

 
$
1,820

 
$
2,108

 
$
1,550

Basic Net Income Per Common Share
$
0.59

 
$
0.62

 
$
0.71

 
$
0.52

Diluted Net Income Per Common Share
$
0.56

 
$
0.59

 
$
0.68

 
$
0.50

Basic Weighted Average Shares Outstanding
2,953,180

 
2,953,412

 
2,953,424

 
2,953,763

Diluted Weighted Average Shares Outstanding
3,257,532

 
3,257,017

 
3,256,624

 
3,256,963