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Consolidated Statement of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
INTEREST INCOME        
Interest and fees on loans $ 5,646 $ 5,754 $ 16,915 $ 16,876
Interest-bearing deposits in other institutions 5 6 19 23
Federal funds sold 2 4 11 12
Investment securities:        
Taxable interest 441 610 1,476 1,909
Tax-exempt interest 798 782 2,336 2,259
Dividends on stock 19 18 62 56
Total interest income 6,911 7,174 20,819 21,135
INTEREST EXPENSE        
Deposits 898 1,170 2,767 3,686
Short-term borrowings 38 42 111 141
Other borrowings 30 41 94 131
Trust preferred securities 33 75 93 156
Total interest expense 999 1,328 3,065 4,114
NET INTEREST INCOME 5,912 5,846 17,754 17,021
Provision for loan losses 70 153 370 766
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 5,842 5,693 17,384 16,255
NONINTEREST INCOME        
Service charges on deposit accounts 489 510 1,399 1,468
Investment securities gains, net 190   248 175
Earnings on bank-owned life insurance 71 66 206 209
Gain on sale of loans 20   20  
Other income 220 232 689 643
Total noninterest income 990 808 2,562 2,495
NONINTEREST EXPENSE        
Salaries and employee benefits 2,144 1,872 6,428 5,649
Occupancy expense 272 273 868 795
Equipment expense 296 228 710 603
Data processing costs 251 209 689 609
Ohio state franchise tax 93 164 269 467
Federal deposit insurance expense 132 135 361 353
Professional fees 189 316 814 883
(Gain) loss on sale of other real estate owned 49 (35) 119 (40)
Advertising expense 120 113 367 336
Other real estate expense 91 128 256 324
Directors fees 99 77 303 315
Other expense 649 635 2,028 1,770
Total noninterest expense 4,385 4,115 13,212 12,064
Income before income taxes 2,447 2,386 6,734 6,686
Income taxes 529 521 1,442 1,479
NET INCOME $ 1,918 $ 1,865 $ 5,292 $ 5,207
EARNINGS PER SHARE        
Basic (in Dollars per share) $ 0.94 $ 0.92 $ 2.60 $ 2.59
Diluted (in Dollars per share) $ 0.93 $ 0.92 $ 2.59 $ 2.58
DIVIDENDS DECLARED PER SHARE (in Dollars per share) $ 0.26 $ 0.26 $ 0.78 $ 0.78