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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income    
Loans, including fees $ 35,789,000 $ 32,315,000
Securities, taxable 1,880,000 1,602,000
Securities, tax-exempt 561,000 594,000
Other interest-earning assets 407,000 470,000
Total interest income 38,637,000 34,981,000
Interest expense    
Deposits 4,804,000 3,085,000
Short-term borrowings 104,000 57,000
Federal Home Loan Bank advances 2,234,000 945,000
Subordinated debentures and other borrowings 850,000 695,000
Total interest expense 7,992,000 4,782,000
Net interest income 30,645,000 30,199,000
Provision for loan losses 850,000 0
Net interest income after provision for loan losses 29,795,000 30,199,000
Noninterest income:    
Payroll services 505,000 482,000
Earnings on bank owned life insurance 1,630,000 331,000
Other income 1,026,000 388,000
Total noninterest income 6,632,000 4,381,000
Noninterest expense    
Salaries and benefits 13,015,000 12,337,000
Occupancy 1,762,000 1,772,000
Furniture and equipment depreciation, rent and maintenance 635,000 548,000
Data processing costs 2,216,000 2,128,000
Other expense 4,202,000 4,362,000
Total noninterest expenses 21,830,000 21,147,000
Income before federal income tax expense 14,597,000 13,433,000
Federal income tax expense 2,773,000 2,552,000
Net income $ 11,824,000 $ 10,881,000
Basic earnings per share (in dollars per share) $ 0.72 $ 0.66
Diluted earnings per share (in dollars per share) 0.72 0.66
Cash dividends per common share (in dollars per share) $ 0.26 $ 0.22
Average basic shares outstanding (in shares) 16,429,571 16,595,115
Average diluted shares outstanding (in shares) 16,435,176 16,604,325
Deposit Account [Member]    
Noninterest income:    
Noninterest income $ 1,077,000 $ 1,053,000
Credit and Debit Card [Member]    
Noninterest income:    
Noninterest income 1,337,000 1,243,000
Mortgage Banking [Member]    
Noninterest income:    
Noninterest income $ 1,057,000 $ 884,000