| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Sep'17 |
|---|---|---|---|---|---|---|---|---|---|
Interest and Dividend Income | |||||||||
Interest and fees on loans | |||||||||
39,586 | 38,255 | 36,877 | 35,287 | 33,279 | 31,314 | 0 | 0 | 0 | 0 |
Interest and dividends on securities | |||||||||
2,746 | 2,671 | 2,569 | 2,492 | 2,364 | 2,355 | 0 | 0 | 0 | 0 |
Other income | |||||||||
36 | 60 | 98 | 93 | 92 | 61 | 0 | 0 | 0 | 0 |
Total interest and dividend income | |||||||||
42,368 | 40,986 | 39,544 | 37,872 | 35,735 | 33,730 | 0 | 0 | 0 | 0 |
Interest Expense | |||||||||
Interest expense on deposits | |||||||||
7,624 | 6,989 | 6,256 | 5,411 | 4,756 | 4,203 | 0 | 0 | 0 | 0 |
Interest expense on borrowings | |||||||||
1,746 | 1,750 | 1,812 | 1,719 | 1,390 | 1,117 | 0 | 0 | 0 | 0 |
Total interest expense | |||||||||
9,370 | 8,739 | 8,068 | 7,130 | 6,146 | 5,320 | 0 | 0 | 0 | 0 |
Net interest income | |||||||||
32,998 | 32,247 | 31,476 | 30,742 | 29,589 | 28,410 | 0 | 0 | 0 | 0 |
Provision for loan losses | |||||||||
2,880 | 2,460 | 2,535 | 2,610 | 2,355 | 2,100 | 0 | 0 | 0 | 0 |
Net interest income after provision for loan losses | |||||||||
30,118 | 29,787 | 28,941 | 28,132 | 27,234 | 26,310 | 0 | 0 | 0 | 0 |
Noninterest Income | |||||||||
Service charges on deposit accounts | |||||||||
2,778 | 2,824 | 2,917 | 2,973 | 2,910 | 2,806 | 0 | 0 | 0 | 0 |
Net realized loss on sales and calls of securities | |||||||||
0 | - | - | 0 | - | -22 | 0 | 0 | 0 | 0 |
Net gain on sales of loans | |||||||||
918 | 619 | 663 | 671 | 639 | 621 | 0 | 0 | 0 | 0 |
Increase in cash surrender value of life insurance | |||||||||
395 | 398 | 400 | 401 | 402 | 401 | 0 | 0 | 0 | 0 |
Write-downs of other real estate owned | |||||||||
- | - | - | - | - | - | - | 0 | - | 0 |
Other real estate owned income | |||||||||
- | 28 | 29 | 32 | 42 | 42 | 0 | 0 | 0 | 0 |
Gain on sale of subsidiary | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Gain on disposal of premises and equipment | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Insurance related income | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Investment advisory income | |||||||||
1,043 | 944 | 1,019 | 1,019 | 874 | 809 | 0 | 0 | 0 | 0 |
Other | |||||||||
872 | 886 | 703 | 695 | 722 | 895 | 0 | 0 | 0 | 0 |
Total noninterest income | |||||||||
5,926 | 5,630 | 5,707 | 5,746 | 5,197 | 5,181 | 0 | 0 | 0 | 0 |
Noninterest Expense | |||||||||
Salaries and employee benefits | |||||||||
15,895 | 15,631 | 15,754 | 15,411 | 14,763 | 14,359 | 0 | 0 | 0 | 0 |
Sales commissions | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Occupancy | |||||||||
3,445 | 3,490 | 3,464 | 3,444 | 3,398 | 3,405 | 0 | 0 | 0 | 0 |
Data processing | |||||||||
1,387 | 1,340 | 1,314 | 1,244 | 1,195 | 1,162 | 0 | 0 | 0 | 0 |
Professional fees | |||||||||
1,442 | 1,386 | 1,285 | 1,141 | 1,005 | 933 | 0 | 0 | 0 | 0 |
Marketing | |||||||||
0 | - | 0 | - | 0 | - | 0 | - | - | - |
Advertising | |||||||||
- | - | - | 642 | - | - | - | 0 | 0 | 0 |
FDIC deposit insurance and other insurance | |||||||||
505 | 478 | 554 | 754 | 811 | 845 | 0 | 0 | 0 | 0 |
Other real estate owned expense | |||||||||
101 | 123 | 113 | 141 | 168 | 186 | 0 | 0 | 0 | 0 |
Amortization of intangible assets | |||||||||
43 | 43 | 41 | 42 | 42 | 42 | 0 | 0 | 0 | 0 |
Impairment loss on goodwill | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Other | |||||||||
4,834 | 4,768 | 4,493 | 4,500 | 4,496 | 4,369 | 0 | 0 | 0 | 0 |
Total noninterest expense | |||||||||
28,306 | 27,925 | 27,678 | 27,319 | 26,672 | 26,120 | 0 | 0 | 0 | 0 |
Income before income taxes | |||||||||
7,738 | 7,492 | 6,970 | 6,559 | 5,759 | 5,371 | 0 | 0 | 0 | 0 |
Provision for income taxes | |||||||||
1,611 | 1,529 | 1,549 | 1,265 | 1,107 | 1,014 | 0 | 0 | 0 | 0 |
Net income | |||||||||
6,127 | 5,963 | 5,421 | 5,294 | 4,652 | 4,357 | 0 | 0 | 0 | 0 |
Earnings per common share: | |||||||||
Basic (in dollars per share) | |||||||||
0.10 | 0.16 | 0.20 | 0.11 | 0.09 | - | - | - | - | - |
Diluted (in dollars per share) | |||||||||
0.10 | 0.16 | 0.20 | 0.11 | 0.09 | - | - | - | - | - |
Weighted average shares outstanding, basic | |||||||||
10,721 | - | 10,710 | - | 10,699 | - | - | - | - | - |
Weighted average shares outstanding, diluted | |||||||||
10,721 | - | 10,710 | - | 10,699 | - | - | - | - | - |
Weighted average shares outstanding (in shares) | |||||||||
- | - | - | 10,705 | - | - | - | - | - | - |