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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Loans:        
Taxable $ 7,070 $ 6,168 $ 20,358 $ 17,227
Tax-exempt 26 152 78 216
Investment securities:        
Taxable 1,444 1,341 4,430 3,843
Tax-exempt 905 985 2,756 3,044
Total interest income 9,445 8,646 27,622 24,330
Interest expense:        
Deposits 1,433 833 4,144 2,005
Borrowings 353 633 1,142 1,715
Total interest expense 1,786 1,466 5,286 3,720
Net interest income 7,659 7,180 22,336 20,610
Provision for loan losses 400 450 1,000 900
Net interest income after provision for loan losses 7,259 6,730 21,336 19,710
Non-interest income:        
Fees and service charges 2,057 1,812 5,677 5,376
Gains on sales of loans, net [1] 2,081 1,476 4,943 4,105
Bank owned life insurance [1] 159 160 478 481
(Losses) gains on sales of investment securities, net (15) (146) 20
Other 258 1,134 847 2,239
Total non-interest income 4,555 4,567 11,799 12,221
Non-interest expense:        
Compensation and benefits 4,678 4,244 13,072 11,999
Occupancy and equipment 1,207 1,108 3,369 3,258
Professional fees 446 386 1,285 1,204
Data processing 405 394 1,233 1,135
Amortization of intangibles 332 278 887 838
Advertising 166 166 501 498
Federal deposit insurance (credits) premiums (66) 73 71 217
Foreclosure and real estate owned expense 75 24 142 49
Other 1,375 1,039 3,751 3,520
Total non-interest expense 8,618 7,712 24,311 22,718
Earnings before income taxes 3,196 3,585 8,824 9,213
Income tax expense 583 565 1,430 1,249
Net earnings [2] $ 2,613 $ 3,020 $ 7,394 $ 7,964
Earnings per share:        
Basic [2],[3] $ 0.60 $ 0.69 $ 1.69 $ 1.83
Diluted [2],[3] $ 0.60 $ 0.69 $ 1.69 $ 1.83
[1] Not within the scope of ASC 606.
[2] Share and per share values for the periods ended September 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 September 30, 2018 have been adjusted to give effect to the 5% stock dividend paid during December 2018.