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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Loans    
Taxable $ 26,846 $ 23,692
Tax-exempt 75 35
Securities    
Taxable 1,536 1,506
Tax-exempt 594 694
Total interest income 29,051 25,927
Interest Expense    
Deposits 2,578 1,979
Repurchase agreements & Other 16 17
Federal Home Loan Bank advances 352 375
Trust preferred securities 252 213
Total interest expense 3,198 2,584
Net Interest Income 25,853 23,343
Provision for loan losses 750 1,100
Net interest income after provision for loan losses 25,103 22,243
Non-interest Income    
Wealth management fees 2,628 2,606
Customer service fees 2,705 2,779
Gain on sale of mortgage loans & OMSR's 8,172 6,264
Mortgage loan servicing fees, net 810 1,025
Gain on sale of non-mortgage loans 979 947
Data service fees 917 1,190
Net gain on sales of securities 262
Gain on sale of assets 177 18
Other 1,239 878
Total non-interest income 17,889 15,707
Non-interest Expense    
Salaries and employee benefits 17,421 14,917
Net occupancy expense 2,145 1,943
Equipment expense 2,618 2,223
Data processing fees 1,380 1,060
Professional fees 1,426 1,663
Marketing expense 647 594
Telephone and communications 413 387
Postage and delivery expense 661 801
Employee expense 545 543
Other expenses 2,835 2,796
Total non-interest expense 30,091 26,927
Income Before Income Tax 12,901 11,023
Provision for Income Taxes 4,117 3,404
Net Income 8,784 7,619
Preferred Stock Dividends 975 956
Net Income available to Common Shareholders $ 7,809 $ 6,663
Basic Earnings Per Share $ 1.60 $ 1.36
Diluted Earnings Per Share $ 1.38 $ 1.19