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Consolidated Statement of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Core Deposits [Member]        
NONINTEREST EXPENSE        
Core deposit intangible amortization $ 10 $ 10 $ 20 $ 20
Interest and fees on loans 6,317 5,842 12,490 11,685
Interest-bearing deposits in other institutions 15 12 27 20
Federal funds sold 5 5 9 8
Taxable interest 290 379 630 774
Tax-exempt interest 750 805 1,540 1,564
Dividends on stock 28 23 57 50
Total interest income 7,405 7,066 14,753 14,101
Deposits 889 874 1,744 1,705
Short-term borrowings 115 33 235 70
Other borrowings 20 23 37 46
Trust preferred securities 42 60 75 52
Total interest expense 1,066 990 2,091 1,873
NET INTEREST INCOME 6,339 6,076 12,662 12,228
Provision for loan losses 105 210 105
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 6,234 6,076 12,452 12,123
Service charges on deposit accounts 491 470 938 911
Investment securities gains, net 252 22 303 46
Earnings on bank-owned life insurance 97 92 196 161
Gain on sale of loans 106 120 193 173
Other income 227 258 452 467
Total noninterest income 1,173 962 2,082 1,758
Salaries and employee benefits 2,283 2,560 5,063 4,920
Occupancy expense 292 291 627 640
Equipment expense 210 241 479 457
Data processing costs 322 261 594 511
Ohio state franchise tax 162 75 262 150
Federal deposit insurance expense 132 120 264 232
Professional fees 218 277 510 596
Loss (gain) on other real estate owned 56 (40) 68 48
Advertising expense 203 195 398 391
Other real estate expense 85 268 131 333
Directors fees 121 127 228 245
Appraiser fees 119 220
ATM fees 98 88 194 172
Other expense 604 744 1,195 1,313
Total noninterest expense 4,915 5,217 10,253 10,028
Income before income taxes 2,492 1,821 4,281 3,853
Income taxes 566 316 868 720
NET INCOME $ 1,926 $ 1,505 $ 3,413 $ 3,133
EARNINGS PER SHARE        
Basic (in dollars per share) $ 0.94 $ 0.73 $ 1.74 $ 1.52
Diluted (in dollars per share) 0.94 0.73 1.73 1.52
Cash dividends (in dollars per share) $ 0.27 $ 0.27 $ 0.54 $ 0.53