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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income        
Loans, including fees $ 32,918,000 $ 30,746,000 $ 97,087,000 $ 86,406,000
Securities, taxable 1,718,000 1,322,000 4,938,000 3,885,000
Securities, tax-exempt 537,000 584,000 1,690,000 1,709,000
Other interest-earning assets 313,000 382,000 1,071,000 641,000
Total interest income 35,486,000 33,034,000 104,786,000 92,641,000
Interest expense        
Deposits 3,574,000 2,652,000 9,921,000 6,543,000
Short-term borrowings 63,000 45,000 181,000 142,000
Federal Home Loan Bank advances 1,201,000 1,033,000 3,134,000 2,690,000
Subordinated debentures and other borrowings 808,000 660,000 2,286,000 1,920,000
Total interest expense 5,646,000 4,390,000 15,522,000 11,295,000
Net interest income 29,840,000 28,644,000 89,264,000 81,346,000
Provision for loan losses 400,000 1,000,000 1,100,000 2,350,000
Net interest income after provision for loan losses 29,440,000 27,644,000 88,164,000 78,996,000
Noninterest income:        
Payroll services income 328,000 285,000 1,128,000 983,000
Earnings on bank owned life insurance 318,000 328,000 969,000 2,394,000
Other income 322,000 375,000 1,213,000 1,243,000
Total noninterest income 4,708,000 4,605,000 13,639,000 14,498,000
Noninterest expense        
Salaries and benefits 12,932,000 11,636,000 38,027,000 33,796,000
Occupancy 1,648,000 1,598,000 5,049,000 4,707,000
Furniture and equipment depreciation, rent and maintenance 659,000 543,000 1,789,000 1,625,000
Data processing costs 2,150,000 2,071,000 6,415,000 6,155,000
Other expense 4,261,000 4,362,000 12,931,000 13,585,000
Total noninterest expenses 21,650,000 20,210,000 64,211,000 59,868,000
Income before federal income tax expense 12,498,000 12,039,000 37,592,000 33,626,000
Federal income tax expense 2,375,000 3,702,000 7,142,000 10,331,000
Net income $ 10,123,000 $ 8,337,000 $ 30,450,000 $ 23,295,000
Basic earnings per share (in dollars per share) $ 0.61 $ 0.51 $ 1.83 $ 1.41
Diluted earnings per share (in dollars per share) 0.61 0.51 1.83 1.41
Cash dividends per share (in dollars per share) $ 0.24 $ 0.19 $ 0.68 $ 0.55
Average basic shares outstanding (in shares) 16,611,411 16,483,492 16,602,701 16,463,245
Average diluted shares outstanding (in shares) 16,619,295 16,494,540 16,610,544 16,474,534
Deposit Account [Member]        
Noninterest income:        
Noninterest income $ 1,127,000 $ 1,076,000 $ 3,259,000 $ 3,148,000
Credit and Debit Card [Member]        
Noninterest income:        
Noninterest income 1,378,000 1,215,000 3,955,000 3,497,000
Mortgage Banking [Member]        
Noninterest income:        
Noninterest income $ 1,235,000 $ 1,326,000 $ 3,115,000 $ 3,233,000