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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 $ 14,106 $ 12,223
Interest on investment securities:    
Taxable 1,000 947
Nontaxable 141 158
Federal funds sold, other interest-bearing deposits, and certificates of deposit in other banks 602 106
Dividends on other investments 66 110
Total interest income 15,915 13,544
Interest on deposits:    
Savings, interest checking and money market 1,716 1,084
Time deposit accounts $250,000 and over 665 138
Time deposits 706 511
Total interest expense on deposits 3,087 1,733
Interest on federal funds purchased and securities sold under agreements to repurchase 33 171
Interest on Federal Home Loan Bank advances 542 395
Interest on subordinated notes 624 491
Total interest expense on borrowings 1,199 1,057
Total interest expense 4,286 2,790
Net interest income 11,629 10,754
Provision for loan losses 150 300
Net interest income after provision for loan losses 11,479 10,454
NON-INTEREST INCOME    
Gain on sale of mortgage loans, net 105 146
Other 52 36
Total non-interest income 2,091 2,215
Investment securities gain, net 1 98
Gain on branch sale, net 2,074 0
NON-INTEREST EXPENSE    
Salaries and employee benefits 5,438 6,057
Occupancy expense, net 698 689
Furniture and equipment expense 809 635
Processing, network, and bank card expense 1,001 859
Legal, examination, and professional fees 329 422
Advertising and promotion 258 252
Postage, printing, and supplies 210 268
Other 1,145 1,084
Total non-interest expense 9,888 10,266
Income before income taxes 5,757 2,501
Income tax expense 1,091 411
Net income $ 4,666 $ 2,090
Basic earnings per share (in dollars per share) $ 0.77 $ 0.35
Diluted earnings per share (in dollars per share) $ 0.77 $ 0.35
Service charges and other fees    
NON-INTEREST INCOME    
Income from fees $ 862 $ 876
Bank card income and fees    
NON-INTEREST INCOME    
Income from fees 695 656
Trust department income    
NON-INTEREST INCOME    
Income from fees 293 280
Real estate servicing fees, net    
NON-INTEREST INCOME    
Income from fees $ 84 $ 221