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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest and Dividend Income:      
Interest and fees on loans $ 29,191 $ 26,322 $ 25,972
Interest on due from banks 15 48 15
Interest on federal funds sold 8 6 2
Interest on securities:      
Taxable 1,964 1,802 2,510
Tax-exempt 1,601 1,535 1,663
Dividends and interest on all other securities 155 113 133
Total interest and dividend income 32,934 29,826 30,295
Interest Expense:      
Interest on savings deposits 342 227 227
Interest on time deposits 2,208 2,116 2,144
Interest on federal funds purchased, securities sold under agreements to repurchase and other borrowings 38 25 30
Interest on Federal Home Loan Bank advances 424 206 1,231
Total interest expense 3,012 2,574 3,632
Net interest income 29,922 27,252 26,663
Provision for loan losses 4,160 1,930 1,025
Net interest income, after provision for loan losses 25,762 25,322 25,638
Noninterest Income:      
Fiduciary and asset management fees 3,786 3,560 3,617
Service charges on deposit accounts 3,874 4,052 4,021
Other service charges, commissions and fees 4,182 3,940 4,084
Bank-owned life insurance income 774 795 885
Mortgage banking income 645 413 259
Gain on sale of available-for-sale securities, net 96 522 76
Gain on acquisition of Old Point Mortgage 550 0 0
Other operating income 151 184 194
Total noninterest income 14,058 13,466 13,136
Noninterest Expense:      
Salaries and employee benefits 20,863 19,878 20,747
Pension termination settlement 3,350 0 0
Occupancy and equipment 5,864 5,575 5,330
Data processing 1,783 1,620 1,625
FDIC insurance 478 483 586
Customer development 575 612 584
Professional services 2,069 2,122 1,413
Employee professional development 794 659 591
Loan related expenses 616 192 146
Other taxes 563 505 439
Prepayment fee on Federal Home Loan Bank advance 0 391 0
Loss (gain) on other real estate owned (18) 154 957
Merger expenses 241 0 0
Other operating expenses 2,768 2,640 2,668
Total noninterest expense 39,946 34,831 35,086
Income (loss) before income taxes (126) 3,957 3,688
Income tax expense (benefit) (97) 160 54
Net income (loss) $ (29) $ 3,797 $ 3,634
Basic earnings (loss) per share:      
Weighted average shares outstanding (in shares) 4,991,060 4,959,173 4,959,009
Net income (loss) per share of common stock (in dollars per share) $ (0.01) $ 0.77 $ 0.73
Diluted earnings (loss) per share:      
Weighted average shares outstanding (in shares) 4,991,060 4,960,934 4,959,009
Net income (loss) per share of common stock (in dollars per share) $ (0.01) $ 0.77 $ 0.73