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Consolidated Statement of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
INTEREST AND DIVIDEND INCOME    
Interest and fees on loans $ 11,054 $ 9,180
Interest-bearing deposits in other institutions 119 49
Federal funds sold 14 3
Investment securities:    
Taxable interest 169 218
Tax-exempt interest 525 637
Dividends on stock 59 112
Total interest and dividend income 11,940 10,199
INTEREST EXPENSE    
Deposits 1,640 1,125
Short-term borrowings 276 177
Other borrowings 122 140
Total interest expense 2,038 1,442
NET INTEREST INCOME 9,902 8,757
Provision for loan losses 210 165
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 9,692 8,592
NONINTEREST INCOME    
Investment securities gains on sale, net [1] 488
Gain on equity securities [1] 18
Earnings on bank-owned life insurance [1] 112 109
Gain on sale of loans [1] 4 234
Total noninterest income 786 1,511
NONINTEREST EXPENSE    
Salaries and employee benefits 3,979 3,696
Occupancy expense 536 488
Equipment expense 233 281
Data processing costs 477 320
Ohio state franchise tax 115 186
Federal deposit insurance expense 150 68
Professional fees 445 373
Advertising expense 228 248
Core deposit intangible amortization 91 72
Merger expense 387
Other expense 1,091 1,148
Total noninterest expense 7,345 7,267
Income before income taxes 3,133 2,836
Income taxes 528 736
NET INCOME $ 2,605 $ 2,100
EARNINGS PER SHARE    
Basic (in dollars per share) $ 0.81 $ 0.78
Diluted (in dollars per share) 0.80 0.78
DIVIDENDS DECLARED PER SHARE (in dollars per share) $ 0.33 $ 0.27
Deposit Account [Member]    
NONINTEREST INCOME    
Noninterest income revenue $ 453 $ 469
Financial Service, Other [Member]    
NONINTEREST INCOME    
Noninterest income revenue $ 199 $ 211
[1] Not within scope of ASC 606.