| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
INTEREST INCOME | ||||||
Loans, including fees | ||||||
6,131 | 5,801 | 5,367 | ||||
Investment securities: | ||||||
Mortgage-backed securities | ||||||
555 | 448 | 486 | ||||
Municipal tax exempt | ||||||
719 | 473 | 214 | ||||
Other debt securities | ||||||
275 | 278 | 307 | ||||
Federal Home Loan Bank dividends | ||||||
42 | 40 | 33 | ||||
Interest-bearing deposits with banks and time deposits | ||||||
278 | 236 | 71 | ||||
Total interest income | ||||||
8,000 | 7,276 | 6,478 | ||||
INTEREST EXPENSE | ||||||
Deposits | ||||||
835 | 714 | 655 | ||||
Borrowings | ||||||
90 | 15 | - | ||||
Total interest expense | ||||||
925 | 729 | 655 | ||||
Net interest income | ||||||
7,075 | 6,547 | 5,823 | ||||
Provision for loan losses (recapture) | ||||||
12 | -200 | - | ||||
Provision for loan losses | ||||||
- | - | -700 | ||||
Net interest income after provision for loan losses | ||||||
7,063 | 6,747 | 6,523 | ||||
NONINTEREST INCOME | ||||||
Fees and commission | ||||||
720 | 761 | - | ||||
Net gain on sales of securities available for sale | ||||||
7 | - | 39 | ||||
Increase in cash value of life insurance | ||||||
72 | 73 | 74 | ||||
Other income | ||||||
33 | 42 | 42 | ||||
Total noninterest income | ||||||
803 | 840 | 884 | ||||
NONINTEREST EXPENSE | ||||||
Compensation and benefits | ||||||
3,228 | 3,043 | 2,717 | ||||
Occupancy and equipment | ||||||
456 | 437 | 510 | ||||
Data processing | ||||||
1,182 | 907 | 711 | ||||
Professional fees | ||||||
676 | 478 | 356 | ||||
Net loss on foreclosed real estate | ||||||
0 | -17 | -30 | ||||
Impairment loss on real estate held for sale | ||||||
104 | 31 | 55 | ||||
Directors' compensation | ||||||
295 | 172 | 151 | ||||
Stockholder meeting expense | ||||||
115 | 18 | - | ||||
Debit and credit card expense | ||||||
- | - | 88 | ||||
Supervisory examinations | ||||||
71 | 76 | 72 | ||||
Deposit insurance premiums | ||||||
33 | 54 | 52 | ||||
Other expenses | ||||||
661 | 646 | 510 | ||||
Total noninterest expense | ||||||
6,821 | 5,879 | 5,252 | ||||
Income before income taxes | ||||||
1,045 | 1,708 | 2,155 | ||||
Income tax expense | ||||||
85 | 295 | 982 | ||||
Net Income | ||||||
960 | 1,413 | 1,173 | ||||
Earnings per common share: | ||||||
Basic | ||||||
0.29 | 0.41 | 0.34 | ||||
Diluted | ||||||
0.29 | 0.41 | 0.34 | ||||
Deposit account service charges | ||||||
Fees and commission | ||||||
311 | 371 | 407 | ||||
ATM and debit card fee income | ||||||
Fees and commission | ||||||
380 | 354 | 322 | ||||