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Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income:        
Interest and fees on loans $ 6,773,000 $ 6,160,000 $ 19,192,000 $ 18,815,000
Interest on investment securities 987,000 1,168,000 3,242,000 3,569,000
Total interest income 7,760,000 7,328,000 22,434,000 22,384,000
Interest expense:        
Interest on deposits 532,000 557,000 1,568,000 1,721,000
Interest on borrowings 55,000 4,000 115,000 19,000
Total interest expense 587,000 561,000 1,683,000 1,740,000
Net interest income 7,173,000 6,767,000 20,751,000 20,644,000
Provision (reduction in reserve) for loan losses 680,000 (78,000) 1,383,000 (199,000)
Net interest income after provision (reduction in reserve) for loan losses 6,493,000 6,845,000 19,368,000 20,843,000
Non-interest income:        
Service and other charges on deposit accounts 463,000 465,000 1,306,000 1,391,000
Credit insurance income 256,000 150,000 570,000 339,000
Other income, net 589,000 375,000 1,503,000 1,258,000
Net gain on sales and prepayments of investment securities 259,000 6,000 657,000 367,000
Total non-interest income 1,567,000 996,000 4,036,000 3,355,000
Non-interest expense:        
Salaries and employee benefits 4,334,000 4,106,000 12,734,000 12,513,000
Net occupancy and equipment 830,000 744,000 2,381,000 2,347,000
Other real estate/foreclosure expense, net 124,000 247,000 370,000 814,000
Other expense 2,060,000 1,993,000 6,184,000 5,500,000
Total non-interest expense 7,348,000 7,090,000 21,669,000 21,174,000
Income before income taxes 712,000 751,000 1,735,000 3,024,000
Provision for income taxes 162,000 207,000 406,000 870,000
Net income $ 550,000 $ 544,000 $ 1,329,000 $ 2,154,000
Basic net income per share (in dollars per share) $ 0.09 $ 0.09 $ 0.22 $ 0.35
Diluted net income per share (in dollars per share) 0.09 0.09 0.21 0.34
Dividends per share (in dollars per share) $ 0.02 $ 0.02 $ 0.06 $ 0.06