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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest and dividend income:    
Loans $ 7,382 $ 6,358
Due from banks interest bearing accounts 269 156
Investment securities    
Taxable 782 741
Non-taxable 70 64
Other earning assets 84 76
Total interest and dividend income 8,587 7,395
Interest expense:    
Deposits 286 293
Total interest expense 286 293
Net interest income 8,301 7,102
Provision for loan losses 450 350
Net interest income after provision for loan losses 7,851 6,752
Other operating income:    
Service charges on deposit accounts 520 519
Gains on sales of other real estate owned 4 161
Gains on sales of loans held-for-sale 110 133
Investment and brokerage services income 125 144
Mortgage brokerage income 0 5
Loan servicing income 116 113
Fiduciary activities income 113 128
Debit card income 465 476
Gains on calls of available-for-sale securities 14 0
Other income 218 213
Total other operating income 1,685 1,892
Other operating expenses:    
Salaries and employee benefits 4,185 3,848
Occupancy and equipment 723 707
Data processing 386 411
Stationery and supplies 93 89
Advertising 85 80
Directors' fees 59 62
Other real estate owned expense 1 2
Other expense 1,287 1,160
Total other operating expenses 6,819 6,359
Income before provision for income taxes 2,717 2,285
Provision for income taxes 986 768
Net income 1,731 1,517
Preferred stock dividends 0 (32)
Net income available to common shareholders $ 1,731 $ 1,485
Basic earnings per common share (in dollars per share) $ 0.16 $ 0.14
Diluted earnings per common share (in dollars per share) $ 0.16 $ 0.14