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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest Income        
Loans, Including Fees $ 10,065 $ 9,733 $ 19,793 $ 19,130
Deposits with Other Banks 69 34 144 114
U.S. Government Agencies 1,877 1,685 3,788 3,248
State, County and Municipal 25 30 52 60
Corporate Debt 29 21 57 36
Dividends on Other Investments 44 35 85 71
12,109 11,538 23,919 22,659
Interest Expense        
Deposits 1,401 1,177 2,601 2,368
Federal Funds Purchased 1 3 1 3
Borrowed Money 542 542 1,023 1,010
1,944 1,722 3,625 3,381
Net Interest Income 10,165 9,816 20,294 19,278
Provision for Loan Losses 44 70 335
Net Interest Income After Provision for Loan Losses 10,121 9,816 20,224 18,943
Noninterest Income        
Securities Gains (Losses) 116 116
Other 173 329 568 701
2,324 2,394 4,758 4,794
Noninterest Expenses        
Salaries and Employee Benefits 5,002 4,880 9,922 9,665
Occupancy and Equipment 979 991 2,025 1,951
Other 2,620 2,749 5,190 5,412
8,601 8,620 17,137 17,028
Income Before Income Taxes 3,844 3,590 7,845 6,709
Income Taxes 775 1,157 1,588 2,159
Net Income 3,069 2,433 6,257 4,550
Preferred Stock Dividends 211
Net Income Available to Common Stockholders $ 3,069 $ 2,433 $ 6,257 $ 4,339
Net Income Per Share of Common Stock        
Basic (in dollars per share) $ 0.36 $ 0.29 $ 0.74 $ 0.51
Diluted (in dollars per share) 0.36 0.28 0.72 0.50
Cash Dividends Paid Per Share of Common Stock (in dollars per share) $ 0.05 $ 0.025 $ 0.10 $ 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) 8,612,352 8,630,207 8,634,865 8,632,465
Deposit Account [Member]        
Noninterest Income        
Non interest revenue from banking services $ 1,031 $ 1,091 $ 2,132 $ 2,146
Bank Servicing [Member]        
Noninterest Income        
Non interest revenue from banking services 822 772 1,611 1,559
Mortgage Banking [Member]        
Noninterest Income        
Non interest revenue from banking services $ 182 $ 202 $ 331 $ 388