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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
INTEREST INCOME        
Interest and fees on loans $ 13,252 $ 11,856 $ 38,329 $ 34,577
Interest on investment securities:        
Taxable 1,089 785 3,141 2,391
Nontaxable 146 169 451 494
Federal funds sold, other interest-bearing deposits, and certificates of deposit in other banks 205 84 500 144
Dividends on other securities 59 42 162 111
Total interest income 14,751 12,936 42,583 37,717
Interest on deposits:        
Savings, interest checking and money market 1,468 682 3,899 1,546
Time deposit accounts $250,000 and over 391 119 825 309
Other time deposits 520 463 1,566 1,252
Interest on federal funds purchased and securities sold under agreements to repurchase 166 29 526 78
Interest on Federal Home Loan Bank advances 314 440 1,042 1,182
Interest on subordinated notes 584 450 1,635 1,290
Total interest expense 3,443 2,183 9,493 5,657
Net interest income 11,308 10,753 33,090 32,060
Provision for loan losses 250 555 1,000 1,235
Net interest income after provision for loan losses 11,058 10,198 32,090 30,825
NON-INTEREST INCOME        
Gain on sale of mortgage loans, net 205 225 593 599
Other 10 56 47 197
Total non-interest income 2,324 2,181 6,905 6,687
Investment securities gain, net 50 0 256 0
NON-INTEREST EXPENSE        
Salaries and employee benefits 5,543 5,502 17,413 16,276
Occupancy expense, net 749 719 2,162 2,027
Furniture and equipment expense 785 764 2,104 1,996
Processing, network, and bank card expense 841 831 2,589 2,803
Legal, examination, and professional fees 289 331 913 928
FDIC insurance assessment 181 106 482 322
Advertising and promotion 297 342 840 845
Postage, printing, and supplies 256 215 749 690
Other 947 956 2,821 2,916
Total non-interest expense 9,888 9,766 30,073 28,803
Income before income taxes 3,544 2,613 9,178 8,709
Income tax expense 446 847 1,083 2,923
Net income $ 3,098 $ 1,766 $ 8,095 $ 5,786
Basic earnings per share (in dollars per share) $ 0.51 $ 0.29 $ 1.34 $ 0.95
Diluted earnings per share (in dollars per share) $ 0.51 $ 0.29 $ 1.34 $ 0.95
Service charges and other fees        
NON-INTEREST INCOME        
Income from fees $ 942 $ 878 $ 2,760 $ 2,565
Bank card income and fees        
NON-INTEREST INCOME        
Income from fees 699 664 2,064 1,941
Trust department income        
NON-INTEREST INCOME        
Income from fees 276 288 867 828
Real estate servicing fees, net        
NON-INTEREST INCOME        
Income from fees $ 192 $ 70 $ 574 $ 557