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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest income        
Interest and fees on loans $ 9,031 $ 7,191 $ 17,319 $ 14,172
Interest and dividends on securities:        
U.S. government agencies 886 850 1,776 1,750
State and political subdivisions, tax-free 38 12 58 35
State and political subdivisions, taxable 1,027 978 2,051 1,800
Other securities 240 120 435 243
Total interest and dividends on securities 2,191 1,960 4,320 3,828
Interest on interest-bearing deposits in other banks 12 32 35 122
Total interest income 11,234 9,183 21,674 18,122
Interest expense        
Interest on deposits 1,134 826 2,201 1,570
Interest on borrowed funds:        
Interest on Federal Home Loan Bank of Pittsburgh advances 707 130 1,059 261
Interest on subordinated debentures 57 114 113 226
Interest on junior subordinated debentures 99 73 186 142
Total interest on borrowed funds 863 317 1,358 629
Total interest expense 1,997 1,143 3,559 2,199
Net interest income before provision (credit) for loan and lease losses 9,237 8,040 18,115 15,923
Provision (credit) for loan and lease losses 880 421 1,600 (57)
Net interest income after provision (credit) for loan and lease losses 8,357 7,619 16,515 15,980
Non-interest income        
Net (loss) gain on the sale of available-for-sale securities (4) 693 (4) 971
Net loss on equity securities (7) (26)
Net gain on the sale of mortgage loans held for sale 51 110 100 135
Net gain on the sale of SBA guaranteed loans 71 56 322 56
Net (loss) gain on the sale of other repossessed assets (10) 47
Net (loss) gain on the sale of other real estate owned (7) 6 31 57
Loan-related fees 76 65 160 156
Income from bank-owned life insurance 138 135 272 270
Other 464 240 744 482
Total non-interest income 1,529 2,023 3,048 3,593
Non-interest expense        
Salaries and employee benefits 3,485 3,298 7,151 6,822
Occupancy expense 526 586 1,129 1,173
Equipment expense 323 446 637 906
Advertising expense 213 191 326 305
Data processing expense 647 509 1,295 996
Regulatory assessments 196 164 397 337
Bank shares tax 222 252 489 510
Expense of other real estate owned 55 288 100 328
Professional fees 196 180 492 456
Insurance expense 133 128 268 253
Other losses 86 147 127 285
Other operating expenses 884 751 1,787 1,497
Total non-interest expense 6,966 6,940 14,198 13,868
Income before income tax expense 2,920 2,702 5,365 5,705
Income tax expense 508 910 934 1,716
Net income $ 2,412 $ 1,792 $ 4,431 $ 3,989
Earnings per share        
Basic (in dollars per share) $ 0.14 $ 0.11 $ 0.26 $ 0.24
Diluted (in dollars per share) 0.14 0.11 0.26 0.24
Cash dividends declared per common share (in dollars per share) $ 0.04 $ 0.03 $ 0.08 $ 0.06
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:        
Basic (in shares) 16,792,812 16,716,899 16,778,188 16,687,389
Diluted (in shares) 16,819,286 16,736,995 16,801,426 16,704,056
Financial Service [Member]        
Non-interest income        
Deposit service charges $ 747 $ 728 $ 1,449 $ 1,419