XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Earnings - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income:        
Loans, including fees $ 5,511 $ 5,296 $ 16,049 $ 15,398
Securities - Taxable 974 1,071 3,063 3,204
Securities - Tax-exempt 577 590 1,734 1,758
Federal funds sold and interest bearing bank deposits 283 215 875 598
Total interest income 7,345 7,172 21,721 20,958
Interest expense:        
Deposits 920 872 2,637 2,600
Short-term borrowings 3 5 15 14
Long-term debt interest expense 0 34 46 93
Total interest expense 923 911 2,698 2,707
Net interest income 6,422 6,261 19,023 18,251
Provision for loan losses 0 0 0 100
Net interest income after provision for loan losses 6,422 6,261 19,023 18,151
Noninterest income:        
Service charges on deposit accounts 192 191 553 563
Mortgage lending 115 254 487 558
Bank-owned life insurance income 110 112 324 329
Other noninterest income 374 362 1,119 1,096
Securities gains, net 0 49 0 51
Total noninterest income 791 968 2,483 2,597
Noninterest expense:        
Salaries and benefits 2,673 2,516 7,959 7,289
Net occupancy and equipment 339 385 1,069 1,117
Professional fees 213 276 707 760
FDIC and other regulatory assessments 70 79 248 257
Other noninterest expense 1,455 969 3,495 2,935
Total noninterest expense 4,750 4,225 13,478 12,358
Earnings before income taxes 2,463 3,004 8,028 8,390
Income tax expense 488 868 1,594 2,369
Net earnings $ 1,975 $ 2,136 $ 6,434 $ 6,021
Net earnings per share:        
Basic and diluted earnings per share $ 0.54 $ 0.59 $ 1.77 $ 1.65
Weighted average shares outstanding:        
Basic and diluted weighted average shares outstanding 3,643,834 3,643,659 3,643,750 3,643,598