XML 20 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest and Dividend Income      
Interest and fees on loans $ 23,037 $ 21,751 $ 21,695
Interest and dividends on securities available for sale:      
Taxable interest income 1,669 1,645 1,825
Interest income exempt from federal income taxes 925 972 1,096
Dividends 81 99 222
Interest on deposits in banks 73 26 12
Total interest and dividend income 25,785 24,493 24,850
Interest Expense      
Interest on deposits 787 741 924
Interest on federal funds purchased and securities sold under agreements to repurchase 1 10 20
Interest on Federal Home Loan Bank advances 136 336 650
Interest on trust preferred capital notes 0 78 132
Interest on interest rate swap 143 182 186
Total interest expense 1,067 1,347 1,912
Net interest income 24,718 23,146 22,938
(Recovery Of) Provision For Loan Losses (188) (227) 350
Net interest income after (recovery of) provision for loan losses 24,906 23,373 22,588
Noninterest Income      
Income from fiduciary activities 1,356 1,338 1,162
Service charges on deposit accounts 1,227 1,244 1,323
Other service charges and fees 3,713 3,375 2,995
(Loss) on the sale and disposal of premises and equipment (10) (76) (14)
Gain on sale of securities 98 124 990
Gain on redemption of trust preferred capital notes 0 2,424 0
Other operating income 285 9 150
Total noninterest income 6,669 8,438 6,606
Noninterest Expenses      
Salaries and employee benefits 13,015 12,318 11,427
Occupancy expenses 1,486 1,563 1,280
Equipment expenses 1,333 1,102 720
Advertising and marketing expenses 633 612 571
Stationery and supplies 201 242 307
ATM network fees 903 805 712
Other real estate owned expense 73 336 27
Loss (gain) on foreclosure and sale of other real estate owned 90 (46) (82)
FDIC assessment 304 439 357
Computer software expense 623 696 872
Bank franchise tax 501 505 466
Professional fees 949 1,025 988
Other bank service charges 209 71 73
Cost to terminate operating lease 0 520 0
Other operating expenses 2,332 2,293 2,268
Total noninterest expenses 22,652 22,481 19,986
Income before income taxes 8,923 9,330 9,208
Income Tax Expense 2,553 2,433 2,068
Net income $ 6,370 $ 6,897 $ 7,140
Earnings Per Share      
Net income per common share, basic (in US dollars per share) $ 1.81 $ 1.97 $ 2.08
Net income per common share, diluted (in US dollars per share) $ 1.81 $ 1.97 $ 2.08