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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest and Dividend Income      
Interest and fees on loans $ 27,890 $ 24,821 $ 23,037
Interest and dividends on securities available for sale:      
Taxable interest income 2,744 2,278 1,669
Interest income exempt from federal income taxes 1,051 1,034 925
Dividends 59 61 81
Interest on deposits in banks 176 156 73
Interest on federal funds sold 3 1 0
Total interest and dividend income 31,923 28,351 25,785
Interest Expense      
Interest on deposits 2,490 1,084 787
Interest on federal funds purchased 25 13 1
Interest on Federal Home Loan Bank advances 0 57 136
Interest on interest rate swap 0 0 143
Total interest expense 2,515 1,154 1,067
Net interest income 29,408 27,197 24,718
Provision For (Recovery Of) Loan Losses 777 (625) (188)
Net interest income after provision for (recovery of) loan losses 28,631 27,822 24,906
Noninterest Income      
Income from fiduciary activities 1,360 1,238 1,356
Service charges on deposit accounts 1,218 1,223 1,227
Other service charges and fees 4,173 3,878 3,713
(Loss) on the sale and disposal of bank premises and equipment (3) (12) (10)
Gain (loss) on sale of securities 17 (10) 98
Other operating income 114 463 285
Total noninterest income 6,879 6,780 6,669
Noninterest Expenses      
Salaries and employee benefits 14,083 13,643 13,015
Occupancy expenses 1,476 1,473 1,486
Equipment expenses 915 955 889
Advertising and marketing expenses 761 731 633
Stationery and supplies 195 173 201
ATM network fees 912 816 903
Other real estate owned expense 183 11 73
Loss (gain) on other real estate owned 866 (1) 90
FDIC assessment 225 222 304
Computer software expense 474 647 623
Bank franchise tax 583 534 501
Professional fees 1,036 1,007 949
Data processing fees 794 564 444
Other operating expenses 2,692 2,415 2,541
Total noninterest expenses 25,195 23,190 22,652
Income before income taxes 10,315 11,412 8,923
Income Tax Expense 1,314 3,626 2,553
Net income $ 9,001 $ 7,786 $ 6,370
Earnings Per Share      
Net income per common share, basic (in US dollars per share) $ 2.60 $ 2.24 $ 1.81
Net income per common share, diluted (in US dollars per share) $ 2.60 $ 2.24 $ 1.81