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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
INTEREST INCOME        
Interest and fees on loans $ 10,308 $ 10,104 $ 20,295 $ 20,177
Interest on investment securities:        
Taxable 831 890 1,769 1,792
Nontaxable 119 172 262 355
Federal funds sold and other overnight interest-bearing deposits 17 8 50 22
Dividends on other securities 75 40 151 66
Total interest income 11,350 11,214 22,527 22,412
Interest on deposits:        
Savings, interest checking and money market 287 247 582 497
Time deposit accounts $100,000 and over 232 222 441 431
Other time deposits 236 268 476 562
Interest on federal funds purchased and securities sold under agreements to repurchase 15 9 39 16
Interest on subordinated notes 366 320 720 633
Interest on Federal Home Loan Bank advances 243 164 450 311
Total interest expense 1,379 1,230 2,708 2,450
Net interest income 9,971 9,984 19,819 19,962
Provision for loan losses 425 250 675 250
Net interest income after provision for loan losses 9,546 9,734 19,144 19,712
NON-INTEREST INCOME        
Service charges and other fees 828 864 1,662 1,694
Bank card income and fees 648 629 1,282 1,216
Trust department income 265 274 483 478
Real estate servicing fees, net (86) 186 (32) 180
Gain on sale of mortgage loans, net 222 434 387 781
Gain on sale of investment securities 18 8 490 8
Other 54 66 125 91
Total non-interest income 1,949 2,461 4,397 4,448
NON-INTEREST EXPENSE        
Salaries and employee benefits 5,305 5,175 10,655 10,478
Occupancy expense, net 673 717 1,306 1,380
Furniture and equipment expense 439 484 850 915
Processing, network, and bank card expense 840 807 1,611 1,596
Legal, examination, and professional fees 328 339 662 610
FDIC insurance assessment 188 258 364 499
Advertising and promotion 242 270 452 507
Postage, printing, and supplies 291 272 527 543
Real estate foreclosure expense (gains), net 42 158 183 (23)
Other 1,005 787 1,826 1,470
Total non-interest expense 9,353 9,267 18,436 17,975
Income before income taxes 2,142 2,928 5,105 6,185
Income tax expense 730 1,001 1,695 2,120
Net income $ 1,412 $ 1,927 $ 3,410 $ 4,065
Basic earnings per share (in dollars per share) $ 0.25 $ 0.34 $ 0.60 $ 0.72
Diluted earnings per share (in dollars per share) $ 0.25 $ 0.34 $ 0.60 $ 0.72