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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest Income    
Loans $ 5,188 $ 4,978
Securities    
US Government and agency obligations 113 139
Mortgage backed securities 66 52
Municipals - taxable 69 34
Municipals - tax exempt 11 10
Dividends 7 6
Other (Corporates) 27 6
Interest bearing deposits 15 6
Federal Funds sold 13 4
Total interest income 5,509 5,235
Deposits    
NOW, money market savings 169 136
Time Deposits 465 400
Federal Funds purchased   4
Total interest expense 671 548
Net interest income 4,838 4,687
Provision for loan losses 100 200
Net interest income after provision for loan losses 4,738 4,487
Noninterest income    
Gain on sales of loans held for sale 371 491
Service charges, fees and commissions 405 372
Increase in cash value of life insurance 86 65
Other 9 15
Gain on sales and calls of securities, net 10 65
Total noninterest income 881 1,008
Noninterest expenses    
Salaries and employee benefits 2,380 2,237
Occupancy 372 332
Equipment 348 319
Supplies 134 119
Professional, data processing, and other outside expense 680 662
Marketing 148 119
Credit expense 114 83
Other real estate expenses 12 1
FDIC insurance expense 103 92
Other 226 226
Total non-interest expenses 4,517 4,190
Income before income taxes 1,102 1,305
Income tax expense 342 418
Net Income $ 760 $ 887
Weighted average shares outstanding - basic 4,378,436 4,378,436
Weighted average shares outstanding- diluted 4,378,535 4,378,436
Earnings per common share - basic $ 0.17 $ 0.20
Earnings per common share - diluted $ 0.17 $ 0.20
Capital Notes 6% Due 4/1/2017 [Member]    
Deposits    
Capital notes   $ 8
Capital Notes 4% Due 1/24/2022 [Member]    
Deposits    
Capital notes $ 37