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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
INTEREST INCOME      
Interest and fees on loans $ 16,909 $ 16,120 $ 15,993
Interest and dividends on investment securities:      
Taxable interest 2,343 2,677 2,498
Nontaxable interest 1,716 1,721 1,408
Dividends 126 126 131
Other interest income 19 21 30
Total interest income 21,113 20,665 20,060
INTEREST EXPENSE      
Deposits 1,668 1,694 2,102
Other short-term borrowings 4 3 3
Federal Home Loan Bank advances - short term 40 156 7
Federal Home Loan Bank advances - long term 804 943 1,202
Subordinated debt 91 88 90
Total interest expense 2,607 2,884 3,404
Net interest income 18,506 17,781 16,656
PROVISION FOR LOAN LOSSES (Note 3) 455 1,638 650
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 18,051 16,143 16,006
NON-INTEREST INCOME      
Fees for customer services 2,027 2,007 1,935
Investment securities available-for-sale gains, net 75 588 535
Trading security (losses) gains, net (11) 327 185
Impairment losses on investment securities:      
Total other-than-temporary impairment losses     1,641
Portion of gains recognized in other comprehensive income (before tax)     (3,595)
Net impairment losses recognized in earnings     (1,954)
Mortgage banking gains, net 785 440 1,491
Earnings on bank-owned life insurance 338 336 324
Wealth management income 435 313 218
Other non-interest income 260 116 11
Total non-interest income 3,909 4,127 2,745
NON-INTEREST EXPENSES      
Salaries and employee benefits 9,311 9,147 9,844
Net occupancy and equipment expense 2,019 1,912 1,896
State and local taxes 389 341 555
FDIC insurance expense 304 309 391
Professional fees 830 815 806
Advertising and marketing expenses 454 277 240
Other operating expenses 3,056 2,698 3,147
Total non-interest expenses 16,363 15,499 16,879
INCOME BEFORE FEDERAL INCOME TAX EXPENSE 5,597 4,771 1,872
Federal income tax expense (Note 10) 1,219 902 88
NET INCOME $ 4,378 $ 3,869 $ 1,784
EARNINGS PER SHARE (Note 1) $ 0.97 $ 0.85 $ 0.39
CASH DIVIDENDS DECLARED PER SHARE $ 0.24 $ 0.18 $ 0.12