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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
INTEREST INCOME    
Interest and fees on loans and leases $ 21,078 $ 11,337
Interest on interest-bearing balances 30 9
Interest on federal funds sold 68 168
Interest and dividends on investment securities:    
U.S. Treasury and government agencies 893 752
State and political subdivision obligations, tax-exempt 619 542
Other securities 178 172
Total Interest Income 22,866 12,980
INTEREST EXPENSE    
Interest on deposits 4,586 1,780
Interest on short-term borrowings 232 12
Interest on long-term and subordinated debt 742 310
Total Interest Expense 5,560 2,102
Net Interest Income 17,306 10,878
PROVISION FOR LOAN AND LEASE LOSSES 125 125
Net Interest Income After Provision for Loan and Lease Losses 17,181 10,753
NONINTEREST INCOME    
Net gain on sales of SBA loans 202 257
Earnings from cash surrender value of life insurance 78 64
Net gain on sales of investment securities 7 98
Other income 330 286
Total Noninterest Income 2,049 1,647
NONINTEREST EXPENSE    
Salaries and employee benefits 7,759 5,064
Occupancy expense, net 1,401 797
Equipment expense 627 408
Pennsylvania bank shares tax expense 136 171
FDIC Assessment 359 228
Legal and professional fees 422 224
Marketing and advertising expense 179 189
Software licensing and utilization 848 685
Telephone expense 154 147
(Gain) loss on sale or write-down of foreclosed assets (4) 2
Intangible amortization 363 248
Merger and acquisition expense   1,694
Other expenses 2,059 1,326
Total Noninterest Expense 14,303 11,183
INCOME BEFORE PROVISION FOR INCOME TAXES 4,927 1,217
Provision for income taxes 850 213
NET INCOME $ 4,077 $ 1,004
PER COMMON SHARE DATA:    
Basic and Diluted Earnings Per Common Share $ 0.48 $ 0.17
Cash Dividends Paid $ 0.25 $ 0.25
Income from Fiduciary Activities [Member]    
NONINTEREST INCOME    
Non-interest Income $ 359 $ 240
Service Charges on Deposits [Member]    
NONINTEREST INCOME    
Non-interest Income 217 203
Mortgage Banking Income [Member]    
NONINTEREST INCOME    
Non-interest Income 437 156
ATM Debit Card Interchange Income [Member]    
NONINTEREST INCOME    
Non-interest Income 334 265
Merchant Services Income [Member]    
NONINTEREST INCOME    
Non-interest Income $ 85 $ 78