XML 14 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements Of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest and Dividend Income        
Interest and fees on loans $ 5,658 $ 5,540 $ 17,250 $ 16,278
Interest and dividends on securities available for sale:        
Taxable interest income 354 437 1,276 1,219
Interest income exempt from federal income taxes 230 244 695 733
Dividends 22 42 68 75
Interest on deposits with other institutions 15 2 53 19
Total interest and dividend income 6,279 6,265 19,342 18,324
Interest Expense        
Interest on deposits 196 185 591 551
Interest on federal funds purchased and securities sold under agreements to repurchase 1 9 1 10
Interest on Federal Home Loan Bank advances 7 69 136 269
Interest on trust preferred capital notes 0 12 0 78
Interest on interest rate swap 38 46 118 137
Total interest expense 242 321 846 1,045
Net interest income 6,037 5,944 18,496 17,279
(Recovery of) Provision For Loan Losses (125) (410) (46) 23
Net interest income after (recovery of) provision for loan losses 6,162 6,354 18,542 17,256
Noninterest Income        
Income from fiduciary activities 315 319 1,023 1,103
Service charges on deposit accounts 321 329 901 926
Other service charges and fees 999 919 2,820 2,605
Gain on sale of securities 8 20 94 116
Gain on redemption of trust preferred capital notes 0 2,424 0 2,424
Other operating income (loss) 44 (181) 222 (71)
Total noninterest income 1,687 3,830 5,060 7,103
Noninterest Expenses        
Salaries and employee benefits 3,251 3,090 9,828 9,197
Occupancy expenses 356 394 1,131 1,176
Equipment expenses 361 312 1,026 718
Advertising and marketing expenses 151 155 498 458
Stationery and supplies 68 67 169 179
ATM network fees 242 246 678 595
Other real estate owned expense 50 63 52 83
(Gain) Loss on the sale of other real estate owned (12) (11) 35 81
FDIC assessment 103 108 307 319
Computer software expense 180 134 447 547
Bank franchise tax 125 131 376 374
Professional fees 266 211 775 714
Cost to terminate operating lease 0 0 0 520
Other operating expenses 730 618 1,935 1,746
Total noninterest expenses 5,871 5,518 17,257 16,707
Income before income taxes 1,978 4,666 6,345 7,652
Income Tax Expense 548 1,377 1,780 2,110
Net income $ 1,430 $ 3,289 $ 4,565 $ 5,542
Earnings Per Share        
Net income per common share, basic $ 0.40 $ 0.94 $ 1.29 $ 1.59
Net income per common share, diluted $ 0.40 $ 0.94 $ 1.29 $ 1.59