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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest and dividend income:      
Interest and fees on loans $ 28,992 $ 26,715 $ 25,164
Due from banks interest bearing accounts 659 595 431
Investment securities:      
Taxable 2,725 2,898 2,710
Non-taxable 271 354 397
Other earning assets 481 278 157
Total interest and dividend income 33,128 30,840 28,859
Interest expense:      
Time deposits $250,000 and over 81 84 103
Other deposits 1,073 1,207 1,162
Total interest expense 1,154 1,291 1,265
Net interest income 31,974 29,549 27,594
Provision for loan losses 650 1,800 1,200
Net interest income after provision for loan losses 31,324 27,749 26,394
Other operating income:      
Service charges on deposit accounts 2,006 2,245 2,466
Net gain on sale of available-for-sale securities 29 48 4
Net gain on sale of loans held-for-sale 785 589 1,213
Net gain on sale of other real estate owned 216 0 1
Other income 4,560 4,598 5,616
Total other operating income 7,596 7,480 9,300
Other operating expenses:      
Salaries and employee benefits 17,354 15,718 16,802
Occupancy and equipment 2,830 2,913 3,068
Data processing 1,666 1,700 1,624
Stationery and supplies 346 315 361
Advertising 311 344 374
Directors fees 297 261 221
Other real estate owned expense and impairment 1 141 12
(Recovery) loss on disposal of other equity investment (12) 50 0
Other expense 5,466 5,127 4,994
Total other operating expenses 28,259 26,569 27,456
Income before provision for income tax 10,661 8,660 8,238
Provision for income tax (3,740) (2,790) (2,854)
Net income 6,921 5,870 5,384
Preferred stock dividends (105) (129) (677)
Net income available to common shareholders $ 6,816 $ 5,741 $ 4,707
Basic income per share (in dollars per share) $ 0.64 $ 0.55 $ 0.45
Diluted income per share (in dollars per share) $ 0.64 $ 0.54 $ 0.45