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Condensed 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:        
Loans, including fees $ 10,767 $ 10,131 $ 22,016 $ 20,921
Securities        
Taxable 590 536 1,156 1,024
Tax exempt 94 105 187 208
Dividends 107 94 216 186
Interest-bearing deposits with banks 371 117 1,056 377
Other Interest 9 6 16 11
11,938 10,989 24,647 22,727
Interest expense:        
Deposits 961 628 1,853 1,228
Other borrowed funds 255 229 490 445
Subordinated debentures 82 61 154 118
1,298 918 2,497 1,791
Net interest income 10,640 10,071 22,150 20,936
Provision for loan losses (23) 175 733 320
Net interest income after provision for loan losses 10,663 9,896 21,417 20,616
Noninterest income:        
Income from bank owned life insurance and annuity assets 173 182 349 404
Electronic refund check / deposit fees 305 291 1,533 1,667
Debit / credit card interchange income 932 863 1,793 1,643
Gain (loss) on other real estate owned 170 (21) 157 (71)
Other 307 162 505 330
2,538 2,112 5,614 5,225
Noninterest expense:        
Salaries and employee benefits 5,541 5,145 11,243 10,509
Occupancy 426 448 867 882
Furniture and equipment 258 258 512 518
Professional fees 515 451 1,023 904
Marketing expense 262 257 524 512
FDIC insurance 115 109 258 267
Data processing 707 553 1,421 1,088
Software 366 378 762 737
Foreclosed assets 55 75 110 267
Amortization of intangibles 36 41 72 82
Other 1,393 2,161 2,690 3,485
9,674 9,876 19,482 19,251
Income before income taxes 3,527 2,132 7,549 6,590
Provision for income taxes 551 391 1,207 1,632
NET INCOME $ 2,976 $ 1,741 $ 6,342 $ 4,958
Earnings per share (in dollars per share) $ 0.63 $ 0.37 $ 1.34 $ 1.06
Deposit Account [Member]        
Noninterest income:        
Revenue from Contract with Customer $ 515 $ 530 $ 1,017 $ 1,034
Fiduciary and Trust [Member]        
Noninterest income:        
Revenue from Contract with Customer 68 55 128 113
Mortgage Banking [Member]        
Noninterest income:        
Revenue from Contract with Customer $ 68 $ 50 $ 132 $ 105