XML 82 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statement of Income and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest Income      
Loans, including fees $ 26,489 $ 29,840 $ 32,860
Debt securities:      
U.S. Treasury and government agency 4,427 4,457 4,583
Municipalities 2,112 2,107 2,167
Dividends 199 185 188
Federal funds sold 20 19 26
Other 26 52 69
Total interest income 33,273 36,660 39,893
Interest Expense      
Deposits 5,574 6,980 9,126
Federal funds purchased and securities sold under agreements to repurchase 242 293 278
Borrowed funds 434 883 1,459
Total interest expense 6,250 8,156 10,863
Net Interest Income - Before provision for loan losses 27,023 28,504 29,030
Provision for Loan Losses (Note 4) 738 1,715 5,325
Net Interest Income After Provision For Loan Losses 26,285 26,789 23,705
Noninterest Income      
Customer service fees 5,204 3,313 2,487
Other service charges and fees 3,499 3,385 3,464
Net gain (loss) on sale of other assets owned (634) (1,169) (109)
Net gain on sale of loans 2,041 807 1,395
Net gain on sale of securities (Note 3) 852 504 956
Total noninterest income 10,962 6,840 8,193
Noninterest Expenses      
Salaries and Wages 9,039 9,212 8,773
Employee benefits (Note 11) 3,288 2,835 2,909
Net occupancy expense 1,419 1,501 1,456
Furniture and equipment 1,400 1,379 1,504
Data processing 1,119 978 953
Franchise taxes 946 892 863
FDIC Assessment 467 762 1,053
Mortgage servicing rights amortization (Note 6) 768 498 683
Other general and administrative 5,109 4,165 4,341
Total other operating expenses 23,555 22,222 22,535
Income Before Income Taxes 13,692 11,407 9,363
Income Taxes (Note 10) 3,904 2,893 2,382
Net Income 9,788 8,514 6,981
Other Comprehensive Income (Net of Tax):      
Unrealized gains on securities (288) 5,843 (1,976)
Comprehensive Income $ 9,500 $ 14,357 $ 5,005
Earnings Per Share - Basic and Diluted $ 2.08 $ 1.82 $ 1.48
Weighted Average Shares Outstanding 4,695,876 4,689,021 4,721,235