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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest and Dividend Income:        
Loans, including fees $ 8,972 $ 8,865 $ 26,909 $ 25,448
Due from banks 257 68 425 94
Federal funds sold 10 5 23 15
Securities:        
Taxable 770 510 2,038 1,503
Tax-exempt 146 291 646 937
Dividends and interest on all other securities 53 64 176 192
Total interest and dividend income 10,208 9,803 30,217 28,189
Interest Expense:        
Checking and savings deposits 291 164 817 409
Time deposits 1,012 774 2,829 2,088
Federal funds purchased, securities sold under agreements to repurchase and other borrowings 32 41 105 93
Federal Home Loan Bank advances 321 320 1,024 931
Total interest expense 1,656 1,299 4,775 3,521
Net interest income 8,552 8,504 25,442 24,668
Provision for loan losses 0 749 1,013 1,849
Net interest income after provision for loan losses 8,552 7,755 24,429 22,819
Noninterest Income:        
Bank-owned life insurance income 201 202 591 584
Mortgage banking income 204 240 722 617
Gain on sale of available-for-sale securities, net 286 0 312 120
Total noninterest income 3,737 3,384 10,726 9,957
Noninterest Expense:        
Salaries and employee benefits 5,991 5,608 17,617 17,020
Occupancy and equipment 1,484 1,557 4,282 4,521
Data processing 460 317 1,243 993
Customer development 137 143 450 460
Professional services 652 482 1,726 1,507
Employee professional development 181 195 597 595
Other taxes 146 134 445 446
ATM and other losses 57 103 172 357
Loss (gain) on other real estate owned 0 0 (2) 86
Merger expenses 0 48 0 644
Other operating expenses 588 840 1,965 2,432
Total noninterest expense 9,696 9,427 28,495 29,061
Income before income taxes 2,593 1,712 6,660 3,715
Income tax expense 361 115 775 184
Net income $ 2,232 $ 1,597 $ 5,885 $ 3,531
Basic Earnings per Share:        
Weighted average shares outstanding (in shares) 5,198,634 5,182,181 5,195,912 5,127,090
Net income per share of common stock (in dollars per share) $ 0.43 $ 0.31 $ 1.13 $ 0.69
Diluted Earnings per Share:        
Weighted average shares outstanding (in shares) 5,198,656 5,182,181 5,195,962 5,127,113
Net income per share of common stock (in dollars per share) $ 0.43 $ 0.31 $ 1.13 $ 0.69
Fiduciary and Asset Management Fees [Member]        
Noninterest Income:        
Noninterest revenue $ 949 $ 904 $ 2,837 $ 2,803
Service Charges on Deposit Accounts [Member]        
Noninterest Income:        
Noninterest revenue 1,001 1,095 3,082 3,043
Other Service Charges, Commissions and Fees [Member]        
Noninterest Income:        
Noninterest revenue 1,047 873 2,998 2,668
Other Operating Income [Member]        
Noninterest Income:        
Noninterest revenue $ 49 $ 70 $ 184 $ 122