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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest and Dividend Income        
Interest and fees on loans $ 5,883 $ 5,437 $ 11,592 $ 10,738
Interest and dividends on securities available for sale:        
Taxable interest income 482 406 922 782
Interest income exempt from federal income taxes 232 246 465 489
Dividends 23 26 46 33
Interest on deposits with other institutions 22 6 38 17
Total interest and dividend income 6,642 6,121 13,063 12,059
Interest Expense        
Interest on deposits 194 182 395 366
Interest on federal funds purchased and securities sold under agreements to repurchase 0 1 0 1
Interest on Federal Home Loan Bank advances 64 66 129 200
Interest on trust preferred capital notes 0 33 0 66
Interest on interest rate swap 39 45 80 91
Total interest expense 297 327 604 724
Net interest income 6,345 5,794 12,459 11,335
Provision For Loan Losses 0 300 79 433
Net interest income after provision for loan losses 6,345 5,494 12,380 10,902
Noninterest Income        
Income from fiduciary activities 380 356 708 784
Service charges on deposit accounts 290 307 580 597
Other service charges and fees 992 930 1,821 1,686
Gain on sale of securities 0 22 86 96
Other operating income 76 29 178 110
Total noninterest income 1,738 1,644 3,373 3,273
Noninterest Expenses        
Salaries and employee benefits 3,313 3,112 6,577 6,107
Occupancy expenses 367 436 775 782
Equipment expenses 355 260 665 406
Advertising and marketing expenses 185 184 347 303
Stationery and supplies 51 61 101 112
ATM network fees 259 191 436 349
Other real estate owned expense 2 14 2 20
Loss on the sale of other real estate owned 47 73 47 92
FDIC assessment 99 103 204 211
Computer software expense 131 192 267 413
Bank franchise tax 125 126 251 243
Professional fees 281 261 509 503
Cost to terminate operating lease 0 520 0 520
Other operating expenses 617 598 1,205 1,128
Total noninterest expenses 5,832 6,131 11,386 11,189
Income before income taxes 2,251 1,007 4,367 2,986
Income Tax Expense 641 209 1,232 733
Net income $ 1,610 $ 798 $ 3,135 $ 2,253
Earnings Per Share        
Net income per common share, basic $ 0.46 $ 0.23 $ 0.89 $ 0.65
Net income per common share, diluted $ 0.46 $ 0.23 $ 0.89 $ 0.65