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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      
Loans, including fees $ 55,425 $ 52,228 $ 47,134
Securities available for sale      
Taxable 5,628 5,350 4,866
Tax-exempt 261 332 207
Federal funds sold and other 676 431 204
Total interest income 61,990 58,341 52,411
Interest expense      
Deposits 3,855 3,884 3,482
Repurchase agreements and other 33 37 38
FHLB advances and other borrowings 319 466 511
Subordinated debt 295 256 0
Total interest expense 4,502 4,643 4,031
Net interest income 57,488 53,698 48,380
Provision for loan losses 2,499 1,748 326
Net interest income after provision for loan losses 54,989 51,950 48,054
Non-interest income      
Service charges on deposit accounts 4,357 4,030 3,665
Electronic banking income 3,260 3,145 2,691
Secondary market mortgage income 201 212 137
Gain on disposition of securities 0 4 0
Other 837 796 606
Total non-interest income 8,655 8,187 7,099
Non-interest expenses      
Salaries and employee benefits 19,355 19,805 16,949
Occupancy and equipment expenses 5,999 6,266 5,201
Outside data processing 5,173 5,210 4,395
Professional fees 975 784 664
Taxes, other than payroll, property and income 780 614 591
Write-downs, expenses, sales of other real estate owned, net 1,601 1,826 2,109
Loan collection expenses 627 435 403
FDIC insurance 675 840 866
Amortization of intangibles 974 1,139 853
Other expenses 4,059 4,274 3,773
Total non-interest expenses 40,218 41,193 35,804
Income before income taxes 23,426 18,944 19,349
Provision for income taxes 8,607 6,770 6,903
Net income $ 14,819 $ 12,174 $ 12,446
Earnings per share:      
Basic (in dollars per share) $ 1.39 $ 1.16 $ 1.38
Diluted (in dollars per share) 1.38 1.15 1.35
Dividends per share (in dollars per share) $ 0.60 $ 0.56 $ 0.51