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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest and dividend income:        
Loans, including fees $ 11,362 $ 11,118 $ 34,576 $ 33,134
Securities        
Taxable 637 583 1,911 1,739
Tax exempt 85 93 253 280
Dividends 91 112 308 328
Interest-bearing deposits with banks 333 265 977 1,321
Other Interest 13 10 37 26
12,521 12,181 38,062 36,828
Interest expense:        
Deposits 1,592 1,081 4,446 2,934
Other borrowed funds 215 250 676 740
Subordinated debentures 88 87 274 241
1,895 1,418 5,396 3,915
Net interest income 10,626 10,763 32,666 32,913
Provision for loan losses 444 962 2,015 1,695
Net interest income after provision for loan losses 10,182 9,801 30,651 31,218
Noninterest income:        
Income from bank owned life insurance and annuity assets 179 173 534 522
Electronic refund check / deposit fees 33 5 1,566
Debit / credit card interchange income 1,049 943 2,935 2,736
Gain (loss) on other real estate owned (15) (82) (1) 75
Other 202 164 488 669
2,107 1,927 5,956 7,541
Noninterest expense:        
Salaries and employee benefits 5,652 5,537 16,715 16,780
Occupancy 479 469 1,370 1,336
Furniture and equipment 255 263 788 775
Professional fees 598 514 1,959 1,537
Marketing expense 270 263 810 787
FDIC insurance 110 113 368
Data processing 540 759 1,629 2,180
Software 362 398 1,200 1,160
Foreclosed assets 62 54 187 164
Amortization of intangibles 27 33 89 105
Other 1,493 1,361 4,237 4,051
9,738 9,761 29,097 29,243
Income before income taxes 2,551 1,967 7,510 9,516
Provision for income taxes 414 221 1,101 1,428
NET INCOME $ 2,137 $ 1,746 $ 6,409 $ 8,088
Earnings per share (in dollars per share) $ 0.45 $ 0.37 $ 1.35 $ 1.71
Deposit Account [Member]        
Noninterest income:        
Revenue from Contract with Customer $ 553 $ 534 $ 1,573 $ 1,551
Fiduciary and Trust [Member]        
Noninterest income:        
Revenue from Contract with Customer 59 69 195 197
Mortgage Banking [Member]        
Noninterest income:        
Revenue from Contract with Customer $ 80 $ 93 $ 227 $ 225