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Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Interest Income    
Loans $ 24,836 $ 22,081
Securities    
US Government and agency obligations 760 550
Mortgage backed securities 256 299
Municipals - taxable 324 313
Municipals - tax exempt 7 29
Dividends 74 73
Other (Corporates) 94 105
Interest bearing deposits 227 82
Federal Funds sold 393 133
Total interest income 26,971 23,665
Deposits    
NOW, money market savings 961 722
Time Deposits 2,617 2,071
FHLB borrowings 17  
Reverse repurchase agreements   13
Capital notes 200 187
Total interest expense 3,795 2,993
Net interest income 23,176 20,672
Provision for loan losses 716 993
Net interest income after provision for loan losses 22,460 19,679
Noninterest income    
Gain on sales of loans held for sale 2,918 2,434
Service charges, fees and commissions 1,871 1,759
Increase in cash value of life insurance 341 345
Other 105 76
Gain on sales and calls of securities, net   113
Total noninterest income 5,235 4,727
Noninterest expenses    
Salaries and employee benefits 11,279 10,012
Occupancy 1,522 1,493
Equipment 1,600 1,521
Supplies 548 520
Professional, data processing, and other outside expenses 3,226 2,795
Marketing 611 739
Credit expense 528 467
Other real estate expenses 277 88
FDIC insurance expense 398 375
Other 1,075 1,036
Total noninterest expenses 21,064 19,046
Income before income taxes 6,631 5,360
Income tax expense 1,329 2,438
Net Income $ 5,302 $ 2,922
Weighted average shares outstanding - basic 4,378,436 4,378,436
Weighted average shares outstanding- diluted 4,378,459 4,378,521
Earnings per common share - basic $ 1.21 $ 0.67
Earnings per common share - diluted $ 1.21 $ 0.67