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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income      
Loans, including fees $ 37,342 $ 31,866 $ 30,537
Taxable securities 4,880 4,399 3,886
Tax exempt securities 383 571 620
Federal funds sold and other 856 686 559
43,461 37,522 35,602
Interest expense      
Deposits 7,549 5,190 5,093
Federal Home Loan Bank advances 867 120 70
Senior debt 389 194
Junior subordinated debentures 946 753 671
Subordinated capital note 39 148 147
9,790 6,405 5,981
Net interest income 33,671 31,117 29,621
Negative provision for loan losses (500) (800) (2,450)
Net interest income after negative provision for loan losses 34,171 31,917 32,071
Non-interest income      
Income from bank owned life insurance 437 412 417
Other real estate owned rental income 456
Net gain (loss) on sales and calls of investment securities (6) 288 216
Other 1,162 930 868
5,779 5,404 5,218
Non-interest expense      
Salaries and employee benefits 15,489 15,090 15,508
Occupancy and equipment 3,586 3,420 3,517
FDIC insurance 557 1,412 1,660
Data processing expense 1,192 1,256 1,185
Marketing expense 1,114 1,098 973
State franchise and deposit tax 1,118 956 965
Deposit account related expense 823 896 787
Professional fees 814 978 1,568
Communications 701 722 706
Insurance expense 478 540 565
Postage and delivery 364 395 359
Litigation and loan collection expense 245 179 8,805
Other real estate owned expense 868 1,973 1,541
Other 1,777 1,852 1,882
29,126 30,767 40,021
Income (loss) before income taxes 10,824 6,554 (2,732)
Income tax expense (benefit) 2,030 (31,899) 21
Net income (loss) $ 8,794 $ 38,453 $ (2,753)
Basic and diluted income (loss) per common share (in dollars per share) $ 1.23 $ 6.15 $ (0.46)
Deposit Account [Member]      
Non-interest income      
Non-interest income revenue $ 2,355 $ 2,253 $ 1,958
Debit Card [Member]      
Non-interest income      
Non-interest income revenue $ 1,831 $ 1,521 $ 1,303