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Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income:    
Loans, including fees $ 5,727 $ 5,231
Securities - Taxable 1,015 1,077
Securities - Tax-exempt 549 585
Federal funds sold and interest bearing bank deposits 352 302
Total interest income 7,643 7,195
Interest expense:    
Deposits 1,021 872
Short-term borrowings 2 4
Long-term debt interest expense 0 35
Total interest expense 1,023 911
Net interest income 6,620 6,284
Provision for loan losses 0 0
Net interest income after provision for loan losses 6,620 6,284
Noninterest income:    
Service charge on deposit accounts 184 179
Mortgage lending 189 206
Bank-owned life insurance income 110 106
Other noninterest income 672 362
Securities gains, net 5 0
Total noninterest income 1,160 853
Noninterest expense:    
Salaries and benefits 2,938 2,668
Net occupancy and equipment 384 370
Professional fees 228 228
FDIC and other regulatory assessments 29 89
Other noninterest expense 1,032 1,047
Total noninterest expense 4,611 4,402
Earnings before income taxes 3,169 2,735
Income tax expense 626 540
Net earnings $ 2,543 $ 2,195
Net earnings per share:    
Basic and diluted earnings per share $ 0.7 $ 0.6
Weighted average shares outstanding:    
Basic and diluted weighted average shares outstanding 3,614,741 3,643,683