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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Loans:        
Taxable $ 6,853 $ 5,709 $ 13,288 $ 11,059
Tax-exempt 26 35 52 64
Investment securities:        
Taxable 1,493 1,305 2,986 2,502
Tax-exempt 921 1,034 1,851 2,059
Total interest income 9,293 8,083 18,177 15,684
Interest expense:        
Deposits 1,380 631 2,711 1,172
Borrowings 432 616 789 1,082
Total interest expense 1,812 1,247 3,500 2,254
Net interest income 7,481 6,836 14,677 13,430
Provision for loan losses 400 250 600 450
Net interest income after provision for loan losses 7,081 6,586 14,077 12,980
Non-interest income:        
Fees and service charges 1,931 1,808 3,620 3,564
Gains on sales of loans, net [1] 1,742 1,468 2,862 2,629
Bank owned life insurance [1] 160 162 319 321
(Losses) gains on sales of investment securities, net (146) (146) 35
Other 301 815 589 1,105
Total non-interest income 3,988 4,253 7,244 7,654
Non-interest expense:        
Compensation and benefits 4,251 3,966 8,394 7,755
Occupancy and equipment 1,100 1,072 2,162 2,150
Professional fees 443 430 839 818
Data processing 414 376 828 741
Amortization of intangibles 291 283 555 560
Advertising 169 165 335 332
Federal deposit insurance premiums 69 72 137 144
Foreclosure and real estate owned expense 26 12 67 25
Other 1,202 1,190 2,376 2,481
Total non-interest expense 7,965 7,566 15,693 15,006
Earnings before income taxes 3,104 3,273 5,628 5,628
Income tax expense 506 428 847 684
Net earnings [2] $ 2,598 $ 2,845 $ 4,781 $ 4,944
Earnings per share:        
Basic [2] $ 0.59 $ 0.65 $ 1.09 $ 1.14
Diluted [2] 0.59 0.65 1.09 1.14
Dividends per share [3] $ 0.20 $ 0.19 $ 0.40 $ 0.38
[1] Not within the scope of ASC 606.
[2] Share and per share values for the periods ended June 30, 2018 have been adjusted to give effect to the 5% stock dividend paid during December 2018.
[3] Per share amounts for the periods ended June 30, 2018 have been adjusted to give effect to the 5% stock dividend paid during December 2018.