XML 14 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Interim Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income    
Loans, including fees $ 12,891 $ 11,296
AFS securities    
Taxable 1,958 2,122
Nontaxable 1,253 1,382
Federal funds sold and other 379 321
Total interest income 16,481 15,121
Interest expense    
Deposits 2,718 2,046
Borrowings 1,574 1,355
Total interest expense 4,292 3,401
Net interest income 12,189 11,720
Provision for loan losses 34 384
Net interest income after provision for loan losses 12,155 11,336
Noninterest Income, Service Charges and Fees 1,461 1,488
Noninterest income    
Net gain on sale of mortgage loans 93 81
Earnings on corporate owned life insurance policies 173 170
Other 752 748
Total noninterest income 2,479 2,487
Noninterest expenses    
Compensation and benefits 5,722 5,494
Furniture and equipment 1,494 1,449
Occupancy 930 824
Other 2,643 2,329
Total noninterest expenses 10,789 10,096
Income before federal income tax expense 3,845 3,727
Federal Income Tax Expense (Benefit), Continuing Operations 349 265
NET INCOME $ 3,496 $ 3,462
Earnings per share    
Basic (in dollars per share) $ 0.44 $ 0.44
Diluted (in dollars per share) 0.43 0.43
Cash dividends per basic share (in dollars per share) $ 0.26 $ 0.26