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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Loans      
Taxable $ 29,792 $ 26,846 $ 23,692
Tax exempt 85 75 35
Securities      
Taxable 2,076 1,536 1,506
Tax exempt 527 594 694
Total interest income 32,480 29,051 25,927
Interest Expense      
Deposits 3,456 2,578 1,979
Repurchase agreements & Other 15 16 17
Federal Home Loan Bank advances 320 352 375
Trust preferred securities 303 252 213
Total interest expense 4,094 3,198 2,584
Net Interest Income 28,386 25,853 23,343
Provision for loan losses 400 750 1,100
Net interest income after provision for loan losses 27,986 25,103 22,243
Noninterest Income      
Wealth management fees 2,777 2,628 2,606
Customer service fees 2,671 2,705 2,779
Gain on sale of mortgage loans & OMSR's 7,132 8,172 6,264
Mortgage loan servicing fees, net 1,316 810 1,025
Gain on sale of non-mortgage loans 1,272 979 947
Data service fees 738 917 1,190
Net gain on sales of securities 119 262  
Gain on sale of assets 6 177 18
Other 1,186 1,239 878
Total noninterest income 17,217 17,889 15,707
Noninterest Expense      
Salaries and employee benefits 18,646 17,421 14,917
Net occupancy expense 2,260 2,145 1,943
Equipment expense 2,760 2,618 2,223
Data processing fees 1,558 1,380 1,060
Professional fees 1,774 1,426 1,663
Marketing expense 734 647 594
Telephone and communications 462 413 387
Postage and delivery expense 454 661 801
Employee expense 797 545 543
Other expenses 2,133 2,835 2,796
Total noninterest expense 31,578 30,091 26,927
Income Before Income Tax 13,625 12,901 11,023
Provision for Income Taxes 2,560 4,117 3,404
Net Income 11,065 8,784 7,619
Preferred Share Dividends 975 975 956
Net Income available to Common Shareholders $ 10,090 $ 7,809 $ 6,663
Basic Earnings Per Share $ 2.10 $ 1.60 $ 1.36
Diluted Earnings Per Share $ 1.74 $ 1.38 $ 1.19