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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest and Dividend Income    
Interest and fees on loans $ 8,715 $ 6,750
Interest and dividends on securities 608 599
Other income 35 4
Total interest and dividend income 9,358 7,353
Interest Expense    
Interest expense on deposits 1,382 829
Interest expense on borrowings 406 133
Total interest expense 1,788 962
Net interest income 7,570 6,391
Provision for loan losses 780 525
Net interest income after provision for loan losses 6,790 5,866
Noninterest Income    
Service charges on deposit accounts 698 594
Net realized loss on sales and calls of securities   (1)
Net gain on sales of loans 56 148
Increase in cash surrender value of life insurance 100 99
Other real estate owned income 10 10
Investment advisory income 213 148
Other 187 250
Total noninterest income 1,264 1,248
Noninterest Expenses    
Salaries and employee benefits 3,888 3,484
Occupancy 895 902
Data processing 307 274
Professional fees 266 194
Advertising 155 180
FDIC deposit insurance and other insurance 141 175
Other real estate owned expense 39 57
Amortization of intangible assets 11 11
Other 1,216 1,089
Total noninterest expenses 6,918 6,366
Income before income taxes 1,136 748
Provision for income taxes 225 132
Net income $ 911 $ 616
Earnings per common share:    
Basic (in dollars per share) $ 0.09  
Diluted (in dollars per share) $ 0.09  
Weighted average shares outstanding (in shares) 10,699,592