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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
INTEREST INCOME:        
Interest and fees on loans $ 10,423 $ 8,112 $ 31,287 $ 24,208
Interest on deposits in other banks 53 71 204 210
Interest and dividends on investment securities:        
Taxable 1,818 1,500 4,564 4,486
Exempt from Federal income taxes 1,531 1,582 5,428 4,680
Total interest income 13,825 11,265 41,483 33,584
INTEREST EXPENSE:        
Interest on deposits 200 240 690 690
Interest on junior subordinated deferrable interest debentures 39 30 108 88
Other 8 0 13 0
Total interest expense 247 270 811 778
Net interest income before provision for credit losses 13,578 10,995 40,672 32,806
(REVERSAL OF) PROVISION FOR CREDIT LOSSES (900) (1,000) (1,150) (5,850)
Net interest income after provision for credit losses 14,478 11,995 41,822 38,656
NON-INTEREST INCOME:        
Service charges 825 743 2,452 2,227
Appreciation in cash surrender value of bank-owned life insurance 150 131 450 411
Interchange fees 378 312 1,075 904
Net realized gains on sales of investment securities 169 286 2,808 1,836
Other-than-temporary impairment loss on investment securities 0 0 0 (136)
Federal Home Loan Bank dividends 98 110 322 314
Loan placement fees 279 347 526 792
Other income 655 206 1,263 1,005
Total non-interest income 2,554 2,135 8,896 7,353
NON-INTEREST EXPENSES:        
Salaries and employee benefits 5,989 5,608 17,865 16,304
Occupancy and equipment 1,286 1,124 3,676 3,511
Professional services 258 346 1,104 971
Data processing 407 390 1,250 1,145
Regulatory assessments 161 134 482 469
ATM/Debit card expenses 216 159 553 469
License and maintenance contracts 188 125 590 388
Directors’ expenses 135 163 492 474
Advertising 154 131 484 444
Internet banking expense 181 170 523 497
Acquisition and integration 163 363 618 515
Amortization of core deposit intangibles 47 34 141 102
Other 1,209 908 3,519 2,719
Total non-interest expenses 10,394 9,655 31,297 28,008
Income before provision for income taxes 6,638 4,475 19,421 18,001
Provision for income taxes 2,144 1,361 5,730 5,426
Net income $ 4,494 $ 3,114 $ 13,691 $ 12,575
Earnings per common share:        
Basic earnings per common share (in dollars per share) $ 0.37 $ 0.28 $ 1.12 $ 1.15
Weighted average common shares used in basic computation (in shares) 12,208,313 10,984,141 12,183,363 10,969,633
Diluted earnings per common share (in dollars per share) $ 0.36 $ 0.28 $ 1.11 $ 1.14
Weighted average common shares used in diluted computation (in shares) 12,325,254 11,092,674 12,315,850 11,068,045
Cash dividend per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.18 $ 0.18