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Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest and dividend income        
Interest and fees on loans $ 9,851,000 $ 8,384,000 $ 19,055,000 $ 16,375,000
Interest and dividends on investment securities:        
Taxable 1,766,000 1,368,000 3,593,000 2,832,000
Tax-exempt 805,000 441,000 1,586,000 882,000
Short-term investments 46,000 79,000 64,000 144,000
Total interest and dividend income 12,468,000 10,272,000 24,298,000 20,233,000
Interest expense        
Interest on deposits 1,484,000 1,191,000 2,810,000 2,330,000
Interest on short-term borrowings 189,000 25,000 361,000 91,000
Interest on long-term debt 77,000 105,000 172,000 211,000
Total interest expense 1,750,000 1,321,000 3,343,000 2,632,000
Net interest income 10,718,000 8,951,000 20,955,000 17,601,000
Provision for loan losses 100,000 0 100,000 0
Net interest income after provision for loan losses 10,618,000 8,951,000 20,855,000 17,601,000
Noninterest income        
Service charges on deposit accounts 1,429,000 1,372,000 2,787,000 2,675,000
Other service charges, commissions and fees 283,000 289,000 492,000 449,000
Trust and investment management income 1,623,000 1,188,000 3,069,000 2,524,000
Brokerage income 518,000 577,000 985,000 1,026,000
Mortgage banking activities 813,000 727,000 1,316,000 1,369,000
Earnings on life insurance 271,000 270,000 539,000 538,000
Other income 32,000 114,000 113,000 201,000
Investment securities gains 654,000 0 657,000 1,420,000
Total noninterest income 5,623,000 4,537,000 9,958,000 10,202,000
Noninterest expenses        
Salaries and employee benefits 7,422,000 6,312,000 14,822,000 12,495,000
Occupancy expense 705,000 592,000 1,462,000 1,118,000
Furniture and equipment 826,000 748,000 1,562,000 1,534,000
Data processing 664,000 519,000 1,175,000 1,154,000
Telephone and communication 193,000 190,000 315,000 366,000
Automated teller and interchange fees 194,000 237,000 372,000 398,000
Advertising and bank promotions 391,000 355,000 778,000 811,000
FDIC insurance 178,000 223,000 315,000 455,000
Legal fees 108,000 225,000 261,000 406,000
Other professional services 377,000 345,000 732,000 684,000
Directors' compensation 249,000 257,000 491,000 488,000
Collection and problem loan 3,000 96,000 78,000 148,000
Real estate owned (12,000) 58,000 8,000 101,000
Taxes other than income 220,000 253,000 448,000 408,000
Regulatory settlement 0 1,000,000 0 1,000,000
Other operating expenses 899,000 1,148,000 1,744,000 2,113,000
Total noninterest expenses 12,417,000 12,558,000 24,563,000 23,679,000
Income before income tax expense 3,824,000 930,000 6,250,000 4,124,000
Income tax expense 516,000 252,000 940,000 866,000
Net income $ 3,308,000 $ 678,000 $ 5,310,000 $ 3,258,000
Per share information:        
Basic earnings per share (usd per share) $ 0.41 $ 0.08 $ 0.66 $ 0.40
Diluted earnings per share (usd per share) 0.40 0.08 0.65 0.40
Dividends per share (usd per share) $ 0.10 $ 0.09 $ 0.2 $ 0.17