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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Loans    
Taxable $ 23,692 $ 22,457
Tax-exempt 35 44
Securities    
Taxable 1,506 1,198
Tax-exempt 694 709
Total interest income 25,927 24,408
Interest Expense    
Deposits 1,979 1,984
Repurchase agreements & Other 17 91
Federal Home Loan Bank advances 375 334
Trust preferred securities 213 1,071
Total interest expense 2,584 3,480
Net Interest Income 23,343 20,928
Provision for loan losses 1,100 450
Net interest income after provision for loan losses 22,243 20,478
Non-interest Income    
Wealth management fees 2,606 2,630
Customer service fees 2,779 2,691
Gain on sale of mortgage loans & OMSR's 6,264 4,228
Mortgage loan servicing fees, net 1,025 731
Gain on sale of non-mortgage loans 947 321
Data service fees $ 1,190 1,289
Net gain on sales of securities 160
Gain (loss) on sale of assets $ 18 (79)
Other 878 856
Total non-interest income 15,707 12,827
Non-interest Expense    
Salaries and employee benefits 14,917 13,185
Net occupancy expense 1,943 2,087
Equipment expense 2,223 2,525
Data processing fees 1,060 928
Professional fees 1,663 1,703
Marketing expense 594 564
Telephone and communications 387 404
Postage and delivery expense 801 783
Employee expense 543 488
Intangible amortization expense 200 372
State, local and other taxes 517 370
Other expenses 2,079 2,548
Total non-interest expense 26,927 25,957
Income Before Income Tax 11,023 7,348
Provision for Income Taxes 3,404 2,085
Net Income 7,619 $ 5,263
Preferred Stock Dividends 956
Net Income available to Common $ 6,663 $ 5,263
Basic Earnings Per Share $ 1.36 $ 1.08
Diluted Earnings Per Share $ 1.19 $ 1.07