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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest and Dividend Income        
Interest and fees on loans $ 7,429 $ 6,917 $ 21,625 $ 19,768
Interest on deposits in banks 97 88 340 434
Interest and dividends on securities:        
Taxable interest 645 797 2,078 2,253
Tax-exempt interest 157 156 472 457
Dividends 26 23 76 67
Total interest and dividend income 8,354 7,981 24,591 22,979
Interest Expense        
Interest on deposits 1,089 702 3,062 1,957
Interest on federal funds purchased 1 1
Interest on subordinated debt 90 91 269 269
Interest on junior subordinated debt 103 105 322 292
Interest on other borrowings 2
Total interest expense 1,283 898 3,656 2,518
Net interest income 7,071 7,083 20,935 20,461
Provision for loan losses 200 100
Net interest income after provision for loan losses 7,071 7,083 20,735 20,361
Noninterest Income        
Noninterest income 1,997 1,924 5,726 5,664
Income from bank owned life insurance 131 107 333 743
Net gains on sale of loans 34 39 81 63
Other operating income 29 108 71 408
Total noninterest income 2,191 2,178 6,211 6,878
Noninterest Expense        
Salaries and employee benefits 3,556 3,371 10,374 9,981
Occupancy 398 387 1,237 1,174
Equipment 410 396 1,239 1,239
Marketing 143 123 523 393
Supplies 86 75 250 243
Legal and professional fees 231 229 775 643
ATM and check card expense 225 217 666 631
FDIC assessment, refund (6)      
FDIC assessment, premium   78 98 226
Bank franchise tax 136 118 402 351
Telecommunications expense 82 83 244 217
Data processing expense 174 168 526 500
Postage expense 43 42 135 145
Amortization expense 71 108 241 359
Other real estate owned expense (income), net 2 (20)
Net losses on disposal of premises and equipment 2 2
Other operating expense 637 551 1,804 1,596
Total noninterest expense 6,186 5,950 18,514 17,680
Income before income taxes 3,076 3,311 8,432 9,559
Income tax expense 583 635 1,592 1,745
Net income $ 2,493 $ 2,676 $ 6,840 $ 7,814
Earnings per common share        
Basic (in dollars per share) $ 0.50 $ 0.54 $ 1.38 $ 1.58
Diluted (in dollars per share) $ 0.50 $ 0.54 $ 1.38 $ 1.58
Deposit Account [Member]        
Noninterest Income        
Noninterest income $ 757 $ 818 $ 2,173 $ 2,364
Credit and Debit Card [Member]        
Noninterest Income        
Noninterest income 586 540 1,676 1,614
Asset Management [Member]        
Noninterest Income        
Noninterest income 477 423 1,372 1,239
Financial Service, Other [Member]        
Noninterest Income        
Noninterest income $ 177 $ 143 $ 505 $ 447