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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income      
Loans, including fees $ 30,000 $ 27,064 $ 23,857
Securities      
Taxable 3,362 2,951 2,612
Tax exempt 2,618 2,680 2,812
Trading Assets 153 170 168
Other 421 320 282
Total interest income 36,554 33,185 29,731
Interest expense      
Deposits 2,211 2,024 2,038
Repurchase agreements and other borrowings 108 100 96
Federal Home Loan Bank advances 1,620 1,579 1,392
Note payable 233 109  
Subordinated debentures 254 238 230
Total interest expense 4,426 4,050 3,756
Net interest income 32,128 29,135 25,975
Provision for loan losses 1,150 1,450 950
Net interest income after provision for loan losses 30,978 27,685 25,025
Other income      
Service charges 5,086 4,408 4,240
Loan service fee income, net 71 206 66
Trust department income 1,086 1,056 979
Securities (gains) losses, net 287 412 966
Gain (loss) on trading assets, net (92) (9) 202
Gain on sale of loans 2,098 1,488 951
Brokerage income 778 597 554
Debit card interchange income 2,740 2,477 2,119
Other 95 849 81
Total other income 12,149 11,484 10,158
Other expenses      
Salaries and employee benefits 17,930 16,583 14,806
Occupancy expense 3,772 3,781 3,308
Repossession expense, net 401 416 371
FDIC insurance 526 576 535
Legal and professional fees 1,628 1,050 1,067
Data processing 1,627 1,427 1,351
Debit card expenses 1,311 1,287 1,005
Amortization 247 205 140
Advertising and marketing 925 1,003 827
Taxes other than payroll, property and income 1,134 904 851
Telephone 345 317 341
Postage 357 379 321
Loan fees 198 334 346
Acquisition expense   858  
Other 3,384 2,687 1,946
Total other expenses 33,785 31,807 27,215
Income before income taxes 9,342 7,362 7,968
Provision for income taxes 773 530 897
Net income $ 8,569 $ 6,832 $ 7,071
Earnings per share:      
Basic (in dollars per share) $ 2.87 $ 2.40 $ 2.60
Diluted (in dollars per share) $ 2.87 $ 2.40 $ 2.60