XML 19 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest and dividend income      
Interest and fees on loans $ 23,531 $ 23,416 $ 23,334
Interest on debt securities:      
Taxable 950 817 543
Tax exempt 436 367 283
Dividends 43 68 63
Interest on federal funds sold and overnight deposits 15 24 32
Interest on interest bearing deposits in banks 169 160 226
Total interest and dividend income 25,144 24,852 24,481
Interest expense      
Interest on deposits 1,682 1,746 1,943
Interest on short-term borrowed funds 9 5 12
Interest on long-term borrowed funds 334 404 504
Total interest expense 2,025 2,155 2,459
Net interest income 23,119 22,697 22,022
Provision for loan losses 550 345 305
Net interest income after provision for loan losses 22,569 22,352 21,717
Noninterest income      
Trust income 719 726 644
Service fees 5,568 5,354 5,059
Net gains (losses) on sales of investment securities available-for-sale 53 315 (1)
Net gains on sales of loans held for sale 2,871 2,097 2,305
Other income 581 417 502
Total noninterest income 9,792 8,909 8,509
Noninterest expenses      
Salaries and wages 9,517 8,916 8,964
Pension and other employee benefits 2,977 2,725 2,777
Occupancy expense, net 1,279 1,199 1,156
Equipment expense 1,875 1,674 1,597
Other expenses 6,656 7,080 6,735
Total noninterest expenses 22,304 21,594 21,229
Income before provision for income taxes 10,057 9,667 8,997
Provision for income taxes 2,179 1,973 1,862
Net income $ 7,878 $ 7,694 $ 7,135
Earnings per common share $ 1.77 $ 1.73 $ 1.60
Dividends per common share $ 1.08 $ 1.04 $ 1.01