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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
INTEREST INCOME    
Loans $ 10,246 $ 8,730
Interest bearing deposits at banks 12 11
Securities:    
Taxable 436 377
Non-taxable 224 238
Total interest income 10,918 9,356
INTEREST EXPENSE    
Deposits 1,116 959
Other borrowings 58 50
Junior subordinated debentures 100 87
Total interest expense 1,274 1,096
NET INTEREST INCOME 9,644 8,260
(CREDIT) PROVISION FOR LOAN LOSSES (435) 208
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 10,079 8,052
NON-INTEREST INCOME    
Deposit service charges 390 443
Insurance service and fees 2,168 1,748
Gain on loans sold 18 15
Bank-owned life insurance 130 136
Interchange fee income 344 318
Other 472 334
Total non-interest income 3,522 2,994
NON-INTEREST EXPENSE    
Salaries and employee benefits 5,716 5,514
Occupancy 775 699
Advertising and public relations 190 285
Professional services 602 580
Technology and communications 607 598
Amortization of intangibles 28  
FDIC insurance 227 159
Other 910 693
Total non-interest expense 9,055 8,528
INCOME BEFORE INCOME TAXES 4,546 2,518
INCOME TAX PROVISION 1,400 804
NET INCOME $ 3,146 $ 1,714
Net income per common share-basic $ 0.68 $ 0.40
Net income per common share-diluted 0.66 0.40
Cash dividends per common share $ 0.40 $ 0.38
Weighted average number of common shares outstanding 4,634,096 4,263,109
Weighted average number of diluted shares outstanding 4,757,062 4,328,034