| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Interest Income: | |||||||||
Interest and fees on loans | |||||||||
34,025 | 32,383 | 30,817 | 28,182 | 26,469 | 23,777 | 21,979 | 23,184 | 25,573 | 29,502 |
Interest on investment securities | |||||||||
1,797 | 1,146 | 901 | 825 | 722 | 901 | 703 | 1,720 | 2,141 | 2,794 |
Investment securities - AFS - nontaxable | |||||||||
- | - | - | - | - | - | - | - | - | 58 |
Federal funds sold and securities purchased under agreements to resell | |||||||||
- | - | - | - | - | - | - | - | 1 | 36 |
Interest on deposits in FRB | |||||||||
4,880 | 3,086 | 1,207 | 458 | 213 | 277 | 312 | 224 | 186 | 59 |
Interest on deposits in other banks | |||||||||
0 | 0 | 5 | 8 | 6 | 7 | 8 | 23 | 39 | 41 |
Total interest income | |||||||||
40,702 | 36,615 | 32,930 | 29,473 | 27,410 | 24,962 | 23,002 | 25,151 | 27,940 | 32,490 |
Interest Expense: | |||||||||
Interest on deposits | |||||||||
3,432 | 2,278 | 1,426 | 1,167 | 1,056 | 1,104 | 1,330 | 1,791 | 2,620 | 4,217 |
Interest on other borrowed funds | |||||||||
456 | 425 | 304 | 242 | 225 | 241 | 281 | 270 | 344 | 372 |
Total interest expense | |||||||||
3,888 | 2,703 | 1,730 | 1,409 | 1,281 | 1,345 | 1,611 | 2,061 | 2,964 | 4,589 |
Interest Income (Expense), Net | |||||||||
36,814 | 33,912 | 31,200 | 28,064 | 26,129 | 23,617 | 21,391 | 23,090 | 24,976 | 27,901 |
Provision for Loan and Lease Losses | |||||||||
20 | -1,764 | 24 | -21 | -41 | -845 | -1,098 | 1,019 | 13,602 | 12,475 |
Net Interest Income after Provision for Credit Losses | |||||||||
36,794 | 35,676 | 31,176 | 28,085 | 26,170 | 24,462 | 22,489 | 22,071 | 11,374 | 15,426 |
Noninterest Income: | |||||||||
Customer service fees | |||||||||
3,257 | 3,544 | - | - | - | - | - | - | - | - |
Customer service fees | |||||||||
- | - | - | - | 3,620 | 3,473 | 3,456 | 3,583 | 3,640 | 3,812 |
Increase in cash surrender value of bank-owned life insurance | |||||||||
528 | 520 | 534 | 530 | 519 | 514 | 556 | 564 | 565 | 554 |
Equity Securities, FV-NI, Unrealized Gain (Loss) | |||||||||
117 | -78 | 0 | 0 | - | - | - | - | - | - |
Loss on marketable equity securities | |||||||||
117 | -78 | 0 | 0 | - | - | - | - | - | - |
Gain (Loss) on Sale of Insurance Block | |||||||||
0 | 171 | 0 | 0 | - | - | - | - | - | - |
Gain on fair value of junior subordinated debentures | |||||||||
1,165 | -424 | -882 | -518 | -73 | -102 | -776 | - | - | - |
(Loss) Gain on disposition of securities | |||||||||
- | - | - | - | - | - | - | - | 11 | 68 |
Gain on sale of other real estate owned | |||||||||
- | - | - | - | - | - | - | - | -231 | -85 |
Impairment loss on intangible assets | |||||||||
- | - | - | - | - | - | - | - | 36 | 57 |
Impairment loss on goodwill | |||||||||
- | - | - | - | - | - | - | - | 1,489 | 1,414 |
Impairment loss on investment securities, other than-temporary loss | |||||||||
- | - | - | - | - | - | - | 284 | 912 | 1,253 |
Gain on sale of loans | |||||||||
- | - | - | - | - | - | - | - | - | 509 |
Gain on sale of assets | |||||||||
- | - | - | - | - | - | - | - | 0 | 0 |
Gains on sale of investment | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
Gains from life insurance | |||||||||
- | - | - | - | - | - | - | - | - | 174 |
Gain (loss) on fair value of financial liability | |||||||||
- | - | - | - | - | - | - | -774 | 1,863 | 316 |
Loss on sale of securities | |||||||||
- | - | - | - | - | - | - | 195 | - | - |
Gain (Loss) on Sale of Other Investments | |||||||||
-115 | 0 | - | - | -23 | 691 | 0 | 1,739 | - | - |
Gain on redemption of JR subordinated debentures | |||||||||
- | - | - | - | 78 | 0 | - | - | - | - |
Gain (Loss) on Disposition of Property Plant Equipment | |||||||||
