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Condensed Quarterly Earnings (unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Condensed Quarterly Earnings (unaudited)
Condensed Quarterly Earnings (unaudited)
 
 
 
2013
 
2012
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(Dollars in Thousands, Except per share data)
Interest income
 
$
13,319

 
$
13,142

 
$
13,586

 
$
13,763

 
$
13,633

 
$
13,943

 
$
14,032

 
$
13,158

Interest expense
 
(3,090
)
 
(2,949
)
 
(2,887
)
 
(2,779
)
 
(4,707
)
 
(4,334
)
 
(4,117
)
 
(3,727
)
Net interest income
 
10,229

 
10,193

 
10,699

 
10,984

 
8,926

 
9,609

 
9,915

 
9,431

Provision for loan losses
 
(80
)
 
(54
)
 
(109
)
 
1,202

 
(504
)
 
(2,045
)
 
(850
)
 
(844
)
Non-interest income
 
1,953

 
2,174

 
2,124

 
2,191

 
1,850

 
1,904

 
2,249

 
2,696

Non-interest expense
 
(7,178
)
 
(7,490
)
 
(7,147
)
 
(8,556
)
 
(6,832
)
 
(7,132
)
 
(7,251
)
 
(7,446
)
Income before income tax expense
 
4,924

 
4,823

 
5,567

 
5,821

 
3,440

 
2,336

 
4,063

 
3,837

Income taxes
 
(1,680
)
 
(1,690
)
 
(1,958
)
 
(2,061
)
 
(1,230
)
 
(771
)
 
(1,441
)
 
(1,308
)
Net income
 
$
3,244

 
$
3,133

 
$
3,609

 
$
3,760

 
$
2,210

 
$
1,565

 
$
2,622

 
$
2,529

Per common share data:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.83

 
$
0.80

 
$
0.92

 
$
0.95

 
$
0.84

 
$
0.60

 
$
0.99

 
$
0.86

Diluted earnings per common share
 
0.83

 
0.80

 
0.91

 
0.95

 
0.84

 
0.60

 
0.99

 
0.86

Dividends declared per share
 
0.14

 
0.14

 
0.14

 
0.14

 
0.07

 
0.07

 
0.07

 
0.07