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Consolidated Statement of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
INTEREST AND DIVIDEND INCOME:      
Interest and fees on loans $ 50,458 $ 42,127 $ 35,844
Interest-bearing deposits with banks 319 186 221
Investment securities:      
Taxable 3,790 3,095 3,687
Nontaxable 1,744 2,414 2,970
Dividends 447 271 283
TOTAL INTEREST AND DIVIDEND INCOME 56,758 48,093 43,005
INTEREST EXPENSE:      
Deposits 6,910 4,625 4,247
Borrowed funds 2,664 1,214 794
TOTAL INTEREST EXPENSE 9,574 5,839 5,041
NET INTEREST INCOME 47,184 42,254 37,964
Provision for loan losses 1,925 2,540 1,520
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 45,259 39,714 36,444
NON-INTEREST INCOME:      
Revenue from customers 6,512    
Available for sale security gains (losses), net (19) 1,035 255
Gains on loans sold 382 578 449
Earnings on bank owned life insurance 622 660 688
Other 588 537 587
TOTAL NON-INTEREST INCOME 7,735 8,656 7,899
NON-INTEREST EXPENSES:      
Salaries and employee benefits 19,094 17,655 16,533
Occupancy 2,126 1,988 1,900
Furniture and equipment 536 603 644
Professional and legal fees 1,925 1,299 1,200
Federal depository insurance 417 385 572
Pennsylvania shares tax 835 705 690
Amortization of intangibles 296 297 327
Merger and acquisition 0 165 0
ORE expenses 158 395 283
Other 6,170 5,822 6,522
TOTAL NON-INTEREST EXPENSES 31,557 29,314 28,671
Income before provision for income taxes 21,437 19,056 15,672
Provision for income taxes 3,403 6,031 3,034
NET INCOME $ 18,034 $ 13,025 $ 12,638
PER COMMON SHARE DATA:      
NET INCOME - BASIC (in dollars per share) $ 5.14 $ 3.70 $ 3.57
NET INCOME - DILUTED (in dollars per share) 5.14 3.70 3.57
CASH DIVIDENDS PER SHARE (in dollars per share) $ 1.74 $ 1.65 $ 1.57
Number of shares used in computation - basic (in shares) 3,505,218 3,515,638 3,541,769
Number of shares used in computation - diluted (in shares) 3,507,206 3,517,362 3,543,325
Service Charges [Member]      
NON-INTEREST INCOME:      
Revenue from customers $ 4,667 $ 4,456 $ 4,461
Trust [Member]      
NON-INTEREST INCOME:      
Revenue from customers 705 755 693
Brokerage and Insurance [Member]      
NON-INTEREST INCOME:      
Revenue from customers $ 790 $ 635 $ 766