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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest and Dividend Income    
Interest and fees on loans $ 5,236 $ 4,540
Interest on deposits in banks 48 5
Interest and dividends on securities available for sale:    
Taxable interest 741 358
Tax-exempt interest 147 64
Dividends 19 21
Total interest and dividend income 6,191 4,988
Interest Expense    
Interest on deposits 333 300
Interest on federal funds purchased 3 1
Interest on subordinated debt 90  
Interest on junior subordinated debt 61 54
Interest on other borrowings 5 1
Total interest expense 492 356
Net interest income 5,699 4,632
Provision for loan losses 0 0
Net interest income after provision for loan losses 5,699 4,632
Noninterest Income    
Service charges on deposit accounts 780 547
ATM and check card fees 488 349
Wealth management fees 336 503
Fees for other customer services 147 107
Income from bank owned life insurance 86 74
Net gains (losses) on calls and sales of securities available for sale 6 (52)
Net gains on sale of loans 21 55
Other operating income 79 8
Total noninterest income 1,943 1,591
Noninterest Expense    
Salaries and employee benefits 3,444 3,125
Occupancy 424 317
Equipment 432 281
Marketing 107 97
Supplies 101 345
Legal and professional fees 311 212
ATM and check card fees 205 155
FDIC assessment 122 67
Bank franchise tax 103 122
Telecommunications expense 114 85
Data processing expense 128 187
Postage expense 69 117
Amortization expense 207 4
Other real estate owned income, net (72) (36)
Other operating expense 422 409
Total noninterest expense 6,117 5,487
Income before income taxes 1,525 736
Income tax expense 426 192
Net income 1,099 544
Effective dividend on preferred stock   329
Net income available to common shareholders $ 1,099 $ 215
Earnings per common share    
Basic $ 0.22 $ 0.04
Diluted $ 0.22 $ 0.04