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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
INTEREST INCOME    
Interest and fees on loans $ 10,418 $ 9,818
Interest bearing deposits 6 4
Short-term investments in money market funds 69 43
Investment securities:    
Available for sale 1,319 1,029
Held to maturity 352 323
Total Interest Income 12,164 11,217
INTEREST EXPENSE    
Deposits 2,730 1,781
Short-term borrowings 102 92
Advances from Federal Home Loan Bank 235 186
Financing lease liabilities 30 0
Guaranteed junior subordinated deferrable interest debentures 280 280
Subordinated debt 130 130
Total Interest Expense 3,507 2,469
NET INTEREST INCOME 8,657 8,748
Provision (credit) for loan losses (400) 50
NET INTEREST INCOME AFTER PROVISION (CREDIT) FOR LOAN LOSSES 9,057 8,698
NON-INTEREST INCOME    
Wealth management fees 2,396 2,426
Service charges on deposit accounts 310 383
Net gains on sale of loans 62 98
Mortgage related fees 44 39
Net realized losses on investment securities 0 (148)
Bank owned life insurance 128 132
Other income 665 705
Total Non-Interest Income 3,605 3,635
NON-INTEREST EXPENSE    
Salaries and employee benefits 6,301 6,093
Net occupancy expense 658 670
Equipment expense 361 391
Professional fees 1,120 1,184
Supplies, postage and freight 173 168
Miscellaneous taxes and insurance 277 290
Federal deposit insurance expense 80 162
Other expense 1,323 1,162
Total Non-Interest Expense 10,293 10,120
PRETAX INCOME 2,369 2,213
Provision for income tax expense 491 446
NET INCOME $ 1,878 $ 1,767
Basic:    
Net income $ 0.11 $ 0.10
Average number of shares outstanding 17,578 18,079
Diluted:    
Net income $ 0.11 $ 0.10
Average number of shares outstanding 17,664 18,181