| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 |
|---|---|---|---|---|---|---|---|---|---|
Interest and Dividend Income | |||||||||
Loans, including fees | |||||||||
43,574 | 36,862 | 30,841 | 21,206 | 16,484 | 17,736 | 20,172 | 24,046 | 28,185 | 32,085 |
Investment securities, taxable | |||||||||
982 | 1,094 | 1,561 | 2,824 | 3,073 | 2,109 | 1,745 | 1,600 | 1,487 | 990 |
Investment securities, tax-exempt | |||||||||
207 | 251 | 492 | 751 | 522 | 145 | 228 | 74 | 23 | 35 |
Dividends, restricted stock | |||||||||
627 | 467 | 257 | 250 | 311 | 123 | 19 | 4 | - | - |
Interest-bearing cash accounts | |||||||||
2,265 | 1,356 | 631 | 213 | 72 | 54 | 137 | 51 | 31 | - |
Dividends, restricted stock | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Interest-bearing cash accounts | |||||||||
- | - | - | - | - | - | - | - | - | 38 |
Total Interest and Dividend Income | |||||||||
47,655 | 40,030 | 33,782 | 25,244 | 20,462 | 20,167 | 22,301 | 25,775 | 29,726 | 33,148 |
Interest Expense | |||||||||
Deposits | |||||||||
14,348 | 9,200 | 6,236 | 4,537 | 3,431 | 3,969 | 5,279 | 6,692 | 8,453 | 10,114 |
Short-term borrowings | |||||||||
7 | 68 | 34 | - | 0 | - | - | - | - | - |
Long-term borrowings | |||||||||
2,693 | 2,200 | 2,176 | 2,195 | 1,817 | 1,102 | 1,665 | 1,720 | 1,745 | - |
Subordinated debt | |||||||||
1,532 | 1,527 | - | - | - | - | - | - | - | - |
Subordinated Debt | |||||||||
- | - | 1,000 | - | 0 | - | - | - | - | - |
Short-term borrowings | |||||||||
- | - | - | - | - | - | - | - | - | 8 |
Long-term borrowings | |||||||||
- | - | - | - | - | - | - | - | - | 3,519 |
Total Interest Expense | |||||||||
18,580 | 12,995 | 9,446 | 6,732 | 5,248 | 5,071 | 6,944 | 8,412 | 10,198 | 13,641 |
Net Interest Income | |||||||||
29,075 | 27,035 | 24,336 | 18,512 | 15,214 | 15,096 | 15,357 | 17,363 | 19,528 | 19,507 |
Provision for Loan Losses | |||||||||
2,379 | 954 | 2,791 | 947 | 90 | 263 | 11,235 | 810 | 12,392 | - |
Provision (Credit) for Loan Losses | |||||||||
- | - | - | - | - | - | - | - | - | 9,367 |
Net Interest Income after Provision for Loan losses | |||||||||
26,696 | 26,081 | 21,545 | 17,565 | 15,124 | 14,833 | 4,122 | 16,553 | 7,136 | 10,140 |
Other Income | |||||||||
Service charges and other fees | |||||||||
1,796 | 1,268 | 992 | 923 | - | - | - | - | - | - |
Service charges and other fees | |||||||||
- | - | - | - | 989 | 947 | 1,049 | 897 | 888 | 1,223 |
Rental income - other real estate owned | |||||||||
- | - | - | - | - | - | - | - | - | 56 |
Rental income | |||||||||
243 | 268 | 227 | 211 | 249 | 255 | 251 | 253 | 267 | 254 |
Net gains on sale of investments | |||||||||
28 | - | - | - | - | - | - | - | - | - |
Net gains on sale of investments | |||||||||
- | - | 463 | 565 | - | - | - | - | - | - |
Gain (loss) on sale of investments, net | |||||||||
- | - | - | - | - | - | - | - | - | -13 |
Net gains on sale of real estate | |||||||||
- | 1,186 | - | - | - | - | - | - | - | -142 |
Gain on sale of investments, net | |||||||||
