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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest and Dividend Income:        
Loans, including fees $ 9,075 $ 8,688 $ 17,937 $ 16,583
Due from banks 111 22 168 26
Federal funds sold 6 8 13 10
Securities:        
Taxable 648 499 1,268 993
Tax-exempt 234 302 500 646
Dividends and interest on all other securities 59 75 123 135
Total interest and dividend income 10,133 9,594 20,009 18,393
Interest Expense:        
Checking and savings deposits 275 141 526 245
Time deposits 947 698 1,817 1,314
Federal funds purchased, securities sold under agreements to repurchase and other borrowings 36 42 73 52
Federal Home Loan Bank advances 344 287 703 611
Total interest expense 1,602 1,168 3,119 2,222
Net interest income 8,531 8,426 16,890 16,171
Provision for loan losses 787 575 1,013 1,100
Net interest income after provision for loan losses 7,744 7,851 15,877 15,071
Noninterest Income:        
Bank-owned life insurance income 198 173 390 382
Mortgage banking income 302 236 518 377
Gain on sale of available-for-sale securities, net 0 40 26 120
Total noninterest income 3,573 3,424 6,989 6,566
Noninterest Expense:        
Salaries and employee benefits 5,927 5,935 11,626 11,412
Occupancy and equipment 1,405 1,487 2,798 2,964
Data processing 420 373 783 676
FDIC insurance 131 186 258 377
Customer development 151 135 313 317
Professional services 560 537 1,074 1,025
Employee professional development 230 208 416 400
Other taxes 149 142 299 312
ATM and other losses 53 157 115 254
Loss (gain) on other real estate owned 0 86 (2) 86
Merger expenses 0 391 0 596
Other operating expenses 482 581 1,119 1,215
Total noninterest expense 9,508 10,218 18,799 19,634
Income before income taxes 1,809 1,057 4,067 2,003
Income tax expense 183 65 414 69
Net income $ 1,626 $ 992 $ 3,653 $ 1,934
Basic Earnings per Share:        
Weighted average shares outstanding (in shares) 5,202,166 5,177,233 5,194,529 5,099,008
Net income per share of common stock (in dollars per share) $ 0.31 $ 0.19 $ 0.70 $ 0.38
Diluted Earnings per Share:        
Weighted average shares outstanding (in shares) 5,202,196 5,177,233 5,194,594 5,099,124
Net income per share of common stock (in dollars per share) $ 0.31 $ 0.19 $ 0.70 $ 0.38
Fiduciary and Asset Management Fees [Member]        
Noninterest Income:        
Noninterest revenue $ 929 $ 916 $ 1,888 $ 1,899
Service Charges on Deposit Accounts [Member]        
Noninterest Income:        
Noninterest revenue 1,028 1,078 2,081 1,948
Other Service Charges, Commissions and Fees [Member]        
Noninterest Income:        
Noninterest revenue 1,026 941 1,951 1,795
Other Operating Income [Member]        
Noninterest Income:        
Noninterest revenue $ 90 $ 40 $ 135 $ 45