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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest and fees on loans:        
Taxable $ 5,682 $ 5,413 $ 11,197 $ 10,549
Tax-exempt 393 346 812 703
Interest and dividends on investment securities available-for-sale:        
Taxable 603 633 1,239 1,299
Tax-exempt 328 411 687 886
Dividends 8 8 15 17
Interest on interest-bearing deposits in other banks 1 3 5 5
Interest on federal funds sold   11   13
Total interest income 7,015 6,825 13,955 13,472
Interest expense:        
Interest on deposits 1,071 1,132 2,119 2,176
Interest on short-term borrowings 49 76 111 162
Interest on long-term debt 170 263 343 520
Total interest expense 1,290 1,471 2,573 2,858
Net interest income 5,725 5,354 11,382 10,614
Provision for loan losses 390 804 1,035 1,225
Net interest income after provision for loan losses 5,335 4,550 10,347 9,389
Noninterest income:        
Service charges, fees, commissions and other 797 711 1,540 1,420
Wealth management income 138 236 281 375
Mortgage banking income 302 98 376 146
Net gain on sale of investment securities available-for-sale 99 2 383 12
Other-than-temporary impairment of investment equity securities       (84)
Net gain (loss) on sale of other real estate owned 1 1,583 (7) 1,583
Total noninterest income 1,337 2,630 2,573 3,452
Noninterest expense:        
Salaries and employee benefits expense 1,749 1,628 3,479 3,074
Net occupancy and equipment expense 753 699 1,543 1,375
Other expenses 1,396 1,743 2,190 3,016
Total noninterest expense 3,898 4,070 7,212 7,465
Income before income taxes 2,774 3,110 5,708 5,376
Provision for income taxes 490 751 1,004 1,218
Net income 2,284 2,359 4,704 4,158
Other comprehensive income:        
Unrealized gain on investment securities available-for-sale 1,791 3,183 1,768 4,283
Reclassification adjustment for gain on sales included in net income (99) (2) (383) (12)
Reclassification adjustment for other-than-temporary impairment       84
Income tax expense related to other comprehensive income 575 1,082 471 1,481
Other comprehensive income, net of income taxes 1,117 2,099 914 2,874
Comprehensive income $ 3,401 $ 4,458 $ 5,618 $ 7,032
Net income:        
Basic (in dollars per share) $ 0.73 $ 0.75 $ 1.51 $ 1.32
Diluted (in dollars per share) $ 0.73 $ 0.75 $ 1.51 $ 1.32
Average common shares outstanding:        
Basic (in shares) 3,118,429 3,146,611 3,118,269 3,144,386
Diluted (in shares) 3,118,690 3,147,904 3,118,880 3,146,366
Dividends declared (in dollars per share) $ 0.21 $ 0.20 $ 0.42 $ 0.40