Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Interest income        
Loans $ 6,307 $ 5,594 $ 17,622 $ 16,515
Investment securities 230 284 740 848
Federal funds sold 3 132 55 227
Total interest income 6,540 6,010 18,417 17,590
Interest expense        
Deposits 728 1,041 2,502 2,831
Borrowed funds 341 357 1,073 1,129
Total interest expense 1,069 1,398 3,575 3,960
Net interest income 5,471 4,612 14,842 13,630
Provision for loan losses 250 0 950 0
Net interest income after provision for loan losses 5,221 4,612 13,892 13,630
Noninterest income        
Service charges and fees 535 557 1,502 1,556
Mortgage banking income, net 2,859 1,784 6,517 3,767
Gain on sale of asset held for sale 1 0 1 0
Gain on sale of investment securities 0 0 12 101
Gain on sale of Small Business Administration loans 0 18 86 246
Other 86 107 238 262
Total noninterest income 3,481 2,466 8,356 5,932
Noninterest expense        
Salaries and benefits 3,644 2,841 9,278 9,478
Occupancy 326 338 965 1,010
Equipment 225 208 640 644
Supplies 50 73 141 156
Professional and outside services 835 735 2,276 2,298
Advertising and marketing 90 82 261 204
Foreclosed assets, net 4 6 (152) 13
FDIC insurance premium 47 0 167 158
Other operating expense 534 605 1,588 1,609
Total noninterest expense 5,755 4,888 15,164 15,570
Income before income tax expense 2,947 2,190 7,084 3,992
Income tax expense 678 463 1,582 819
Net income $ 2,269 $ 1,727 $ 5,502 $ 3,173
Earnings per share, basic $ 1.55 $ 1.19 $ 3.78 $ 2.20
Earnings per share, diluted $ 1.55 $ 1.19 $ 3.78 $ 2.20