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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
INTEREST INCOME    
Interest & fees on loans and leases $ 8,807 $ 7,154
Interest on interest-bearing balances 7 11
Interest and dividends on investment securities:    
U.S. Treasury and government agencies 322 331
State and political subdivision obligations, tax-exempt 464 531
Other securities 94 131
Interest on federal funds sold and securities purchased under agreements to resell 3  
Total Interest Income 9,697 8,158
INTEREST EXPENSE    
Interest on deposits 1,039 914
Interest on short-term borrowings 13 11
Interest on long-term debt 230 195
Total Interest Expense 1,282 1,120
Net Interest Income 8,415 7,038
PROVISION FOR LOAN AND LEASE LOSSES 340 300
Net Interest Income After Provision for Loan and Lease Losses 8,075 6,738
NONINTEREST INCOME    
Income from fiduciary activities 106 127
Service charges on deposits 155 150
Net gain on sales of investment securities   177
Earnings from cash surrender value of life insurance 70 56
Mortgage banking income 186 67
ATM debit card interchange income 200 155
Merchant services income 67 50
Net gain on sales of SBA loans 190  
Other income 258 167
Total Noninterest Income 1,232 949
NONINTEREST EXPENSE    
Salaries and employee benefits 3,723 3,195
Occupancy expense, net 547 454
Equipment expense 435 313
Pennsylvania Bank Shares tax expense 203 115
FDIC Assessment 153 139
Legal and professional fees 202 143
Director fees and benefits expense 89 83
Marketing and advertising expense 84 88
Software licensing 331 319
Telephone expense 142 123
Loss on sale/write-down of foreclosed assets 104 32
Intangible amortization 37 9
Loan collection costs 39 80
Merger and acquisition expense   762
Other expenses 893 785
Total Noninterest Expense 6,982 6,640
INCOME BEFORE PROVISION FOR INCOME TAXES 2,325 1,047
Provision for income taxes 520 84
NET INCOME $ 1,805 $ 963
PER COMMON SHARE DATA:    
Basic Earnings Per Common Share $ 0.43 $ 0.23
Cash Dividends $ 0.22 $ 0.10
Series B Preferred Stock [Member]    
NONINTEREST EXPENSE    
Preferred stock dividends   $ 87
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 1,805 $ 876