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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest Income        
Loans, Including Fees $ 10,255 $ 9,754 $ 30,048 $ 28,884
Deposits with Other Banks 48 52 192 166
Investment Securities        
U.S. Government Agencies 1,847 1,684 5,635 4,932
State, County and Municipal 25 27 77 87
Corporate Debt 27 23 84 59
Dividends on Other Investments 49 38 134 109
12,251 11,578 36,170 34,237
Interest Expense        
Deposits 1,564 1,191 4,165 3,559
Federal Funds Purchased 3 4 3
Borrowed Money 579 544 1,602 1,554
2,146 1,735 5,771 5,116
Net Interest Income 10,105 9,843 30,399 29,121
Provision for Loan Losses 61 131 335
Net Interest Income After Provision for Loan Losses 10,044 9,843 30,268 28,786
Noninterest Income        
Securities Gains (Losses) 116
Other 292 273 860 974
2,405 2,424 7,163 7,218
Noninterest Expenses        
Salaries and Employee Benefits 5,110 4,802 15,032 14,467
Occupancy and Equipment 1,052 1,014 3,077 2,965
Other 2,916 2,564 8,106 7,976
9,078 8,380 26,215 25,408
Income Before Income Taxes 3,371 3,887 11,216 10,596
Income Taxes 676 1,265 2,264 3,424
Net Income 2,695 2,622 8,952 7,172
Preferred Stock Dividends 211
Net Income Available to Common Stockholders $ 2,695 $ 2,622 $ 8,952 $ 6,961
Net Income Per Share of Common Stock        
Basic (in dollars per share) $ 0.32 $ 0.31 $ 1.06 $ 0.82
Diluted (in dollars per share) 0.32 0.30 1.04 0.81
Cash Dividends Paid Per Share of Common Stock (in dollars per share) $ 0.05 $ 0.025 $ 0.15 $ 0.075
Weighted Average Basic Shares Outstanding (in shares) 8,439,415 8,439,258 8,439,310 8,439,258
Weighted Average Diluted Shares Outstanding (in shares) 8,444,816 8,629,523 8,571,516 8,631,566
Deposit Account [Member]        
Noninterest Income        
Non interest revenue from banking services $ 1,134 $ 1,169 $ 3,266 $ 3,315
Bank Servicing [Member]        
Noninterest Income        
Non interest revenue from banking services 803 741 2,414 2,300
Mortgage Banking [Member]        
Noninterest Income        
Non interest revenue from banking services $ 176 $ 241 $ 507 $ 629