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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest and dividend income:        
Loans, including fees $ 11,118 $ 10,489 $ 33,134 $ 31,410
Securities        
Taxable 583 535 1,739 1,559
Tax exempt 93 104 280 312
Dividends 112 101 328 287
Interest-bearing deposits with banks 265 81 1,321 459
Other Interest 10 7 26 17
12,181 11,317 36,828 34,044
Interest expense:        
Deposits 1,081 757 2,934 1,985
Other borrowed funds 250 228 740 673
Subordinated debentures 87 64 241 182
1,418 1,049 3,915 2,840
Net interest income 10,763 10,268 32,913 31,204
Provision for loan losses 962 1,601 1,695 1,921
Net interest income after provision for loan losses 9,801 8,667 31,218 29,283
Noninterest income:        
Income from bank owned life insurance and annuity assets 173 577 522 981
Electronic refund check / deposit fees 33 1,566 1,667
Debit / credit card interchange income 943 863 2,736 2,506
Gain (loss) on other real estate owned (82) (23) 75 (94)
Other 164 201 669 531
1,927 2,282 7,541 7,507
Noninterest expense:        
Salaries and employee benefits 5,537 5,019 16,780 15,528
Occupancy 469 449 1,336 1,331
Furniture and equipment 263 269 775 787
Professional fees 514 434 1,537 1,338
Marketing expense 263 273 787 785
FDIC insurance 110 99 368 366
Data processing 759 564 2,180 1,652
Software 398 365 1,160 1,102
Foreclosed assets 54 158 164 425
Amortization of intangibles 33 38 105 120
Other 1,361 1,554 4,051 5,039
9,761 9,222 29,243 28,473
Income before income taxes 1,967 1,727 9,516 8,317
Provision for income taxes 221 74 1,428 1,706
NET INCOME $ 1,746 $ 1,653 $ 8,088 $ 6,611
Earnings per share (in dollars per share) $ 0.37 $ 0.35 $ 1.71 $ 1.41
Dividends per share (in dollars per share) $ 0.21 $ 0.21 $ 0.63 $ 0.63
Deposit Account [Member]        
Noninterest income:        
Revenue from Contract with Customer $ 534 $ 541 $ 1,551 $ 1,575
Fiduciary and Trust [Member]        
Noninterest income:        
Revenue from Contract with Customer 69 64 197 177
Mortgage Banking [Member]        
Noninterest income:        
Revenue from Contract with Customer $ 93 $ 59 $ 225 $ 164