XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest Income        
Loans, Including Fees $ 9,733 $ 9,693 $ 19,130 $ 19,325
Deposits with Other Banks 34 23 114 61
Investment Securities        
U.S. Government Agencies 1,685 1,359 3,248 2,712
State, County and Municipal 30 33 60 67
Corporate Debt 21 36
Dividends on Other Investments 35 33 71 65
11,538 11,141 22,659 22,230
Interest Expense        
Deposits 1,177 1,189 2,368 2,393
Federal Funds Purchased 3 3
Borrowed Money 542 427 1,010 856
1,722 1,616 3,381 3,249
Net Interest Income 9,816 9,525 19,278 18,981
Provision for Loan Losses 354 335 708
Net Interest Income After Provision for Loan Losses 9,816 9,171 18,943 18,273
Noninterest Income        
Service Charges on Deposits 1,091 1,055 2,146 2,057
Other Service Charges, Commissions and Fees 772 714 1,559 1,418
Mortgage Fee Income 202 153 388 253
Securities Gains (Losses) 127 129
Other 329 303 701 667
2,394 2,352 4,794 4,524
Noninterest Expenses        
Salaries and Employee Benefits 4,880 4,625 9,665 9,099
Occupancy and Equipment 991 978 1,951 1,942
Other 2,749 2,751 5,412 5,548
8,620 8,354 17,028 16,589
Income Before Income Taxes 3,590 3,169 6,709 6,208
Income Taxes 1,157 1,002 2,159 1,980
Net Income 2,433 2,167 4,550 4,228
Preferred Stock Dividends 406 211 811
Net Income Available to Common Stockholders $ 2,433 $ 1,761 $ 4,339 $ 3,417
Net Income Per Share of Common Stock        
Basic (in dollars per share) $ 0.29 $ 0.21 $ 0.51 $ 0.40
Diluted (in dollars per share) 0.28 0.21 0.50 0.40
Cash Dividends Declared Per Share of Common Stock (in dollars per share) $ 0.025 $ 0.05
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) 8,630,207 8,497,618 8,632,465 8,490,540