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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest and dividend income:    
Loans and fees on loans $ 4,904 $ 4,624
Taxable investment securities 291 240
Nontaxable investment securities 59 87
Dividends on restricted stock 35 32
Other interest income 50 42
Total interest and dividend income 5,339 5,025
Interest expense:    
Deposits 577 554
Subordinated notes 134 134
Other borrowed funds 72 53
Total interest expense 783 741
Net interest income 4,556 4,284
Provision for loan losses 237 70
Net interest income after provision for loan losses 4,319 4,214
Noninterest income:    
Gains on sales of investment securities, net 60 13
Income from life insurance death benefit 630
Other income 142 150
Total noninterest income 1,387 697
Noninterest expense:    
Salaries and employee benefits 2,219 1,989
Occupancy and equipment expense 430 415
Data processing expense 423 327
ATM processing expense 17 62
Advertising and marketing expense 181 130
Professional fees 109 233
Bank franchise taxes 101 100
FDIC insurance expense 82 32
(Gains) losses on sales and writedowns of other real estate, net 158
Other real estate owned expense 141 13
Directors’ fees 105 102
Other expense 391 389
Total noninterest expense 4,357 3,792
Net income before income taxes 1,349 1,119
Income tax expense 147 342
Net income 1,202 777
Less net income attributable to non-controlling interest 12 12
Net income attibutable to HomeTown Bankshares Corporation $ 1,190 $ 765
Basic earnings per common share (in dollars per share) $ 0.21 $ 0.13 [1]
Diluted earnings per common share (in dollars per share) $ 0.20 $ 0.13 [1]
Weighted average common shares outstanding (in shares) 5,795,005 5,763,383 [1]
Diluted weighted average common shares outstanding (in shares) 5,840,667 5,783,573 [1]
Deposit Account [Member]    
Noninterest income:    
Revenue from Contract with Customer $ 133 $ 149
Financial Service, Other [Member]    
Noninterest income:    
Revenue from Contract with Customer 227 178
Mortgage Banking [Member]    
Noninterest income:    
Revenue from Contract with Customer $ 195 $ 207
[1] Restated for the 4% stock dividend distributed July 11, 2016