XML 47 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest and dividend income:        
Loans, including fees $ 3,832 $ 3,100 $ 10,623 $ 9,396
Federal funds sold 13 23 42 64
Investment securities:        
Taxable 452 545 1,584 1,595
Tax exempt 108 118 333 358
Dividends 21 20 62 62
Other 4 6 17 12
Total interest and dividend income 4,430 3,812 12,661 11,487
Demand and savings deposits 68 53 183 152
Certificates and other time deposits 174 173 512 511
Federal funds purchased and securities sold under agreements to repurchase 12 9 37 27
Total interest expense 254 235 732 690
Net interest income 4,176 $ 3,577 11,929 10,797
Interest expense:        
Provision for (recovery of) loan losses 88 405 (118)
Net interest income after provision for (recovery of) loan losses 4,088 $ 3,577 11,524 10,915
Noninterest income:        
Trust income 410 444 1,304 1,404
Customer service fees 247 217 714 656
Debit/credit card and ATM fees 207 186 606 543
Earnings on bank owned life insurance 112 $ 112 330 328
Gains on sales of securities 23 69 16
Royalty income 48 $ 42 129 80
Fees on mortgage sales 56 10 150 19
Other 119 144 359 336
Total noninterest income 1,222 1,155 3,661 3,382
Noninterest expense:        
Salaries and employee benefits 2,162 2,357 6,693 6,949
Net occupancy 483 495 1,462 1,478
Equipment 138 126 404 393
Other 1,361 1,278 3,878 3,875
Total noninterest expense 4,144 4,256 12,437 12,695
Income before income taxes 1,166 476 2,748 1,602
Provision for income taxes 327 94 727 269
Net income $ 839 $ 382 $ 2,021 $ 1,333
Earnings per common share, basic $ 0.34 $ 0.14 $ 0.79 $ 0.49
Earnings per common share, diluted $ 0.34 $ 0.14 $ 0.79 $ 0.49