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Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Interest Income    
Loans $ 22,081 $ 20,481
Securities    
US Government and agency obligations 550 479
Mortgage backed securities 299 201
Municipals - taxable 313 199
Municipals - tax exempt 29 41
Dividends 73 67
Other (Corporates) 105 35
Interest bearing deposits 82 31
Federal Funds sold 133 34
Total interest income 23,665 21,568
Deposits    
NOW, money market savings 722 590
Time Deposits 2,071 1,742
Federal Funds purchased   4
Reverse repurchase agreements 13  
Capital notes 187 8
Total interest expense 2,993 2,344
Net interest income 20,672 19,224
Provision for loan losses 993 1,612
Net interest income after provision for loan losses 19,679 17,612
Noninterest income    
Gain on sales of loans held for sale 2,434 2,433
Service charges, fees and commissions 1,759 1,444
Increase in cash value of life insurance 345 292
Other 76 132
Gain on sales and calls of securities, net 113 494
Total noninterest income 4,727 4,795
Noninterest expenses    
Salaries and employee benefits 10,012 9,230
Occupancy 1,493 1,312
Equipment 1,521 1,287
Supplies 520 480
Professional, data processing, and other outside expense 2,795 2,731
Marketing 739 686
Credit expense 467 425
Other real estate expenses 88 68
FDIC insurance expense 375 363
Other 1,036 1,012
Total noninterest expenses 19,046 17,594
Income before income taxes 5,360 4,813
Income tax expense 2,438 1,527
Net Income $ 2,922 $ 3,286
Weighted average shares outstanding - basic 4,378,436 4,378,436
Weighted average shares outstanding- diluted 4,378,521 4,378,442
Earnings per common share - basic $ 0.67 $ 0.75
Earnings per common share - diluted $ 0.67 $ 0.75