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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest and dividend income    
Loans $ 4,744 $ 4,497
Taxable securities 207 168
Non-taxable securities 88 103
Federal funds sold and other 117 92
Total interest and dividend income 5,156 4,860
Interest expense    
Deposits 1,076 729
FHLB advances and other borrowings 182 189
Subordinated debentures 55 42
Total interest expense 1,313 960
Net interest income 3,843 3,900
Provision for loan losses   30
Net interest income after provision for loan losses (credit) 3,843 3,870
Non-interest income    
Service charges on deposit accounts 260 298
Other service charges and fees 281 281
Gain on sale of mortgage loans 80 50
Non-deposit brokerage fees 95 99
Lease income 83 52
BOLI income 46 43
Total non-interest income 845 823
Non-interest expenses    
Salaries and employee benefits 1,809 1,846
Net occupancy expense 448 453
Advertising and public relations 73 81
Professional fees 254 164
Data processing services 209 194
Franchise shares and deposit tax 120 120
FDIC insurance 35 42
Other 434 459
Total non-interest expenses 3,382 3,359
Income before income taxes 1,306 1,334
Income taxes 187 250
Net income 1,119 1,084
Net income available for common stockholders $ 1,119 $ 1,084
Basic earnings per common share (in dollars per share) $ 0.44 $ 0.43
Diluted earnings per common share (in dollars per share) $ 0.44 $ 0.43