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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
INTEREST INCOME      
Interest and fees on loans $ 22,615 $ 21,952 $ 21,607
Interest and dividend income on investment securities:      
Taxable 4,304 5,507 6,464
Tax-exempt 4,979 3,829 3,131
Dividends 47 65 62
Dividend income on restricted investment in bank stocks 289 253 415
Interest on interest-bearing deposits in other banks 34 37 32
Total interest income 32,268 31,643 31,711
INTEREST EXPENSE      
Interest on deposits 4,232 3,425 3,159
Interest on short-term borrowings 844 318 264
Interest on long-term borrowings 1,472 1,539 1,543
Total interest expense 6,548 5,282 4,966
Net interest income 25,720 26,361 26,745
Provision for loan losses 267 2,083 2,277
Net interest income after provision for loan losses 25,453 24,278 24,468
NON-INTEREST INCOME      
Trust department 880 840 877
Service charges and fees 1,803 1,786 1,773
Bank owned life insurance income 636 651 664
ATM fees and debit card income 1,396 1,304 1,224
Gains on sales of mortgage loans 316 358 548
Net investment securities gains 938 1,764 2,131
Impairment charges on equity securities 0 0 (14)
Gains from life insurance proceeds 0 458 0
Other 202 226 494
Total non-interest income 6,171 7,387 7,697
NON-INTEREST EXPENSE      
Salaries and employee benefits 11,170 10,484 11,012
Occupancy, net 1,777 1,747 1,813
Furniture and equipment 569 555 602
Computer expense 1,025 977 845
Professional services 866 657 609
Pennsylvania shares tax 742 700 712
FDIC insurance 321 482 532
ATM and debit card fees 697 651 600
Data processing fees 600 557 571
Foreclosed assets held for resale expense 135 289 111
Advertising 530 390 476
Other 3,089 2,859 3,139
Total non-interest expense 21,521 20,348 21,022
Income before income tax expense 10,103 11,317 11,143
Income tax expense 1,455 1,845 1,971
NET INCOME $ 8,648 $ 9,472 $ 9,172
Net income per share:      
Basic $ 1.52 $ 1.68 $ 1.64
Diluted 1.52 1.68 1.64
Dividends per share $ 1.08 $ 1.08 $ 1.08