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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
INTEREST INCOME      
Loans receivable, including fees $ 27,611 $ 24,002 $ 23,841
Securities: Taxable 2,375 1,918 2,032
Securities: Tax exempt 2,216 1,843 1,888
Other 42 16 7
Total Interest Income 32,244 27,779 27,768
INTEREST EXPENSE      
Deposits 2,603 2,421 2,463
Short-term borrowings 130 85 77
Other borrowings 921 752 668
Total Interest Expense 3,654 3,258 3,208
Net Interest Income 28,590 24,521 24,560
Provision for Loan Losses 2,050 4,580 1,680
Net interest Income After Provision for Loan Losses 26,540 19,941 22,880
OTHER INCOME      
Service charges and fees 2,951 2,440 2,350
Income from fiduciary activities 449 439 437
Net realized gains on sales of securities 284 626 1,170
Net gain on sale of loans 54 104 132
Earnings and proceeds on bank owned life insurance 888 665 685
Other 553 425 336
Total Other Income 5,179 4,699 5,110
OTHER EXPENSES      
Salaries and employee benefits 10,928 8,535 8,616
Occupancy 2,077 1,660 1,676
Furniture and equipment 548 422 441
Data processing and related operations 1,337 943 929
Federal Deposit Insurance Corporation insurance assessment 412 411 420
Advertising 283 240 224
Professional fees 836 730 671
Postage and telephone 566 436 414
Taxes, other than income 731 711 649
Foreclosed real estate 680 911 1,555
Amortization of intangibles 122 105 121
Merger related 1,806    
Other 2,798 1,996 2,011
Total Other Expenses 23,124 17,100 17,727
Income before Income Taxes 8,595 7,540 10,263
INCOME TAX EXPENSE 1,884 1,632 2,606
Net income $ 6,711 $ 5,908 $ 7,657
EARNINGS PER SHARE      
BASIC $ 1.74 $ 1.60 $ 2.10
DILUTED $ 1.73 $ 1.60 $ 2.10