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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
INTEREST INCOME        
Interest and fees on loans $ 10,713 $ 10,146 $ 30,891 $ 30,059
Interest on investment securities:        
Taxable 872 845 2,663 2,600
Nontaxable 169 180 524 543
Federal funds sold and other overnight interest-bearing deposits 3 5 24 23
Dividends on other securities 72 20 139 59
Total interest income 11,829 11,196 34,241 33,284
Interest on deposits:        
Savings, interest checking and money market 241 229 738 750
Time deposit accounts $100,000 and over 222 237 653 723
Other time deposits 269 331 831 1,067
Interest on federal funds purchased and securities sold under agreements to repurchase 12 5 28 14
Interest on subordinated notes 325 318 958 945
Interest on Federal Home Loan Bank advances 202 120 513 328
Total interest expense 1,271 1,240 3,721 3,827
Net interest income 10,558 9,956 30,520 29,457
Provision for loan losses 0 0 250 0
Net interest income after provision for loan losses 10,558 9,956 30,270 29,457
NON-INTEREST INCOME        
Service charges and other fees 903 979 2,597 2,808
Bank card income and fees 632 621 1,849 1,780
Trust department income 235 211 714 641
Real estate servicing fees, net 177 86 357 285
Gain on sale of mortgage loans, net 322 330 1,103 778
Other 67 86 165 290
Total non-interest income 2,336 2,313 6,785 6,582
NON-INTEREST EXPENSE        
Salaries and employee benefits 5,320 5,582 15,798 15,573
Occupancy expense, net 685 705 2,064 1,997
Furniture and equipment expense 464 438 1,379 1,334
Processing, network, and bank card expense 806 780 2,402 2,359
Legal, examination, and professional fees 332 341 943 849
FDIC insurance assessment 175 244 673 724
Advertising and promotion 273 305 780 852
Postage, printing, and supplies 250 268 794 813
Real estate foreclosure expense and (gains), net (329) 361 (352) 657
Other 1,001 875 2,472 2,259
Total non-interest expense 8,977 9,899 26,953 27,417
Income before income taxes 3,917 2,370 10,102 8,622
Income tax expense 1,378 802 3,497 2,969
Net income $ 2,539 $ 1,568 $ 6,605 $ 5,653
Basic earnings per share (in dollars per share) $ 0.47 $ 0.29 $ 1.21 $ 1.04
Diluted earnings per share (in dollars per share) $ 0.47 $ 0.29 $ 1.21 $ 1.04