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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Interest and Dividend Income:    
Interest and fees on loans $ 24,944 $ 20,082
Interest and dividends on investment securities: Taxable 2,896 2,955
Interest and dividends on investment securities: Exempt from federal taxes 1,210 1,399
Interest on cash and cash equivalents 129 42
Total interest and dividend income 29,179 24,478
Interest Expense:    
Interest on NOW, money market and savings 1,004 590
Interest on time deposits 706 396
Interest on brokered deposits 301 179
Interest on FHLBP advances 451 787
Interest on repurchase agreements 40 51
Interest on junior subordinated debentures 344 301
Interest on subordinated debt 414 341
Interest on other borrowings 64 67
Total interest expense 3,324 2,712
Net interest income 25,855 21,766
Provision for credit losses 730 1,105
Net interest income after provision for credit losses 25,125 20,661
Non-interest Income:    
Service charges 1,146 1,131
Wealth management 1,634 1,485
Mortgage banking, net 282 171
Increase in cash surrender value of BOLI 226 228
Gain from insurance proceeds 1,180 120
Gains on sale of investment securities, net 431 78
Gains on sale of loans 39 484
Other fees 1,426 1,312
Total non-interest income 6,364 5,009
Non-interest Expense:    
Salaries and employee benefits 12,299 10,551
Furniture and equipment 1,493 1,239
Occupancy 2,083 1,919
Professional and consulting 1,339 1,185
Advertising and marketing 707 631
Printing and supplies 191 161
FDIC insurance 507 497
PA shares tax 634 602
Telecommunications 297 245
Loss on sale or write down of OREO, net 644 134
Due diligence and merger expense 2,241  
Other expenses 2,206 1,865
Total non-interest expense 24,641 19,029
Income before income tax expense 6,848 6,641
Income tax expense 1,869 1,503
Net income 4,979 5,138
Preferred stock dividends   50
Net income available to common shareholders $ 4,979 $ 5,088
Earnings per common share:    
Basic $ 1.56 $ 1.82
Diluted 1.55 1.79
Cash dividends per common share $ 0.28 $ 0.28
Weighted average common shares outstanding:    
Basic 3,186,079 2,801,881
Diluted 3,218,884 2,847,488