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Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest income:        
Loans, including fees $ 5,121 $ 5,172 $ 10,102 $ 10,268
Securities - Taxable 1,112 775 2,133 1,673
Securities - Tax-exempt 587 623 1,168 1,248
Federal funds sold and interest bearing bank deposits 182 156 383 282
Total interest income 7,002 6,726 13,786 13,471
Interest expense:        
Deposits 866 967 1,728 1,948
Short-term borrowings 5 3 9 7
Long-term debt interest expense 30 64 59 127
Total interest expense 901 1,034 1,796 2,082
Net interest income 6,101 5,692 11,990 11,389
Provision for loan losses 100 0 100 (600)
Net interest income after provision for loan losses 6,001 5,692 11,890 11,989
Noninterest income:        
Service charges on deposit accounts 183 193 372 391
Mortgage lending 139 315 304 494
Bank-owned life insurance income 110 113 217 225
Other noninterest income 361 372 734 717
Securities gains, net 0 0 2 0
Total noninterest income 793 993 1,629 1,827
Noninterest expense:        
Salaries and benefits 2,392 2,446 4,773 4,851
Net occupancy and equipment 351 358 732 718
Professional fees 254 194 484 405
FDIC and other regulatory assessments 89 122 178 244
Other noninterest expense 929 901 1,966 1,912
Total noninterest expense 4,015 4,021 8,133 8,130
Earnings before income taxes 2,779 2,664 5,386 5,686
Income tax expense 784 733 1,501 1,564
Net earnings $ 1,995 $ 1,931 $ 3,885 $ 4,122
Net earnings per share:        
Basic and diluted earnings per share $ 0.55 $ 0.53 $ 1.07 $ 1.13
Weighted average shares outstanding:        
Basic and diluted weighted average shares outstanding 3,643,593 3,643,503 3,643,567 3,643,493