XML 62 R48.htm IDEA: XBRL DOCUMENT v3.8.0.1
Quarterly Financial Comparison (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Comparison (Unaudited) [Abstract]  
Schedule of Quarterly Financial Information



 

 

 

 

 

 

 

 



 

2017



 

Fourth

 

Third

 

Second

 

First

(dollars in thousands)

 

Quarter

 

Quarter

 

Quarter

 

Quarter



 

 

 

 

 

 

 

 

Interest and dividend income

 

$               13,573 

 

$               13,680 

 

$               13,395 

 

$               12,922 

Interest expense

 

2,800 

 

2,672 

 

2,462 

 

2,248 

Net interest income

 

10,773 

 

11,008 

 

10,933 

 

10,674 

Provision for loan losses

 

30 

 

224 

 

376 

 

380 

Net interest income after provision

 

10,743 

 

10,784 

 

10,557 

 

10,294 



 

 

 

 

 

 

 

 

Noninterest income

 

1,000 

 

1,157 

 

1,052 

 

875 

Noninterest expense

 

7,746 

 

7,442 

 

7,530 

 

7,379 



 

 

 

 

 

 

 

 

Income before income taxes

 

3,997 

 

4,499 

 

4,079 

 

3,790 

Provision for income taxes

 

4,456 

 

1,717 

 

1,536 

 

1,448 

Net (Loss) Income Available to
Common Stockholders

 

$                  (459)

 

$                2,782 

 

$                2,543 

 

$                2,342 



 

 

 

 

 

 

 

 

Earnings Per Common Share1

 

 

 

 

 

 

 

 

Basic

 

$                 (0.10)

 

$                  0.60 

 

$                  0.55 

 

$                  0.51 

Diluted

 

$                 (0.10)

 

$                  0.60 

 

$                  0.55 

 

$                  0.51 







 

 

 

 

 

 

 

 



 

2016



 

Fourth

 

Third

 

Second

 

First

(dollars in thousands)

 

Quarter

 

Quarter

 

Quarter

 

Quarter



 

 

 

 

 

 

 

 

Interest and dividend income

 

$               12,584 

 

$               12,223 

 

$               11,928 

 

$               11,312 

Interest expense

 

2,111 

 

2,079 

 

2,033 

 

1,919 

Net interest income

 

10,473 

 

10,144 

 

9,895 

 

9,393 

Provision for loan losses

 

670 

 

698 

 

564 

 

427 

Net interest income after provision

 

9,803 

 

9,446 

 

9,331 

 

8,966 



 

 

 

 

 

 

 

 

Noninterest income

 

891 

 

842 

 

777 

 

850 

Noninterest expense

 

7,316 

 

7,311 

 

7,292 

 

7,240 



 

 

 

 

 

 

 

 

Income before income taxes

 

3,378 

 

2,977 

 

2,816 

 

2,576 

Provision for income taxes

 

1,356 

 

1,014 

 

1,078 

 

968 

Net Income Available to
Common Stockholders

 

$                2,022 

 

$                1,963 

 

$                1,738 

 

$                1,608 

Preferred stock dividends

 

 -

 

 -

 

 -

 

 -



 

 

 

 

 

 

 

 

Earnings Per Common Share1

 

 

 

 

 

 

 

 

Basic

 

$                  0.44 

 

$                  0.43 

 

$                  0.38 

 

$                  0.35 

Diluted

 

$                  0.44 

 

$                  0.42 

 

$                  0.38 

 

$                  0.35 







 

 

 

 

 

 

 

 



 

2015



 

Fourth

 

Third

 

Second

 

First

(dollars in thousands)

 

Quarter

 

Quarter

 

Quarter

 

Quarter



 

 

 

 

 

 

 

 

Interest and dividend income

 

$               11,208 

 

$               11,002 

 

$               10,935 

 

$               10,728 

Interest expense

 

1,860 

 

1,918 

 

1,902 

 

1,665 

Net interest income

 

9,348 

 

9,084 

 

9,033 

 

9,063 

Provision for loan losses

 

362 

 

501 

 

392 

 

178 

Net interest income after provision

 

8,986 

 

8,583 

 

8,641 

 

8,885 



 

 

 

 

 

 

 

 

Noninterest income

 

909 

 

466 

 

962 

 

962 

Noninterest expense

 

7,556 

 

7,031 

 

6,888 

 

6,943 



 

 

 

 

 

 

 

 

Income before income taxes

 

2,339 

 

2,018 

 

2,715 

 

2,904 

Provision for income taxes

 

811 

 

735 

 

1,004 

 

1,083 

Net Income (NI)

 

$                1,528 

 

$                1,283 

 

$                1,711 

 

$                1,821 

Preferred stock dividends

 

 -

 

 -

 

 -

 

23 

NI Available to Common Stockholders

 

$                1,528 

 

$                1,283 

 

$                1,711 

 

$                1,798 



 

 

 

 

 

 

 

 

Earnings Per Common Share1

 

 

 

 

 

 

 

 

Basic

 

$                  0.33 

 

$                  0.28 

 

$                  0.37 

 

$                  0.38 

Diluted

 

$                  0.33 

 

$                  0.27 

 

$                  0.37 

 

$                  0.38 



(1) Earnings per share are based upon quarterly results and, when added, may not total the annual earnings per share amounts.