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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest and Dividend Income:    
Interest and fees on loans $ 15,638 $ 14,657
Interest and dividends on securities:    
Taxable 1,821 1,324
Tax-exempt 287 419
Dividends 84 80
Other interest income 266 188
Total interest and dividend income 18,096 16,668
Interest Expense:    
Interest on deposits 2,472 1,825
Interest on short-term borrowings 172 10
Interest on junior subordinated debt 384 290
Total interest expense 3,028 2,125
Net Interest Income 15,068 14,543
Provision for (recovery of) loan losses 16 (44)
Net Interest Income After Provision for Loan Losses 15,052 14,587
Noninterest Income:    
Trust fees 914 929
Service charges on deposit accounts 594 612
Other fees and commissions 708 642
Mortgage banking income 406 450
Securities gains, net 323 121
Brokerage fees 147 222
Income from Small Business Investment Companies 168 155
Other 191 202
Total noninterest income 3,451 3,333
Noninterest Expense:    
Salaries 4,664 4,997
Employee benefits 1,230 1,175
Occupancy and equipment 1,084 1,128
FDIC assessment 125 146
Bank franchise tax 290 281
Core deposit intangible amortization 55 77
Data processing 532 422
Software 324 305
Other real estate owned, net 13 30
Merger related expense 451 0
Other 2,161 2,141
Total noninterest expense 10,929 10,702
Income Before Income Taxes 7,574 7,218
Income Taxes 1,571 1,406
Net Income $ 6,003 $ 5,812
Net Income Per Common Share:    
Basic (in dollars per share) $ 0.69 $ 0.67
Diluted (in dollars per share) $ 0.69 $ 0.67
Weighted Average Common Shares Outstanding:    
Basic (in shares) 8,745,174 8,669,728
Diluted (in shares) 8,745,723 8,687,351