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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest and dividend income:        
Loans, including fees $ 6,105 $ 5,935 $ 12,202 $ 11,649
Federal funds sold 74 39 93 74
Investment securities:        
Taxable 246 271 498 549
Tax exempt 76 86 157 171
Dividends 31 33 57 61
Total interest and dividend income 6,532 6,364 13,007 12,504
Interest expense:        
Demand and savings deposits 463 264 844 496
Certificates and other time deposits 586 262 1,045 402
Repurchase agreements and other borrowings 22 146 89 218
Total interest expense 1,071 672 1,978 1,116
Net interest income 5,461 5,692 11,029 11,388
Provision for (recovery of) loan losses (64) 701 620 605
Net interest income after provision for (recovery of) loan losses 5,525 4,991 10,409 10,783
Noninterest income:        
Trust income 402 427 749 841
Advisory and brokerage income 156 142 292 282
Royalty income 4 34 8 552
Deposit account fees 192 236 373 483
Debit/credit card and ATM fees 189 204 346 391
Earnings/increase in value of bank owned life insurance 466 111 576 220
Fees on mortgage sales 56 46 86 82
Gains on sales of securities 64 64
Losses on sales of other assets (33)
Other 171 107 265 203
Total noninterest income 1,700 1,307 2,759 3,021
Noninterest expense:        
Salaries and employee benefits 2,321 1,982 4,667 3,973
Net occupancy 444 449 923 930
Equipment 114 118 231 245
Data processing 330 295 646 547
Other 1,476 1,183 2,629 2,349
Total noninterest expense 4,685 4,027 9,096 8,044
Income before income taxes 2,540 2,271 4,072 5,760
Provision for income taxes 425 439 711 1,132
Net income $ 2,115 $ 1,832 $ 3,361 $ 4,628
Net income per common share, basic [1] $ 0.79 $ 0.69 $ 1.25 $ 1.74
Net income per common share, diluted [1] $ 0.79 $ 0.68 $ 1.25 $ 1.72
Weighted average common shares outstanding, basic [1] 2,688,005 2,666,120 2,683,122 2,663,842
Weighted average common shares outstanding, diluted [1] 2,688,965 2,688,345 2,687,391 2,685,704
[1] Share data has been retroactively adjusted to reflect the 5% stock dividend effective July 5, 2019.