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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest Income        
Loans, Including Fees $ 12,294 $ 10,065 $ 22,764 $ 19,793
Loans Held for Sale 19 19
Deposits with Other Banks 281 69 563 144
Investment Securities:        
U.S. Government Agencies 2,352 1,877 4,508 3,788
State, County and Municipal 33 25 58 52
Corporate Bonds 31 29 58 57
Federal Funds Sold 41 41
Dividends on Other Investments 47 44 100 85
Total Interest Income 15,098 12,109 28,111 23,919
Interest Expense        
Deposits 2,632 1,401 4,754 2,601
Federal Funds Purchased 1 1
Borrowed Money 641 542 1,175 1,023
Total Interest Expense 3,273 1,944 5,929 3,625
Net Interest Income 11,825 10,165 22,182 20,294
Provision for Loan Losses 179 44 310 70
Net Interest Income After Provision for Loan Losses 11,646 10,121 21,872 20,224
Noninterest Income        
Securities Gains 65 116 65 116
Other 1,211 173 1,538 568
Total Noninterest Income 4,000 2,324 6,334 4,758
Noninterest Expenses        
Salaries and Employee Benefits 6,292 5,002 11,663 9,922
Occupancy and Equipment 1,144 979 2,169 2,025
Acquisition Related Expenses 1,928 1,961
Deposit Intangible Expenses 148 9 176 18
Other 3,502 2,611 6,071 5,172
Total Noninterest Expense 13,014 8,601 22,040 17,137
Income Before Income Taxes 2,632 3,844 6,166 7,845
Income Taxes 531 775 1,230 1,588
Net Income $ 2,101 $ 3,069 $ 4,936 $ 6,257
Net Income Per Share of Common Stock        
Basic (in dollars per share) $ 0.23 $ 0.36 $ 0.56 $ 0.74
Diluted (in dollars per share) 0.23 0.36 0.56 0.72
Cash Dividends Paid Per Share of Common Stock (in dollars per share) $ 0.075 $ 0.05 $ 0.15 $ 0.10
Weighted Average Basic Shares Outstanding (in shares) 9,089,461 8,439,258 8,764,909 8,439,258
Weighted Average Diluted Shares Outstanding (in shares) 9,089,461 8,612,352 8,764,909 8,634,865
Deposit Account [Member]        
Noninterest Income        
Non interest revenue from banking services $ 1,070 $ 1,031 $ 2,034 $ 2,132
Bank Servicing [Member]        
Noninterest Income        
Non interest revenue from banking services 1,110 822 2,010 1,611
Mortgage Banking [Member]        
Noninterest Income        
Non interest revenue from banking services $ 544 $ 182 $ 687 $ 331