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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest and dividend income:    
Loans $ 7,961 $ 7,382
Due from banks interest bearing accounts 332 269
Investment securities    
Taxable 1,102 782
Non-taxable 75 70
Other earning assets 108 84
Total interest and dividend income 9,578 8,587
Interest expense:    
Deposits 265 286
Total interest expense 265 286
Net interest income 9,313 8,301
Provision for loan losses 600 450
Net interest income after provision for loan losses 8,713 7,851
Non-interest income:    
Service charges on deposit accounts 418 520
Gains on sales of other real estate owned 0 4
Gains on sales of loans held-for-sale 147 110
Investment and brokerage services income 143 125
Mortgage brokerage income 13 0
Loan servicing income 150 116
Fiduciary activities income 125 113
Debit card income 467 465
(Losses) gains on sales/calls of available-for-sale securities (16) 14
Gain on sale-leaseback of real estate 1,187 0
Other income 211 218
Total non-interest income 2,845 1,685
Non-interest expenses:    
Salaries and employee benefits 4,751 4,185
Occupancy and equipment 696 723
Data processing 402 386
Stationery and supplies 70 93
Advertising 66 85
Directors' fees 59 59
Other real estate owned (recovery) expense (1) 1
Other expense 1,460 1,287
Total non-interest expenses 7,503 6,819
Income before provision for income taxes 4,055 2,717
Provision for income taxes 1,542 986
Net income $ 2,513 $ 1,731
Basic earnings per common share (in dollars per share) $ 0.23 $ 0.16
Diluted earnings per common share (in dollars per share) $ 0.22 $ 0.16