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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest income:        
Loans receivable $ 2,293 $ 2,026 $ 6,530 $ 5,903
Investment securities and interest-bearing deposits 185 177 508 548
Total interest income 2,478 2,203 7,038 6,451
Interest expense:        
Deposits 125 148 350 462
Total interest expense 125 148 350 462
Net interest income 2,353 2,055 6,688 5,989
Provision for loan losses (70) 100   420
Net interest income after provision for loan losses 2,423 1,955 6,688 5,569
Noninterest income:        
Gain on sale of loans held for sale 302 214 826 564
Loan servicing fees 210 168 640 600
Insurance commissions 188 195 529 487
Fees and service charges 113 129 342 346
Bargain purchase gain 2,848   2,848  
Other 204 211 650 698
Total noninterest income 3,865 917 5,835 2,695
Noninterest expenses:        
Compensation and benefits 1,168 1,093 3,425 3,460
Occupancy 196 172 553 573
Data processing 268 266 698 685
Advertising 71 71 194 181
Amortization of mortgage servicing rights 98 90 275 239
Other real estate owned 173   429 398
Other 546 570 1,491 1,540
Total noninterest expenses 2,520 2,262 7,065 7,076
Income before income taxes 3,768 610 5,458 1,188
Income tax expense 348 92 995 323
Net income $ 3,420 $ 518 $ 4,463 $ 865
Earnings per share:        
Basic $ 4.63 $ 0.68 $ 5.88 $ 1.14
Diluted $ 4.63 $ 0.68 $ 5.88 $ 1.14