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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest Income        
Loans, Including Fees $ 9,693 $ 9,873 $ 19,325 $ 19,582
Federal Funds Sold   15
Deposits with Other Banks 23 24 61 41
U.S. Government Agencies 1,359 978 2,712 2,048
State, County and Municipal 33 25 67 50
Dividends on Other Investments 33 30 65 60
11,141 10,930 22,230 21,796
Interest Expense        
Deposits 1,189 1,219 2,393 2,438
Borrowed Money 427 464 856 909
1,616 1,683 3,249 3,347
Net Interest Income 9,525 9,247 18,981 18,449
Provision for Loan Losses 354 129 708 491
Net Interest Income After Provision for Loan Losses 9,171 9,118 18,273 17,958
Noninterest Income        
Service Charges on Deposits 1,055 1,040 2,057 2,051
Other Service Charges, Commissions and Fees 714 664 1,418 1,302
Mortgage Fee Income 153 134 253 247
Securities Gains (Losses) 127 129 3
Other 303 520 667 967
2,352 2,358 4,524 4,570
Noninterest Expenses        
Salaries and Employee Benefits 4,625 4,407 9,099 8,875
Occupancy and Equipment 978 1,017 1,942 2,010
Other 2,751 2,896 5,548 5,721
8,354 8,320 16,589 16,606
Income Before Income Taxes 3,169 3,156 6,208 5,922
Income Taxes 1,002 971 1,980 1,854
Net Income 2,167 2,185 4,228 4,068
Preferred Stock Dividends 406 630 811 1,260
Net Income Available to Common Stockholders $ 1,761 $ 1,555 $ 3,417 $ 2,808
Net Income Per Share of Common Stock        
Basic (in dollars per share) $ 0.21 $ 0.18 $ 0.40 $ 0.33
Diluted (in dollars per share) 0.21 0.18 0.40 0.33
Cash Dividends Declared Per Share of Common Stock (in dollars per share)
Weighted Average Basic Shares Outstanding (in shares) 8,439,258 8,439,258 8,439,258 8,439,258
Weighted Average Diluted Shares Outstanding (in shares) 8,497,618 8,441,628 8,490,540 8,440,443