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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income on:    
Loans, including fees $ 2,774 $ 2,835
U.S. Treasury and U.S. Government agency securities 278 275
State and municipal securities 241 213
Other 31 28
Total interest income 3,324 3,351
Interest expense on:    
Deposits 332 392
Short-term borrowings 1  
Long-term borrowings 158 160
Total interest expense 491 552
Net interest income 2,833 2,799
Provision for credit losses 195 117
Net interest income after provision for credit losses 2,638 2,682
Other income:    
Service charges on deposit accounts 67 83
Other fees and commissions 161 159
Other non-interest income 19 12
Income on life insurance 49 53
Gains on investment securities   1
Total other income 296 308
Other expenses:    
Salaries and employee benefits 1,422 1,505
Occupancy 206 198
Other expenses 960 970
Total other expenses 2,588 2,673
Income before income taxes 346 317
Income tax expense 30 34
Net income $ 316 $ 283
Basic and diluted earnings per share of common stock (in dollars per share) $ 0.11 $ 0.10
Weighted average shares of common stock outstanding (in shares) 2,789,012 2,775,560
Dividends declared per share of common stock (in dollars per share) $ 0.10 $ 0.10