Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

22.     Quarterly Results of Operations (unaudited)

2016 Quarters	Fourth			Third			Second		First
(in thousands, except share data)
Interest income	$	24,689		$	25,005		$	23,742	$	23,263
Interest expense		5,927			5,791			5,486		5,413
Net interest income		18,762			19,214			18,256		17,850
Provision for loan losses		200			375			350		450
Net interest income after provision for loan losses		18,562			18,839			17,906		17,400
Other operating income		3,700			4,225			4,643		3,654
Operating expenses		16,156			16,630			16,288		15,683
Income before income taxes		6,106			6,434			6,261		5,371
Provision for income taxes		(394	)		(52	)		20		64
Net income	$	6,500		$	6,486		$	6,241	$	5,307
Share data:
Average shares outstanding, basic
Class A		3,600,729			3,600,729			3,600,729		3,600,729
Class B		1,967,180			1,967,180			1,967,180		1,967,180
Average shares outstanding, diluted
Class A		5,567,909			5,567,909			5,567,909		5,567,909
Class B		1,967,180			1,967,180			1,967,180		1,967,180
Earnings per share, basic
Class A	$	1.42		$	1.41		$	1.36	$	1.16
Class B	$	0.71		$	0.71		$	0.68	$	0.58
Earnings per share, diluted
Class A	$	1.17		$	1.16		$	1.12	$	0.95
Class B	$	0.71		$	0.71		$	0.68	$	0.58
2015 Quarters	Fourth			Third			Second		First
(in thousands, except share data)
Interest income	$	22,496		$	23,750		$	22,675	$	21,172
Interest expense		5,274			5,134			4,961		4,765
Net interest income		17,222			18,616			17,714		16,407
Provision for loan losses		—			—			—		200
Net interest income after provision for loan losses		17,222			18,616			17,714		16,207
Other operating income		4,448			3,830			4,210		3,505
Operating expenses		15,794			16,100			15,766		14,538
Income before income taxes		5,876			6,346			6,158		5,174
Provision for income taxes		(95	)		180			233		215
Net income	$	5,971		$	6,166		$	5,925	$	4,959
Share data:
Average shares outstanding, basic
Class A		3,600,729			3,600,729			3,600,729		3,600,729
Class B		1,967,180			1,967,180			1,967,180		1,967,180
Average shares outstanding, diluted
Class A		5,567,909			5,567,909			5,567,909		5,567,909
Class B		1,976,180			1,967,180			1,967,180		1,967,180
Earnings per share, basic
Class A	$	1.30		$	1.35		$	1.29	$	1.08
Class B	$	0.65		$	0.67		$	0.65	$	0.54
Earnings per share, diluted
Class A	$	1.07		$	1.11		$	1.06	$	0.89
Class B	$	0.65		$	0.67		$	0.65	$	0.54