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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
INTEREST INCOME    
Loans $ 15,724 $ 17,066
Interest-bearing deposits at banks 70 16
Securities:    
Taxable 1,677 832
Non-taxable 46 56
Total interest income 17,517 17,970
INTEREST EXPENSE    
Deposits 568 886
Other borrowings 47 88
Subordinated debt 401 399
Total interest expense 1,016 1,373
NET INTEREST INCOME 16,501 16,597
PROVISION FOR LOAN LOSSES 221 313
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 16,280 16,284
NON-INTEREST INCOME    
Deposit service charges 692 572
Insurance service and fees 2,299 2,502
Bank-owned life insurance 154 163
Interchange fee income 492 490
Other 794 839
Total non-interest income 4,431 4,566
NON-INTEREST EXPENSE    
Salaries and employee benefits 9,470 9,044
Occupancy 1,180 1,187
Advertising and public relations 179 263
Professional services 872 959
Technology and communications 1,174 1,264
Amortization of intangibles 100 135
FDIC insurance 270 300
Other 1,215 1,213
Total non-interest expense 14,460 14,365
INCOME BEFORE INCOME TAXES 6,251 6,485
INCOME TAX PROVISION 1,503 1,633
NET INCOME $ 4,748 $ 4,852
Net income per common share-basic $ 0.86 $ 0.89
Net income per common share-diluted $ 0.86 $ 0.89
Weighted average number of common shares outstanding 5,494,782 5,421,837
Weighted average number of diluted shares outstanding 5,547,548 5,463,674