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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest and fees on loans:    
Taxable $ 17,509 $ 15,541
Tax-exempt 870 726
Interest and dividends on investment securities:    
Taxable 858 697
Tax-exempt 701 794
Dividends 16 12
Interest on interest-bearing deposits in other banks 40 29
Total interest income 19,994 17,799
Interest expense:    
Interest on deposits 1,834 1,434
Interest on short-term borrowings 667 174
Interest on long-term debt 306 348
Total interest expense 2,807 1,956
Net interest income 17,187 15,843
Provision for loan losses 1,050 1,200
Net interest income after provision for loan losses 16,137 14,643
Noninterest income:    
Service charges, fees and commissions 2,088 1,572
Merchant services income 250 1,015
Commission and fees on fiduciary activities 497 508
Wealth management income 411 319
Mortgage banking income 147 179
Life insurance investment income 187 189
Net loss on investment securities (8)  
Total noninterest income 3,572 3,782
Noninterest expense:    
Salaries and employee benefits expense 6,955 6,275
Net occupancy and equipment expense 2,814 2,394
Merchant services expense 2 730
Amortization of intangible assets 230 268
Professional fees and outside services 623 529
FDIC insurance and assessments 286 127
Donations 313 272
Other expenses 1,858 1,761
Total noninterest expense 13,081 12,356
Income before income taxes 6,628 6,069
Income tax expense 774 1,269
Net income 5,854 4,800
Other comprehensive loss:    
Unrealized loss on investment securities available-for-sale (2,376) 273
Other comprehensive loss (2,376) 273
Income tax (benefit) expense (501) 96
Other comprehensive (loss) income, net of income taxes (1,875) 177
Comprehensive income $ 3,979 $ 4,977
Net income:    
Basic $ 0.79 $ 0.65
Diluted $ 0.79 $ 0.65
Average common shares outstanding:    
Basic 7,396,505 7,394,143
Diluted 7,396,505 7,394,143
Dividends declared $ 0.32 $ 0.31