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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income        
Loans, including fees $ 19,580 $ 16,997 $ 55,723 $ 48,493
Investment securities:        
Taxable 568 620 1,702 1,922
Tax-exempt 261 297 817 946
Dividends 100 78 318 236
Other 287 71 663 266
Total interest income 20,796 18,063 59,223 51,863
Interest expense        
Deposits 3,581 2,071 9,283 5,826
Federal funds purchased and other short-term borrowings 15 71 48 263
Long-term debt 768 629 2,036 1,794
Total interest expense 4,364 2,771 11,367 7,883
Net interest income 16,432 15,292 47,856 43,980
Provision for loan losses 1,300 2,100 1,800 3,575
Net interest income after provision for loan losses 15,132 13,192 46,056 40,405
Noninterest income        
Trust and investment services fees 818 738 2,389 2,138
Income from mutual fund, annuity and insurance sales 255 214 806 620
Service charges on deposit accounts 1,187 1,057 3,485 3,078
Income from bank owned life insurance 248 257 730 779
Other income 364 276 1,221 817
Gain on sales of loans held for sale 435 252 1,436 823
Gain on sales of securities 0 16 0 79
Total noninterest income 3,307 2,810 10,067 8,334
Noninterest expense        
Personnel 7,159 6,366 21,855 19,501
Occupancy of premises, net 860 793 2,556 2,471
Furniture and equipment 701 724 2,262 2,115
Postage, stationery and supplies 196 181 560 572
Professional and legal 286 294 609 616
Marketing 373 459 1,200 1,156
FDIC insurance 189 163 493 537
Debit card processing 318 294 902 780
Charitable donations 119 148 1,792 982
Telecommunications 119 204 500 608
External data processing 579 405 1,563 1,252
Foreclosed real estate including provision for (recovery of) losses 13 10 33 (18)
Other 1,090 945 2,557 2,644
Total noninterest expense 12,002 10,986 36,882 33,216
Income before income taxes 6,437 5,016 19,241 15,523
Provision for income taxes 1,377 1,606 4,044 5,009
Net income $ 5,060 $ 3,410 $ 15,197 $ 10,514
Net income per share, basic $ 0.53 $ 0.37 $ 1.62 $ 1.13
Net income per share, diluted $ 0.53 $ 0.36 $ 1.60 $ 1.11