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QUARTERLY RESULTS OF OPERATIONS | 12 Months Ended
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Dec. 31, 2017
Quarterly Results of Operations [Abstract] |
QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) | QUARTERLY RESULTS OF OPERATIONS (UNAUDITED) Selected quarterly information for the years ended December 31, 2017 and 2016, is as follows:
Dollars in thousands, except per share data | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
2017 |  |  |  |  |  |  |
Interest income | $ | 10,533 |  |  | $ | 10,962 |  |  | $ | 15,109 |  |  | $ | 15,181 |
Interest expense | 1,067 |  |  | 1,131 |  |  | 1,547 |  |  | 1,688 |
Net interest income | 9,466 |  |  | 9,831 |  |  | 13,562 |  |  | 13,493 |
Provision for loan losses | — |  |  | — |  |  | — |  |  | — |
Net interest income after provision for loan losses | 9,466 |  |  | 9,831 |  |  | 13,562 |  |  | 13,493 |
Net gains on sales of securities | — |  |  | — |  |  | — |  |  | — |
Gain on sales of premises and equipment | — |  |  | — |  |  | — |  |  | — |
Other income | 3,082 |  |  | 3,528 |  |  | 3,930 |  |  | 3,609 |
Merger related expenses | 162 |  |  | 208 |  |  | 4,305 |  |  | 53 |
Other expenses and provision for income taxes | 9,749 |  |  | 10,429 |  |  | 11,275 |  |  | 14,532 |
Net income | $ | 2,637 |  |  | $ | 2,722 |  |  | $ | 1,912 |  |  | $ | 2,517 |
Basic earnings per share | $ | 0.43 |  |  | $ | 0.45 |  |  | $ | 0.27 |  |  | $ | 0.35 |
Dividends per share | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |
2016 |  |  |  |  |  |  |
Interest income | $ | 9,964 |  |  | $ | 10,010 |  |  | $ | 10,181 |  |  | $ | 10,345 |
Interest expense | 957 |  |  | 980 |  |  | 996 |  |  | 1,001 |
Net interest income | 9,007 |  |  | 9,030 |  |  | 9,185 |  |  | 9,344 |
Provision for loan losses | — |  |  | — |  |  | — |  |  | — |
Net interest income after provision for loan losses | 9,007 |  |  | 9,030 |  |  | 9,185 |  |  | 9,344 |
Net gains on sales of securities | — |  |  | — |  |  | — |  |  | 26 |
Gain on sales of premises and equipment | — |  |  | 449 |  |  | — |  |  | — |
Other income | 2,872 |  |  | 3,362 |  |  | 3,301 |  |  | 3,198 |
Proposed merger expenses | — |  |  | — |  |  | — |  |  | 472 |
Other expenses and provision for income taxes | 9,332 |  |  | 9,859 |  |  | 9,718 |  |  | 9,524 |
Net income | $ | 2,547 |  |  | $ | 2,982 |  |  | $ | 2,768 |  |  | $ | 2,572 |
Basic earnings per share | $ | 0.42 |  |  | $ | 0.49 |  |  | $ | 0.46 |  |  | $ | 0.43 |
Dividends per share | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |  |  | $ | 0.20 |

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- Definition Quarterly Results of Operations [Abstract] + References No definition available. + Details
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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