XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest Income    
Loans, including fees $ 10,102 $ 8,700
Debt securities:    
U.S. Treasury and government agencies 623 642
Municipalities 281 315
Dividends 55 42
Federal funds sold 15  
Other 60 22
Total interest income 11,136 9,721
Interest Expense    
Deposits 1,319 1,030
Federal funds purchased and securities sold under agreements to repurchase 124 113
Borrowed funds 20 36
Total interest expense 1,463 1,179
Net Interest Income - Before Provision for Loan Losses 9,673 8,542
Provision for Loan Losses 40 73
Net Interest Income After Provision For Loan Losses 9,633 8,469
Noninterest Income    
Customer service fees 1,466 1,481
Other service charges and fees 1,012 871
Net gain on sale of loans 132 201
Net gain on sale of available-for-salesecurities   31
Total noninterest income 2,610 2,584
Noninterest Expense    
Salaries and wages 3,310 3,001
Employee benefits 1,136 922
Net occupancy expense 387 413
Furniture and equipment 507 472
Data processing 331 311
ATM expense 312 305
Advertising 186 175
Franchise taxes 239 225
Net loss on sale of other assets owned 17  
FDIC assessment 87 83
Mortgage servicing rights amortization 85 84
Other general and administrative 1,043 1,080
Total noninterest expense 7,640 7,071
Income Before Income Taxes 4,603 3,982
Income Taxes 836 1,143
Net Income $ 3,767 $ 2,839
Net Income Per Share [1] $ 0.41 $ 0.31
Dividends Declared [1] $ 0.13 $ 0.12
[1] Share data has been adjusted to reflect a 2-for-1 stock split on September 20, 2017