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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Interest and dividend income:    
Loans and fees on loans $ 20,820 $ 18,973
Taxable investment securities 1,102 1,031
Nontaxable investment securities 229 308
Dividends on restricted stock 151 132
Other interest income 188 225
Total interest and dividend income 22,490 20,669
Interest expense:    
Deposits 2,841 2,282
Subordinated notes 536 537
Other borrowed funds 323 227
Total interest expense 3,700 3,046
Net interest income 18,790 17,623
Provision for loan losses 561 1,142
Net interest income after provision for loan losses 18,229 16,481
Noninterest income:    
Gains on sales of investment securities, net 60 69
Income from life insurance death benefit 642
Other income 651 874
Total noninterest income 3,698 3,283
Noninterest expense:    
Salaries and employee benefits 8,648 8,098
Occupancy and equipment expense 1,676 1,650
Data processing expense 1,498 1,314
ATM maintenance expense 90 197
Advertising and marketing expense 606 537
Professional fees 421 588
Bank franchise taxes 419 399
FDIC insurance expense 235 248
Losses on sales and write-downs of other real estate owned, net 334 581
Other real estate owned expense 280 106
Directors’ fees 392 410
Merger-related expense 788
Other expense 1,697 1,839
Total noninterest expense 17,084 15,967
Net income before income taxes 4,843 3,797
Income tax expense 845 1,228
Net income 3,998 2,569
Less net income attributable to non-controlling interest 44 73
Net income attributable to HomeTown Bankshares Corporation $ 3,954 $ 2,496
Basic earnings per common share (in dollars per share) $ 0.68 $ 0.43 [1]
Diluted earnings per common share (in dollars per share) $ 0.68 $ 0.43 [1]
Weighted average common shares outstanding (in shares) 5,805,654 5,769,752 [1]
Diluted weighted average common shares outstanding (in shares) 5,853,277 5,804,382 [1]
Deposit Account [Member]    
Noninterest income:    
Revenue from Contract with Customer $ 578 $ 544
Financial Service, Other [Member]    
Noninterest income:    
Revenue from Contract with Customer 1,055 837
Mortgage Banking [Member]    
Noninterest income:    
Revenue from Contract with Customer $ 712 $ 959
[1] Restated for the 4% stock dividend distributed July 11, 2016