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Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest income:        
Loans, including fees $ 5,296 $ 5,105 $ 15,398 $ 15,373
Securities - Taxable 1,071 747 3,204 2,420
Securities - Tax-exempt 590 616 1,758 1,864
Federal funds sold and interest bearing bank deposits 215 191 598 473
Total interest income 7,172 6,659 20,958 20,130
Interest expense:        
Deposits 872 984 2,600 2,932
Short-term borrowings 5 4 14 11
Long-term debt interest expense 34 63 93 190
Total interest expense 911 1,051 2,707 3,133
Net interest income 6,261 5,608 18,251 16,997
Provision for loan losses 0 0 100 (600)
Net interest income after provision for loan losses 6,261 5,608 18,151 17,597
Noninterest income:        
Service charges on deposit accounts 191 197 563 588
Mortgage lending 254 246 558 740
Bank-owned life insurance income 112 114 329 339
Other noninterest income 362 358 1,096 1,075
Securities gains, net 49 148 51 148
Total noninterest income 968 1,063 2,597 2,890
Noninterest expense:        
Salaries and benefits 2,516 2,471 7,289 7,322
Net occupancy and equipment 385 389 1,117 1,107
Professional fees 276 220 760 625
FDIC and other regulatory assessments 79 76 257 320
Other real estate owned, net 4 (194) (5) (217)
Other noninterest expense 965 1,018 2,940 2,953
Total noninterest expense 4,225 3,980 12,358 12,110
Earnings before income taxes 3,004 2,691 8,390 8,377
Income tax expense 868 740 2,369 2,304
Net earnings $ 2,136 $ 1,951 $ 6,021 $ 6,073
Net earnings per share:        
Basic and diluted earnings per share $ 0.59 $ 0.54 $ 1.65 $ 1.67
Weighted average shares outstanding:        
Basic and diluted weighted average shares outstanding 3,643,659 3,643,506 3,643,598 3,643,498