- | - | - | - | 10 | 25 | 0 | - | - | -11 |
Other | |||||||||
802 | 872 | 803 | 710 | 604 | 560 | 732 | 843 | 1,029 | 602 |
Total noninterest income | |||||||||
5,754 | 4,605 | 4,306 | 4,514 | 4,735 | 5,161 | 3,968 | 5,476 | 6,877 | 5,939 |
Noninterest Expense: | |||||||||
Salaries and employee benefits | |||||||||
11,109 | 11,721 | 10,821 | 10,628 | 9,921 | 9,653 | 9,214 | 9,082 | 9,109 | 8,949 |
Occupancy expense | |||||||||
3,332 | 3,264 | 4,254 | 4,222 | 4,042 | 3,760 | 3,678 | 3,548 | 3,487 | 3,789 |
Data processing | |||||||||
583 | 414 | 119 | 148 | 126 | 134 | 185 | 77 | 92 | 85 |
Professional fees | |||||||||
3,180 | 2,482 | 1,433 | 1,493 | 1,137 | 1,456 | 1,275 | 1,707 | 2,355 | 2,081 |
Regulatory assessments | |||||||||
164 | 330 | - | - | - | - | - | - | - | - |
Regulatory assessments | |||||||||
- | - | 391 | 767 | 959 | 943 | 1,150 | 1,409 | 2,082 | 2,546 |
Director fees | |||||||||
373 | 321 | 289 | 284 | 277 | 232 | 232 | 256 | 230 | 232 |
Amortization of intangibles | |||||||||
- | - | - | - | - | 62 | 187 | 304 | 620 | 769 |
Correspondent bank service charges | |||||||||
57 | 63 | 71 | 0 | - | 117 | 287 | 313 | 302 | 315 |
Impairment loss on other investments | |||||||||
- | - | - | - | - | - | - | - | -1 | -355 |
Impairment loss on OREO | |||||||||
- | - | - | - | - | - | - | - | 3,856 | 2,831 |
Income (Loss) from Equity Method Investments | |||||||||
0 | -25 | -109 | -158 | -73 | -39 | -253 | -39 | -418 | -424 |
Net cost on operation and sale of OREO | |||||||||
-244 | -145 | 150 | -263 | -619 | - | - | - | - | - |
Net cost on operation of OREO | |||||||||
- | - | - | - | - | 571 | 271 | - | - | - |
Net cost on operation of OREO | |||||||||
- | - | - | - | - | - | - | 934 | 3,503 | 1,532 |
Other | |||||||||
2,237 | 2,167 | 2,466 | 2,382 | 2,444 | 2,248 | 2,351 | 2,276 | 2,286 | 2,388 |
Total noninterest expense | |||||||||
21,279 | 20,932 | 19,803 | 20,345 | 19,598 | 19,215 | 19,083 | 19,945 | 30,778 | 29,020 |
Income Before Provision for Taxes | |||||||||
21,269 | 19,349 | 15,679 | 12,254 | 11,307 | 10,408 | 7,374 | 7,602 | -12,527 | -7,655 |
Provision for Taxes on Income | |||||||||
6,097 | 5,332 | 7,039 | 4,869 | 4,497 | 4,192 | 105 | 1,533 | -1,715 | -3,216 |
Net Income (Loss) Attributable to Parent | |||||||||
15,172 | 14,017 | 8,640 | 7,385 | 6,810 | 6,216 | 7,269 | 6,069 | -10,812 | -4,439 |
Earnings Per Share [Abstract] | |||||||||
Unrealized income (loss) on available for sale securities and unrecognized post-retirement costs - net of income tax expense (benefit) of $531 and $(208), respectively | |||||||||
- | - | - | - | - | - | - | - | -303 | - |
Unrealized gain (loss) on available for sale securities, and past service costs of employee benefit plans - net of income tax (benefit) expense of $237 and $(23) | |||||||||
- | - | - | - | - | - | - | - | - | 1,847 |
Comprehensive Income | |||||||||
- | - | - | - | - | - | - | - | -11,115 | -2,592 |
Earnings Per Share, Basic | |||||||||
0.90 | 0.83 | 0.51 | 0.44 | 0.40 | 0.37 | 0.49 | 0.41 | -0.77 | -0.33 |
Earnings Per Share, Diluted | |||||||||
0.89 | 0.83 | 0.51 | 0.44 | 0.40 | 0.37 | 0.49 | 0.41 | -0.77 | -0.33 |
Shares on which net income per common shares were based | |||||||||
Weighted Average Number of Shares Outstanding, Basic | |||||||||
16,951 | 16,899 | 16,885 | 16,881 | 16,880 | 16,686 | 15,398 | 14,789 | 14,082 | 13,531 |
Weighted Average Number of Shares Outstanding, Diluted | |||||||||
16,984 | 16,938 | 16,904 | 16,889 | 16,882 | 16,692 | 15,399 | 14,789 | 14,082 | 13,531 |
Customer service fees | |||||||||
Customer service fees | |||||||||
- | - | 3,851 | 3,792 | - | - | - | - | - | - |