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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest income        
Loans, including fees $ 9,130 $ 8,343 $ 26,808 $ 24,394
Interest and dividends on investments:        
Taxable interest 509 569 1,558 1,729
Tax exempt interest 275 355 861 1,079
Dividend income 2 2 23 12
Deposits and obligations of other banks 147 79 297 220
Total interest income 10,063 9,348 29,547 27,434
Interest expense        
Deposits 629 559 1,785 1,650
Short-term borrowings   4 15 6
Total interest expense 629 563 1,800 1,656
Net interest income 9,434 8,785 27,747 25,778
Provision for loan losses 250 1,150 420 3,325
Net interest income after provision for loan losses 9,184 7,635 27,327 22,453
Noninterest income        
Investment and trust services fees 1,353 1,211 3,991 3,683
Loan service charges 201 102 657 518
Deposit service charges and fees 611 635 1,789 1,815
Other service charges and fees 340 325 996 941
Debit card income 325 373 1,062 1,095
Increase in cash surrender value of life insurance 130 131 391 399
Net loss on sale of other real estate owned (23) (20) (23) (31)
OTTI losses on debt securities   (10)   (30)
Securities gains, net 1   3 4
Other 33 56 186 219
Total noninterest income 2,971 2,803 9,052 8,613
Noninterest Expense        
Salaries and employee benefits 4,694 4,566 14,190 13,282
Occupancy, furniture and equipment, net 809 777 2,386 2,363
Advertising 332 296 873 839
Legal and professional 502 423 1,173 1,114
Data processing 567 539 1,643 1,540
Pennsylvania bank shares tax 243 203 728 699
FDIC Insurance 82 188 281 514
ATM/debit card processing 190 214 630 642
Foreclosed real estate 24 18 95 93
Telecommunications 106 91 308 300
Other 756 665 2,116 2,119
Total noninterest expense 8,305 7,980 24,423 23,505
Income before federal income taxes 3,850 2,458 11,956 7,561
Federal income tax expense 774 383 2,517 1,198
Net income $ 3,076 $ 2,075 $ 9,439 $ 6,363
Per share        
Basic earnings per share $ 0.71 $ 0.48 $ 2.18 $ 1.48
Diluted earnings per share 0.70 0.48 2.17 1.48
Cash dividends declared $ 0.24 $ 0.21 $ 0.69 $ 0.61