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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest income:        
Loans receivable $ 6,930 $ 6,627 $ 19,991 $ 19,495
Securities available for sale:        
Mortgage-backed and related 17 12 29 48
Other marketable 270 295 821 1,018
Cash equivalents 36 18 64 73
Other 2 2 8 4
Total interest income 7,255 6,954 20,913 20,638
Interest expense:        
Deposits 413 255 1,035 727
Advances and other borrowings 80 149 327 446
Total interest expense 493 404 1,362 1,173
Net interest income 6,762 6,550 19,551 19,465
Provision for loan losses (581) 80 (582) (271)
Net interest income after provision for loan losses 7,343 6,470 20,133 19,736
Non-interest income:        
Fees and service charges 848 901 2,517 2,553
Loan servicing fees 299 280 906 812
Gain on sales of loans 521 656 1,528 1,848
Other 241 310 744 791
Total non-interest income 1,909 2,147 5,695 6,004
Non-interest expense:        
Compensation and benefits 3,642 3,723 11,366 11,016
Gains on real estate (65) (11) (72) (435)
Occupancy and equipment 1,050 998 3,115 2,994
Data processing 243 299 795 853
Professional services 307 252 983 871
Other 1,082 940 2,858 2,626
Total non-interest expense 6,259 6,201 19,045 17,925
Income before income tax expense 2,993 2,416 6,783 7,815
Income tax expense 1,213 1,002 2,766 3,149
Net income 1,780 1,414 4,017 4,666
Other comprehensive income (loss), net of tax (4) (51) 357 131
Comprehensive income available to common shareholders $ 1,776 $ 1,363 $ 4,374 $ 4,797
Basic earnings per common share (in dollars per share) $ 0.42 $ 0.34 $ 0.95 $ 1.12
Diluted earnings per common share (in dollars per share) $ 0.37 $ 0.30 $ 0.83 $ 0.99