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Summary Of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2018
Summary Of Significant Accounting Policies [Abstract]  
Schedule Of Mortgage Service Rights



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Three months ended

 

 

Nine months ended



 

September 30,

 

 

September 30,

(dollars in thousands)

 

2018

 

2017

 

 

2018

 

2017

Amortized cost:

 

 

 

 

 

 

 

 

 

Balance at beginning of period

$

808 

$

492 

 

$

672 

$

324 

Originations of mortgage servicing rights

 

104 

 

77 

 

 

297 

 

277 

Amortization expense

 

(36)

 

(20)

 

 

(93)

 

(52)

Balance at end of period

$

876 

$

549 

 

$

876 

$

549 



Schedule Of Computation Of Net Income Per Share



 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

Three months ended

 

Nine months ended

 



 

 

September 30,

 

September 30,

 



(in thousands, except per share data)

 

2018

 

2017

 

2018

 

2017

 



Net income

 

$

5,060 

 

$

3,410 

 

$

15,197 

 

$

10,514 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 



Weighted average shares outstanding (basic)

 

 

9,398 

 

 

9,325 

 

 

9,379 

 

 

9,308 

 



Effect of dilutive stock options

 

 

107 

 

 

103 

 

 

96 

 

 

105 

 



Weighted average shares outstanding (diluted)

 

 

9,505 

 

 

9,428 

 

 

9,475 

 

 

9,413 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 



Basic earnings per share

 

$

0.53 

 

$

0.37 

 

$

1.62 

 

$

1.13 

 



Diluted earnings per share

 

$

0.53 

 

$

0.36 

 

$

1.60 

 

$

1.11 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 



Anti-dilutive stock options excluded from the

 

 

 

 

 

 

 

 

 

 

 

 

 



computation of earnings per share

 

 

 

 

 

 

 

 

 



Schedule Of Supplemental Cash Flow Information



 

 

 

 



 

 

 

 



 

Nine months ended



 

September 30,

(dollars in thousands)

 

2018

 

2017

Cash paid during the period for:

 

 

 

 

Income taxes

$

3,115 

$

6,425 

Interest

$

11,128 

$

7,756 



 

 

 

 

Noncash investing activities:

 

 

 

 

Transfer of loans to foreclosed real estate

$

1,709 

$

Transfer of loans held for sale to the held-to-maturity portfolio

$

$

228 

Sale of foreclosed real estate through loans

$

$

2,310 

Increase in other liabilities for purchase of securities settling after quarter end

$

1,258 

$