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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest Income:    
Interest and fees on loans $ 5,068 $ 4,912
Interest and dividends on investment securities: Taxable 682 735
Interest and dividends on investment securities: Exempt from federal taxes 334 342
Interest on cash and cash equivalents 21 7
Total interest and dividend income 6,105 5,996
Interest Expense:    
Interest on NOW, money market and savings 164 149
Interest on time deposits 117 109
Interest on brokered deposits 62 24
Interest on FHLB advances 94 194
Interest on repurchase agreements 11 9
Interest on junior subordinated debentures 81 74
Interest on Subordinated Debt 104 30
Interest on other borrowings 17 17
Total interest expense 650 606
Net interest income 5,455 5,390
Provision for credit losses 330 300
Net interest income after provision for credit losses 5,125 5,090
Non-interest Income:    
Service charges 307 296
Wealth management 397 352
Mortgage banking 32 38
Increase in cash surrender value of BOLI 55 55
Gains on sale of investment securities, net 31 53
Gain on sale of loans 39 231
Gain from insurance proceeds 1,150  
Other fees 318 310
Total non-interest income 2,329 1,335
Non-interest Expense:    
Salaries and employee benefits 3,126 2,644
Furniture and equipment 329 302
Occupancy 468 603
Professional and consulting 497 328
Advertising and marketing 183 169
Printing and supplies 33 48
FDIC insurance 129 123
PA shares tax 162 150
Telecommunications 61 61
Postage 21 23
Other expenses 409 373
Total non-interest expense 5,418 4,824
Income before income tax expense 2,036 1,601
Income tax expense 480 349
Net income 1,556 1,252
Preferred stock dividends and accretion of discount   26
Net income available to common shareholders $ 1,556 $ 1,226
Earnings per common share:    
Basic $ 0.55 $ 0.44
Diluted 0.54 0.43
Cash dividends per common share $ 0.07 $ 0.07
Weighted average common shares outstanding:    
Basic 2,832,521 2,786,012
Diluted 2,869,119 2,832,869