| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Interest and Dividend Income | ||||||
Interest earned on loans | ||||||
5,103 | 4,771 | 4,040 | 3,698 | |||
Dividends on FHLB stock | ||||||
38 | 45 | 40 | 29 | |||
Other interest-earning deposits | ||||||
262 | 230 | 176 | 76 | |||
Total interest and dividend income | ||||||
5,403 | 5,046 | 4,256 | 3,803 | |||
Interest Expense | ||||||
Interest on deposits | ||||||
1,105 | 770 | 662 | 689 | |||
FHLB advances | ||||||
- | - | 1 | 33 | |||
Total interest expense | ||||||
1,105 | 770 | 663 | 722 | |||
Net Interest Income | ||||||
4,298 | 4,276 | 3,593 | 3,081 | |||
Provision for Loan Losses | ||||||
- | 99 | 102 | 83 | |||
Net Interest Income After Provision for Loan Losses | ||||||
4,298 | 4,177 | 3,491 | 2,998 | |||
Noninterest Income | ||||||
Net gains on loan sales | ||||||
2,386 | 1,496 | 1,930 | 2,131 | |||
Other service charges and fees | ||||||
314 | 186 | 195 | - | |||
Other service charges and fees | ||||||
- | - | - | 187 | |||
Death benefit proceeds in excess of cash surrender value of BOLI | ||||||
- | - | - | 940 | |||
Income from BOLI | ||||||
47 | 46 | 47 | 48 | |||
Other Income | ||||||
28 | 4 | - | - | |||
Total noninterest income | ||||||
2,775 | 1,732 | 2,172 | 3,306 | |||
Noninterest Expense | ||||||
Compensation and benefits | ||||||
4,292 | 3,433 | 3,295 | 2,463 | |||
Occupancy and equipment, net | ||||||
255 | 253 | 242 | 226 | |||
Data processing | ||||||
317 | 304 | 370 | 360 | |||
Legal and professional services | ||||||
359 | 388 | 218 | 189 | |||
FDIC premium expense | ||||||
16 | 37 | 27 | 57 | |||
Foreclosed real estate impairments and expenses, net | ||||||
21 | 14 | 9 | 32 | |||
Franchise and other taxes | ||||||
222 | 219 | 108 | 109 | |||
Advertising | ||||||
96 | 104 | 121 | 179 | |||
ATM processing expense | ||||||
85 | 83 | 85 | 81 | |||
FHLB advance prepayment penalty | ||||||
- | - | - | 121 | |||
Death benefit obligation expense | ||||||
- | - | - | 410 | |||
Charitable contribution expense | ||||||
6 | 9 | 511 | 13 | |||
Other expenses | ||||||
559 | 627 | 419 | 339 | |||
Total noninterest expense | ||||||
6,228 | 5,471 | 5,405 | 4,579 | |||
Income Before Income Taxes | ||||||
845 | 438 | 258 | 1,725 | |||
Income Taxes | ||||||
Provision for Income taxes | ||||||
395 | 278 | 157 | 148 | |||
Deferred | ||||||
-208 | -184 | -239 | 117 | |||
Total income taxes | ||||||
187 | 94 | -82 | 265 | |||
Net Income and Comprehensive Income | ||||||
- | - | 340 | 1,460 | |||
Net Income and Comprehensive Income | ||||||
658 | 344 | - | - | |||
Earnings per share - basic (in dollars per share) | ||||||
- | - | 0.51 | - | |||
Earnings per share - diluted (in dollars per share) | ||||||
- | - | 0.51 | - | |||
Weighted-average shares outstanding - basic (in shares) | ||||||
- | - | 666 | - | |||
Weighted-average shares outstanding - diluted (in shares) | ||||||
- | - | 666 | - | |||
Earnings per share - basic and diluted (in dollars per share) | ||||||
0.43 | 0.23 | - | - | |||
Weighted-average shares outstanding - basic and diluted (in shares) | ||||||
1,475 | 1,493 | - | - | |||