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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income        
Loans, including fees $ 5,111 $ 4,592 $ 14,735 $ 13,157
Securities:        
Taxable 736 651 2,134 1,935
Tax exempt 374 355 1,097 1,068
Other 40 26 109 50
Total interest income 6,261 5,624 18,075 16,210
Interest expense        
Deposits 619 320 1,428 860
Advances from Federal Home Loan Bank 63 62 165 169
Other 8 3 34 10
Total interest expense 690 385 1,627 1,039
Net interest income 5,571 5,239 16,448 15,171
Provision for loan losses   95 35 120
Net interest income after provision for loan losses 5,571 5,144 16,413 15,051
Noninterest income        
Customer service charges 1,165 1,058 3,340 3,081
Insurance and investment commissions 97 260 231 760
Gains on sales of loans 223 355 772 920
Gains on sales of securities   51 25 177
Gains on sales of other assets 61 17 69 21
Earnings on life insurance policies 97 101 289 299
Change in market value of equity securities 113   161  
Other 96 141 334 399
Total noninterest income 1,852 1,983 5,221 5,657
Noninterest expense        
Salaries and benefits 2,780 2,619 8,308 7,725
Occupancy and equipment 661 702 2,005 2,099
Data processing 555 551 1,644 1,681
Professional fees 310 287 838 778
Supplies and postage 84 102 297 293
Advertising and promotional 58 58 235 185
Other 611 472 1,810 1,478
Total noninterest expense 5,059 4,791 15,137 14,239
Income before income tax 2,364 2,336 6,497 6,470
Income tax expense 350 616 992 1,668
Net income $ 2,014 $ 1,720 $ 5,505 $ 4,801
Basic earnings per share (Note 4) (in dollars per share) [1] $ 0.55 $ 0.47 $ 1.52 $ 1.33
Diluted earnings per share (Note 4) (in dollars per share) [1] 0.55 0.46 1.52 1.32
Dividends declared per share (in dollars per share) [1] $ 0.18 $ 0.16 $ 0.53 $ 0.48
[1] Amounts have been adjusted for two 5% stock dividends issued on May 31, 2017 and May 31, 2018.