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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
INTEREST AND DIVIDEND INCOME    
Loans, including fees $ 7,969 $ 5,777
Taxable securities 2,012 1,281
Nontaxable securities 101 110
Other 545 74
Total interest and dividend income 10,627 7,242
INTEREST EXPENSE    
Deposits 1,584 349
Short-term borrowings 66 12
Other borrowings 12 16
Total interest expense 1,662 377
NET INTEREST INCOME 8,965 6,865
Provision (recovery) for credit loss expense - loans 32 (300)
Provision (recovery) for credit loss expense - off-balance sheet commitments (63)  
Total (recovery) provision for credit loss expense (31) (300)
NET INTEREST INCOME AFTER CREDIT LOSS EXPENSE 8,996 7,165
NONINTEREST INCOME    
Gain on sale of loans, net 3 118
Earnings on bank owned life insurance 169 166
Unrealized gain or (loss) on equity securities, net 9 1
Other income 199 178
Total noninterest income 1,628 1,642
NONINTEREST EXPENSE    
Salaries and employee benefits 3,294 3,155
Occupancy expense 282 272
Equipment expense 207 214
Professional and director fees 321 276
Financial institutions and franchise tax expense 192 195
Marketing and public relations 123 111
Software expense 399 333
Debit card expense 146 164
FDIC insurance expense 71 83
Provision for unfunded loan commitments   13
Other expenses 684 652
Total noninterest expense 5,719 5,468
Income before income taxes 4,905 3,339
FEDERAL INCOME TAX PROVISION 971 638
NET INCOME $ 3,934 $ 2,701
Basic net earnings per share $ 1.46 $ 0.99
Diluted net earnings per share $ 1.46 $ 0.99
Deposit Account [Member]    
NONINTEREST INCOME    
Noninterest income $ 292 $ 265
Fiduciary and Trust [Member]    
NONINTEREST INCOME    
Noninterest income 258 264
Debit Card [Member]    
NONINTEREST INCOME    
Noninterest income 521 495
Credit Card [Member]    
NONINTEREST INCOME    
Noninterest income $ 177 $ 155