XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income    
Loans, including fees $ 9,577 $ 8,639
Interest and dividends on investments:    
Taxable interest 513 531
Tax exempt interest 274 301
Dividend income 6 13
Deposits and obligations of other banks 118 62
Total interest income 10,488 9,546
Interest expense    
Deposits 795 566
Short-term borrowings   15
Total interest expense 795 581
Net interest income 9,693 8,965
Provision for loan losses 200 120
Net interest income after provision for loan losses 9,493 8,845
Noninterest income    
Investment and trust services fees 1,397 1,295
Loan service charges 231 147
Deposit service charges and fees 574 592
Other service charges and fees 333 324
Debit card income 385 375
Increase in cash surrender value of life insurance 128 131
Debt securities gains, net   2
Change in fair value of equity securities 45  
Other 55 59
Total noninterest income 3,148 2,925
Noninterest Expense    
Salaries and employee benefits 4,986 4,591
Occupancy, furniture and equipment, net 815 815
Advertising 427 247
Legal and professional 329 290
Data processing 596 541
Pennsylvania bank shares tax 239 243
FDIC Insurance 129 106
ATM/debit card processing 238 218
Foreclosed real estate 14 58
Telecommunications 109 100
Other 766 748
Total noninterest expense 8,648 7,957
Income before federal income taxes 3,993 3,813
Federal income tax expense 491 793
Net income $ 3,502 $ 3,020
Per share    
Basic earnings per share $ 0.80 $ 0.70
Diluted earnings per share 0.80 0.70
Cash dividends declared $ 0.24 $ 0.21