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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
INTEREST INCOME    
Interest and fees on loans $ 51,332 $ 43,617
Interest and dividends on investment securities:    
Taxable 4,289 4,009
Tax-exempt   3
Interest on deposits with other banks 286 334
Total interest income 55,907 47,963
INTEREST EXPENSE    
Interest on deposits 3,531 2,242
Interest on short-term borrowings 1,636 31
Interest on long-term borrowings 105  
Total interest expense 5,272 2,273
NET INTEREST INCOME 50,635 45,690
Provision for credit losses 1,674 2,291
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 48,961 43,399
NONINTEREST INCOME    
Service charges on deposit accounts 3,879 3,628
Trust and investment fee income 1,557 1,532
Gains on sales of investment securities   5
Other noninterest income 3,577 3,035
Total noninterest income 9,013 8,200
NONINTEREST EXPENSE    
Salaries and wages 16,535 15,080
Employee benefits 4,001 3,551
Occupancy expense 2,622 2,335
Furniture and equipment expense 950 906
Data processing 3,331 3,561
Directors' fees 556 380
Amortization of other intangible assets 866 231
FDIC insurance premium expense 771 599
Write-downs of other real estate owned 353 272
Legal and professional fees 1,981 2,254
Other noninterest expenses 4,865 4,471
Total noninterest expense 36,831 33,640
Income from continuing operations before income taxes 21,143 17,959
Income tax expense 5,380 8,734
Income from continuing operations 15,763 9,225
Income from discontinued operations before income taxes 1,421 1,826
Gain on sale of insurance agency 12,736  
Income tax expense (benefit) 4,923 (211)
Income from discontinued operations 9,234 2,037
NET INCOME $ 24,997 $ 11,262
Basic earnings per common share    
Income from continuing operations $ 1.24 $ 0.73
Income from discontinued operations 0.72 0.16
Net income 1.96 0.89
Diluted earnings per common share    
Income from continuing operations 1.24 0.73
Income from discontinued operations 0.72 0.16
Net income 1.96 0.89
Dividends paid per common share (in dollars per share) $ 0.32 $ 0.22