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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income:      
Interest and fees on loans $ 38,654 $ 34,888 $ 32,452
Interest on due from banks 304 219 123
Interest on investment securities:      
U.S. Government sponsored enterprises 2,333 2,404 2,531
States and political subdivisions 3,877 4,236 4,454
Other 182 202 249
Total interest income 45,350 41,949 39,809
Interest expense:      
NOW, MMDA & savings deposits 769 598 495
Time deposits 472 466 586
FHLB borrowings 0 662 1,661
Junior subordinated debentures 790 590 485
Other 115 61 44
Total interest expense 2,146 2,377 3,271
Net interest income 43,204 39,572 36,538
Provision for (reduction of) loan losses 790 (507) (1,206)
Net interest income after provision for loan losses 42,414 40,079 37,744
Non-interest income:      
Service charges 4,355 4,453 4,497
Other service charges and fees 705 593 890
Gain on sale of securities 15 0 729
Mortgage banking income 851 1,190 1,428
Insurance and brokerage commissions 824 761 632
Appraisal management fee income 3,206 3,306 3,146
Gain (loss) on sales and write-downs of other real estate 17 (239) 64
Miscellaneous 6,193 5,300 4,850
Total non-interest income 16,166 15,364 16,236
Non-interest expense:      
Salaries and employee benefits 21,530 20,058 19,264
Occupancy 7,170 6,701 6,765
Professional fees 1,525 1,236 2,439
Advertising 922 1,195 1,136
Debit card expense 994 1,248 1,141
FDIC insurance 328 347 494
Appraisal management fee expense 2,460 2,526 2,260
Other 7,645 7,917 8,743
Total non-interest expense 42,574 41,228 42,242
Earnings before income taxes 16,006 14,215 11,738
Income tax expense 2,624 3,947 2,561
Net earnings $ 13,382 $ 10,268 $ 9,177
Basic net earnings per share $ 2.23 $ 1.71 $ 1.53
Diluted net earnings per share 2.22 1.69 1.5
Cash dividends declared per share $ 0.52 $ 0.44 $ 0.35