- | - | - | - | 515 | 83 | 479 | 751 | - | - |
Net gains on sale of real estate | |||||||||
- | - | - | 1 | 0 | -41 | -1 | - | - | - |
Net gains on sale of loans | |||||||||
37 | 102 | 154 | 116 | 102 | 352 | -94 | - | - | - |
Earnings on bank-owned life insurance | |||||||||
488 | 480 | 505 | 517 | 680 | 559 | 1,176 | 526 | 547 | 563 |
Total Other Income | |||||||||
2,592 | 3,304 | 2,341 | 2,333 | 2,535 | 2,155 | 2,860 | 2,427 | 1,702 | - |
Other Expenses | |||||||||
Total Other Income | |||||||||
- | - | - | - | - | - | - | - | - | 1,941 |
Salaries and employee benefits | |||||||||
8,541 | 8,193 | 7,114 | 6,290 | 5,998 | 7,770 | 7,806 | 6,741 | 6,397 | 6,396 |
Occupancy expense | |||||||||
2,256 | 2,295 | 2,084 | 1,820 | 1,715 | 2,091 | 2,027 | 2,088 | 2,150 | 1,834 |
Federal deposit insurance premium | |||||||||
221 | 298 | 244 | 579 | 784 | 735 | 856 | 867 | 1,141 | 1,391 |
Advertising | |||||||||
107 | 152 | 216 | 131 | 239 | 561 | 737 | 718 | 737 | 736 |
Data processing | |||||||||
1,024 | 1,098 | 1,195 | 1,128 | 1,236 | 1,245 | 1,269 | 1,262 | 1,132 | 1,464 |
Professional fees | |||||||||
1,799 | 2,891 | 1,894 | 1,683 | 1,571 | 2,205 | 1,756 | 1,473 | 1,832 | 1,037 |
Other real estate owned expense, net | |||||||||
192 | - | -172 | 27 | - | - | - | - | - | - |
Pennsylvania shares tax | |||||||||
431 | - | - | - | - | - | - | - | - | - |
Other real estate owned (income) expense, net | |||||||||
- | - | - | - | -46 | -299 | 1,638 | 1,336 | 3,182 | 2,302 |
FHLB prepayment penalty | |||||||||
- | - | - | - | - | - | 1,543 | - | - | - |
Other operating expenses | |||||||||
2,916 | 2,876 | 2,572 | 2,264 | 2,464 | 2,336 | 2,143 | 1,908 | 1,958 | 1,945 |
Total Other Expenses | |||||||||
17,487 | 17,803 | 15,147 | 13,922 | 13,961 | 16,644 | 19,775 | 16,393 | 18,529 | 17,105 |
Income before income tax expense | |||||||||
- | - | - | - | 3,698 | 344 | -12,793 | 2,587 | -9,691 | - |
Income before income tax expense | |||||||||
11,801 | 11,582 | 8,739 | 5,976 | - | - | - | - | - | - |
Income tax expense | |||||||||
2,469 | 4,276 | 2,922 | -6,174 | -970 | -367 | 6,010 | 628 | -3,579 | - |
(Loss) Income before income tax expense (benefit) | |||||||||
- | - | - | - | - | - | - | - | - | -5,024 |
Income tax (benefit) expense | |||||||||
- | - | - | - | - | - | - | - | - | -1,895 |
Net Income | |||||||||
9,332 | 7,306 | 5,817 | 12,150 | 4,668 | 711 | -18,803 | 1,959 | -6,112 | -3,129 |
Earnings Per Common Share: | |||||||||
Basic | |||||||||
1.22 | 1.13 | 0.90 | 1.90 | 0.73 | 0.11 | -2.96 | 0.31 | -0.96 | -0.53 |
Diluted | |||||||||
1.22 | 1.13 | 0.90 | 1.90 | 0.00 | 0.00 | - | - | - | - |
Weighted Average Common Shares Outstanding: | |||||||||
Basic | |||||||||
7,638 | 6,456 | 6,431 | 6,409 | 6,393 | 6,378 | - | - | - | - |
Diluted | |||||||||
7,639 | 6,459 | 6,432 | 6,409 | 0 | 6,378 | - | - | - | - |
Dividends Declared Per Share (in dollars per share) | |||||||||
- | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.12 |