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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest and Dividend Income        
Interest and fees on loans $ 6,546 $ 5,933 $ 12,851 $ 11,579
Interest on deposits in banks 186 86 346 147
Interest and dividends on securities:        
Taxable interest 776 634 1,456 1,296
Tax-exempt interest 156 145 301 288
Dividends 22 21 44 41
Total interest and dividend income 7,686 6,819 14,998 13,351
Interest Expense        
Interest on deposits 665 405 1,255 788
Interest on subordinated debt 89 89 178 178
Interest on junior subordinated debt 101 76 187 144
Total interest expense 855 570 1,620 1,110
Net interest income 6,831 6,249 13,378 12,241
Provision for loan losses 0 0 100 0
Net interest income after provision for loan losses 6,831 6,249 13,278 12,241
Noninterest Income        
Service charges on deposit accounts 784 735 1,546 1,490
ATM and check card fees 555 527 1,074 1,028
Wealth management fees 409 355 816 702
Fees for other customer services 151 137 304 277
Income from bank owned life insurance 77 102 636 195
Net gains on securities available for sale 0 13 0 13
Net gains on sale of loans 15 34 24 67
Other operating income 76 75 300 147
Total noninterest income 2,067 1,978 4,700 3,919
Noninterest Expense        
Salaries and employee benefits 3,227 3,122 6,610 6,364
Occupancy 387 348 787 715
Equipment 420 400 843 808
Marketing 161 136 270 272
Supplies 88 105 168 196
Legal and professional fees 223 245 414 442
ATM and check card expense 211 229 414 391
FDIC assessment 66 77 148 156
Bank franchise tax 118 110 233 214
Telecommunications expense 98 108 134 218
Data processing expense 170 152 332 302
Postage expense 42 74 103 135
Amortization expense 120 160 251 329
Other real estate owned expense (income), net 1 4 (22) 6
Other operating expense 532 435 1,045 908
Total noninterest expense 5,864 5,705 11,730 11,456
Income before income taxes 3,034 2,522 6,248 4,704
Income tax expense 583 766 1,110 1,405
Net income $ 2,451 $ 1,756 $ 5,138 $ 3,299
Earnings per common share        
Basic (in usd per share) $ 0.49 $ 0.36 $ 1.04 $ 0.67
Diluted (in usd per share) $ 0.49 $ 0.36 $ 1.04 $ 0.67