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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest and dividend income:    
Loans $ 9,612 $ 8,806
Due from banks interest bearing accounts 641 517
Investment securities    
Taxable 1,633 1,308
Non-taxable 50 39
Other earning assets 115 105
Total interest and dividend income 12,051 10,775
Interest expense:    
Deposits 371 263
Total interest expense 371 263
Net interest income 11,680 10,512
Provision for loan losses 0 525
Net interest income after provision for loan losses 11,680 9,987
Non-interest income:    
Service charges on deposit accounts 480 488
Gains on sales of loans held-for-sale 115 69
Investment and brokerage services income 149 161
Mortgage brokerage income 59 6
Loan servicing income 90 106
Debit card income 491 502
Other income 475 472
Total non-interest income 1,859 1,804
Non-interest expenses:    
Salaries and employee benefits 5,372 5,317
Occupancy and equipment 654 715
Data processing 603 530
Stationery and supplies 62 99
Advertising 68 88
Directors' fees 45 65
Other real estate owned expense 56 0
Other expense 1,158 1,180
Total non-interest expenses 8,018 7,994
Income before provision for income taxes 5,521 3,797
Provision for income taxes 1,536 1,064
Net income $ 3,985 $ 2,733
Basic earnings per common share (in dollars per share) $ 0.33 $ 0.23
Diluted earnings per common share (in dollars per share) $ 0.32 $ 0.22