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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
INTEREST INCOME      
Interest and fees on loans $ 23,823 $ 19,243 $ 18,554
Interest and dividends on investment securities:      
Taxable interest 2,118 2,098 2,026
Nontaxable interest 1,494 1,922 1,814
Dividends 152 131 117
Other interest income 162 98 44
Total interest and dividend income 27,749 23,492 22,555
INTEREST EXPENSE      
Deposits 3,527 2,571 2,093
Short-term borrowings 6 7 7
Federal Home Loan Bank advances - short term 374 175 73
Federal Home Loan Bank advances - long term 287 299 633
Subordinated debt 189 138 112
Total interest expense 4,383 3,190 2,918
Net interest income 23,366 20,302 19,637
PROVISION FOR LOAN LOSSES (Note 3) 725 100 50
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 22,641 20,202 19,587
NON-INTEREST INCOME      
Fees for customer services 2,273 2,241 2,103
Investment securities available-for-sale (losses) gains, net (Note 2) (21) 7 466
Trading security losses, net (Note 2)     (47)
Mortgage banking gains, net 974 1,074 1,248
Earnings on bank-owned life insurance 1,869 1,203 328
Wealth management 39 35 95
Other real estate gains   170 13
Other non-interest income 558 436 391
Total non-interest income 5,692 5,166 4,597
NON-INTEREST EXPENSES      
Salaries and employee benefits 10,260 10,631 10,169
Occupancy and equipment 2,232 2,331 2,151
State and local taxes 493 463 455
FDIC insurance 176 199 251
Professional fees 879 786 882
Advertising and marketing 322 478 527
Net losses from the extinguishment of debt     242
Data processing fees 250 251 250
Other operating expenses 3,471 3,462 3,259
Total non-interest expenses 18,083 18,601 18,186
INCOME BEFORE FEDERAL INCOME TAX EXPENSE 10,250 6,767 5,998
Federal income tax expense (Note 10) 1,415 2,417 1,127
NET INCOME $ 8,835 $ 4,350 $ 4,871
EARNINGS PER SHARE BASIC AND DILUTED (Note 1) $ 2.03 $ 0.99 $ 1.11
CASH DIVIDENDS DECLARED PER SHARE $ 0.49 $ 0.39 $ 0.28