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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest and dividend income        
Loans $ 4,649 $ 4,316 $ 13,942 $ 12,697
Taxable securities 174 142 516 433
Non-taxable securities 93 115 294 379
Federal funds sold and other 178 67 364 181
Total interest and dividend income 5,094 4,640 15,116 13,690
Interest expense        
Deposits 936 628 2,492 1,769
FHLB advances and other borrowings 196 112 572 305
Subordinated debentures 50 37 142 106
Total interest expense 1,182 777 3,206 2,180
Net interest income 3,912 3,863 11,910 11,510
Provision (credit) for loan losses 30 (30) 90  
Net interest income after provision (credit) for loan losses 3,882 3,893 11,820 11,510
Non-interest income        
Service charges on deposit accounts 291   898  
Gain on sale of mortgage loans 95 79 214 235
Non-deposit brokerage fees 110   310  
Lease income 52 53 183 185
BOLI income 45 44 132 132
Gain on sale of available-for-sale securities   25   48
Total non-interest income 912 925 2,656 2,672
Non-interest expenses        
Salaries and employee benefits 1,730 1,673 5,349 5,062
Net occupancy expense 457 449 1,342 1,356
Advertising and public relations 102 111 268 259
Professional fees 156 160 492 461
Data processing services 208 214 607 718
Franchise shares and deposit tax 120 132 360 396
FDIC insurance 42 52 127 150
Other 470 415 1,390 1,308
Total non-interest expenses 3,285 3,206 9,935 9,710
Income before income taxes 1,509 1,612 4,541 4,472
Income taxes 311 490 885 1,335
Net income 1,198 1,122 3,656 3,137
Dividends on preferred stock       238
Net income available for common stockholders $ 1,198 $ 1,122 $ 3,656 $ 2,899
Basic earnings per common share (in dollars per share) $ 0.47 $ 0.44 $ 1.44 $ 1.30
Diluted earnings per common share (in dollars per share) $ 0.47 $ 0.44 $ 1.44 $ 1.23
Deposit accounts        
Non-interest income        
Service charges on deposit accounts $ 291 $ 317 $ 898 $ 922
Other        
Non-interest income        
Other service charges and fees 319 317 919 882
Brokerage fees        
Non-interest income        
Non-deposit brokerage fees $ 110 $ 90 $ 310 $ 268