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Consolidated Statements of Income (Unaudited) - 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 $ 5,933 $ 5,370 $ 11,579 $ 10,606
Interest on deposits in banks 86 62 147 110
Interest and dividends on securities:        
Taxable interest 634 683 1,296 1,424
Tax-exempt interest 145 142 288 289
Dividends 21 21 41 40
Total interest and dividend income 6,819 6,278 13,351 12,469
Interest Expense        
Interest on deposits 405 329 788 662
Interest on federal funds purchased 0 0 0 3
Interest on subordinated debt 89 89 178 179
Interest on junior subordinated debt 76 64 144 125
Interest on other borrowings 0 0 0 5
Total interest expense 570 482 1,110 974
Net interest income 6,249 5,796 12,241 11,495
Provision for loan losses 0 0 0 0
Net interest income after provision for loan losses 6,249 5,796 12,241 11,495
Noninterest Income        
Service charges on deposit accounts 735 914 1,490 1,694
ATM and check card fees 527 515 1,028 1,003
Wealth management fees 355 334 702 670
Fees for other customer services 137 137 277 284
Income from bank owned life insurance 102 107 187 193
Net gains on calls and sales of securities available for sale 13 0 13 6
Net gains on sale of loans 34 31 67 52
Other operating income 75 74 155 153
Total noninterest income 1,978 2,112 3,919 4,055
Noninterest Expense        
Salaries and employee benefits 3,122 3,415 6,364 6,859
Occupancy 348 365 715 789
Equipment 400 394 808 826
Marketing 136 120 272 227
Supplies 105 103 196 204
Legal and professional fees 245 156 442 467
ATM and check card fees 229 221 391 426
FDIC assessment 77 126 156 248
Bank franchise tax 110 90 214 193
Telecommunications expense 108 115 218 229
Data processing expense 152 146 302 274
Postage expense 74 57 135 126
Amortization expense 160 198 329 405
Other real estate owned expense (income), net 4 (49) 6 (121)
Other operating expense 435 426 908 848
Total noninterest expense 5,705 5,883 11,456 12,000
Income before income taxes 2,522 2,025 4,704 3,550
Income tax expense 766 592 1,405 1,018
Net income $ 1,756 $ 1,433 $ 3,299 $ 2,532
Earnings per common share        
Basic (in usd per share) $ 0.36 $ 0.29 $ 0.67 $ 0.51
Diluted (in usd per share) $ 0.36 $ 0.29 $ 0.67 $ 0.51