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Interim Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income    
Loans, including fees $ 11,296 $ 10,120
AFS securities    
Taxable 2,122 2,113
Nontaxable 1,382 1,415
Federal funds sold and other 321 213
Total interest income 15,121 13,861
Interest expense    
Deposits 2,046 1,540
Borrowings 1,355 1,291
Total interest expense 3,401 2,831
Net interest income 11,720 11,030
Provision for loan losses 384 27
Net interest income after provision for loan losses 11,336 11,003
Noninterest income    
Service charges and fees 1,488 1,530
Net gain on sale of mortgage loans 81 155
Earnings on corporate owned life insurance policies 170 180
Other 748 751
Total noninterest income 2,487 2,616
Noninterest expenses    
Compensation and benefits 5,494 5,557
Furniture and equipment 1,479 1,344
Occupancy 824 837
Other 2,299 2,213
Total noninterest expenses 10,096 9,951
Income before federal income tax expense 3,727 3,668
Federal Income Tax Expense (Benefit), Continuing Operations 265 532
NET INCOME $ 3,462 $ 3,136
Earnings per share    
Basic (in dollars per share) $ 0.44 $ 0.40
Diluted (in dollars per share) 0.43 0.39
Cash dividends per basic share (in dollars per share) $ 0.26 $ 0.25