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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest and dividend income:      
Loans, including fees $ 33,481 $ 33,635 $ 33,592
Securities:      
Taxable 1,849 1,717 1,339
Tax exempt 526 555 570
Dividends 293 312 322
Other interest 185 136 135
36,334 36,355 35,958
Interest expense:      
Deposits 2,191 2,236 2,917
Other borrowed funds 478 474 391
Subordinated debentures 170 165 265
2,839 2,875 3,573
Net interest income 33,495 33,480 32,385
Provision for loan losses 1,090 2,787 477
Net interest income after provision for loan losses ………………………………… 32,405 30,693 31,908
Noninterest income:      
Service charges on deposit accounts 1,573 1,627 1,802
Trust fees 221 223 210
Income from bank owned life insurance and annuity assets 681 672 1,176
Mortgage banking income 242 228 506
Electronic refund check / deposit fees 2,371 3,133 2,556
Debit / credit card interchange income 2,399 2,174 1,963
Gain (loss) on other real estate owned 99 113 (692)
Gain on sale of securities 163    
Gain on sale of ProAlliance Corporation   810  
Other 848 813 997
8,597 9,793 8,518
Noninterest expense:      
Salaries and employee benefits 17,498 17,878 17,570
Occupancy 1,599 1,585 1,573
Furniture and equipment 801 757 902
Professional fees 1,375 1,151 1,031
Marketing expense 860 1,004 791
FDIC insurance 583 483 490
Data processing 1,259 1,127 1,052
Software 1,123 1,014 900
Foreclosed assets 347 185 482
Other 4,174 4,109 4,584
29,619 29,293 29,375
Income before income taxes 11,383 11,193 11,051
Provision for income taxes 2,809 3,120 2,939
NET INCOME $ 8,574 $ 8,073 $ 8,112
Earnings per share (in Dollars per share) $ 2.08 $ 1.97 $ 2.00