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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest and dividend income:      
Interest and fees on loans $ 37,189 $ 33,115 $ 30,697
Due from banks interest bearing accounts 2,267 1,500 891
Investment securities:      
Taxable 5,500 4,762 3,582
Non-taxable 143 257 276
Other earning assets 518 383 521
Total interest and dividend income 45,617 40,017 35,967
Interest expense:      
Time deposits over $250,000 78 78 67
Other deposits 1,190 1,001 1,090
Total interest expense 1,268 1,079 1,157
Net interest income 44,349 38,938 34,810
Provision for loan losses 2,100 600 1,800
Net interest income after provision for loan losses 42,249 38,338 33,010
Non-interest income:      
Service charges on deposit accounts 1,994 1,957 2,011
Net loss on sale of available-for-sale securities (20) (14) (1)
Net gain on sale of loans held-for-sale 337 512 842
Net gain on sale of other real estate owned 0 0 4
Gain on sale-leaseback of real estate 0 1,187 0
Other income 4,898 4,486 4,422
Total non-interest income 7,209 8,128 7,278
Non-interest expenses:      
Salaries and employee benefits 20,795 18,284 16,771
Occupancy and equipment 2,775 2,862 2,943
Data processing 2,190 1,808 1,570
Stationery and supplies 389 332 345
Advertising 373 328 308
Directors fees 296 309 291
Other real estate owned expense and impairment 23 6 2
Other expense 5,322 5,471 5,122
Total non-interest expenses 32,163 29,400 27,352
Income before provision for income tax 17,295 17,066 12,936
Provision for income tax (4,744) (8,318) (4,885)
Net income $ 12,551 $ 8,748 $ 8,051
Basic income per share (in dollars per share) $ 1.04 $ 0.72 $ 0.67
Diluted income per share (in dollars per share) $ 1.02 $ 0.71 $ 0.66