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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest and dividend income:    
Loans, including fees $ 10,790 $ 8,927
Securities    
Taxable 488 488
Tax exempt 103 114
Dividends 92 74
Other Interest 265 167
11,738 9,770
Interest expense:    
Deposits 600 498
Other borrowed funds 216 125
Subordinated debentures 57 47
873 670
Net interest income 10,865 9,100
Provision for loan losses 145 479
Net interest income after provision for loan losses 10,720 8,621
Noninterest income:    
Service charges on deposit accounts 504 405
Trust fees 58 60
Income from bank owned life insurance and annuity assets 222 209
Mortgage banking income 55 57
Electronic refund check / deposit fees 1,376 1,754
Debit / credit card interchange income 780 586
Loss on other real estate owned (50) (5)
Other 168 169
3,113 3,235
Noninterest expense:    
Salaries and employee benefits 5,364 4,570
Occupancy 434 429
Furniture and equipment 260 185
Professional fees 453 337
Marketing expense 255 247
FDIC insurance 158 149
Data processing 535 353
Software 359 292
Foreclosed assets 192 65
Amortization of intangibles 41
Merger related expenses 27 227
Other 1,297 1,115
9,375 7,969
Income before income taxes 4,458 3,887
Provision for income taxes 1,241 1,055
NET INCOME $ 3,217 $ 2,832
Earnings per share (in dollars per share) $ 0.69 $ 0.69