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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest Income    
Loans $ 5,674 $ 5,188
Securities    
US Government and agency obligations 198 113
Mortgage backed securities 68 66
Municipals - taxable 79 69
Municipals - tax exempt 3 11
Dividends 8 7
Other (Corporates) 23 27
Interest bearing deposits 35 15
Federal Funds sold 67 13
Total interest income 6,155 5,509
Deposits    
NOW, money market savings 192 169
Time Deposits 581 465
FHLB borrowings 1  
Total interest expense 824 671
Net interest income 5,331 4,838
Provision for loan losses 22 100
Net interest income after provision for loan losses 5,309 4,738
Noninterest income    
Gain on sales of loans held for sale 620 371
Service charges, fees and commissions 464 385
Increase in cash value of life insurance 85 86
Other 17 9
Gain on sales and calls of securities, net   10
Total noninterest income 1,186 861
Noninterest expenses    
Salaries and employee benefits 2,713 2,380
Occupancy 395 372
Equipment 379 348
Supplies 149 134
Professional, data processing, and other outside expense 815 680
Marketing 140 148
Credit expense 125 94
Other real estate expenses 40 12
FDIC insurance expense 101 103
Other 240 226
Total noninterest expenses 5,097 4,497
Income before income taxes 1,398 1,102
Income tax expense 275 342
Net Income $ 1,123 $ 760
Weighted average shares outstanding - basic 4,378,436 4,378,436
Weighted average shares outstanding- diluted 4,378,526 4,378,535
Earnings per common share - basic $ 0.26 $ 0.17
Earnings per common share - diluted $ 0.26 $ 0.17
Capital Notes 4% Due 1/24/2022 [Member]    
Deposits    
Capital notes $ 50 $ 37