XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest and Dividend Income        
Interest and fees on loans $ 6,108 $ 5,883 $ 11,844 $ 11,592
Interest and dividends on securities available for sale:        
Taxable interest income 591 482 1,141 922
Interest income exempt from federal income taxes 270 232 524 465
Dividends 19 23 24 46
Interest on deposits with other institutions 16 22 37 38
Total interest and dividend income 7,004 6,642 13,570 13,063
Interest Expense        
Interest on deposits 218 194 421 395
Interest on federal funds purchased 13 0 13 0
Interest on Federal Home Loan Bank advances 18 64 18 129
Interest on interest rate swap 0 39 0 80
Total interest expense 249 297 452 604
Net interest income 6,755 6,345 13,118 12,459
(Recovery of) Provision For Loan Losses (230) 0 (757) 79
Net interest income after (recovery of) provision for loan losses 6,985 6,345 13,875 12,380
Noninterest Income        
Income from fiduciary activities 309 380 601 708
Service charges on deposit accounts 295 290 594 580
Other service charges and fees 957 992 1,910 1,821
Gain on sale of securities 1 0 51 86
Other operating income 36 76 115 178
Total noninterest income 1,598 1,738 3,271 3,373
Noninterest Expenses        
Salaries and employee benefits 3,364 3,313 6,714 6,577
Occupancy expenses 367 367 744 775
Equipment expenses 259 223 498 469
Advertising and marketing expenses 175 185 353 347
Stationery and supplies 47 51 88 101
ATM network fees 183 259 403 436
Other real estate owned expense 10 2 11 2
Loss (gain) on valuation adjustments and sales of other real estate owned 0 47 (1) 47
FDIC assessment 55 99 107 204
Computer software expense 159 131 355 267
Bank franchise tax 134 125 259 251
Professional fees 267 281 558 509
Data processing fees 139 132 256 196
Other operating expenses 588 617 1,113 1,205
Total noninterest expenses 5,747 5,832 11,458 11,386
Income before income taxes 2,836 2,251 5,688 4,367
Income Tax Expense 809 641 1,619 1,232
Net income $ 2,027 $ 1,610 $ 4,069 $ 3,135
Earnings Per Share        
Net income per common share, basic $ 0.58 $ 0.46 $ 1.17 $ 0.89
Net income per common share, diluted $ 0.58 $ 0.46 $ 1.17 $ 0.89