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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest and Dividend Income:    
Interest and fees on loans $ 7,895 $ 6,780
Interest on due from banks 4 5
Interest on federal funds sold 2 3
Interest on securities:    
Taxable 494 496
Tax-exempt 344 427
Dividends and interest on all other securities 60 14
Total interest and dividend income 8,799 7,725
Interest Expense:    
Interest on savings deposits 104 64
Interest on time deposits 616 519
Interest on federal funds purchased, securities sold under agreements to repurchase and other borrowings 10 5
Interest on Federal Home Loan Bank advances 324 0
Total interest expense 1,054 588
Net interest income 7,745 7,137
Provision for loan losses 525 650
Net interest income, after provision for loan losses 7,220 6,487
Noninterest Income:    
Fiduciary and asset management fees 983 966
Service charges on deposit accounts 870 927
Other service charges, commissions and fees 1,067 1,016
Bank-owned life insurance income 209 198
Mortgage banking income 141 6
Gain on sale of available-for-sale securities, net 80 0
Other operating income 5 50
Total noninterest income 3,355 3,163
Noninterest Expense:    
Salaries and employee benefits 5,477 5,097
Occupancy and equipment 1,477 1,449
Data processing 516 414
FDIC insurance 191 96
Customer development 182 144
Professional services 488 373
Employee professional development 192 236
Loan related expenses 126 60
Other taxes 170 143
ATM and other losses 97 177
Merger expenses 205 0
Other operating expenses 508 517
Total noninterest expense 9,629 8,706
Income before income taxes 946 944
Income tax expense 4 2
Net income $ 942 $ 942
Basic earnings per share:    
Weighted average shares outstanding (in shares) 5,020,075 4,977,267
Net income per share of common stock (in dollars per share) $ 0.19 $ 0.19
Diluted earnings per share:    
Weighted average shares outstanding (in shares) 5,020,146 4,991,864
Net income per share of common stock (in dollars per share) $ 0.19 $ 0.19