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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
INTEREST INCOME        
Interest and fees on loans $ 10,104 $ 10,048 $ 20,177 $ 19,913
Interest on investment securities:        
Taxable 890 874 1,792 1,755
Nontaxable 172 174 355 363
Federal funds sold and other overnight interest-bearing deposits 8 9 22 18
Dividends on other securities 40 20 66 40
Total interest income 11,214 11,125 22,412 22,089
Interest on deposits:        
Savings, interest checking and money market 247 254 497 521
Time deposit accounts $100,000 and over 222 244 431 487
Other time deposits 268 357 562 736
Interest on federal funds purchased and securities sold under agreements to repurchase 9 4 16 9
Interest on subordinated notes 320 315 633 627
Interest on Federal Home Loan Bank advances 164 104 311 208
Total interest expense 1,230 1,278 2,450 2,588
Net interest income 9,984 9,847 19,962 19,501
Provision for loan losses 250 0 250 0
Net interest income after provision for loan losses 9,734 9,847 19,712 19,501
NON-INTEREST INCOME        
Service charges and other fees 864 939 1,694 1,830
Bank card income and fees 629 616 1,216 1,159
Trust department income 274 228 478 431
Real estate servicing fees, net 186 22 180 199
Gain on sale of mortgage loans, net 434 257 781 448
Other 74 121 99 202
Total non-interest income 2,461 2,183 4,448 4,269
NON-INTEREST EXPENSE        
Salaries and employee benefits 5,175 4,960 10,478 9,991
Occupancy expense, net 717 672 1,380 1,292
Furniture and equipment expense 484 453 915 896
FDIC insurance assessment 258 242 499 480
Legal, examination, and professional fees 339 282 610 508
Advertising and promotion 270 256 507 546
Postage, printing, and supplies 272 280 543 545
Processing, network, and bank card expense 807 791 1,596 1,579
Real estate foreclosure expense and (gains), net 158 172 (23) 296
Other 787 703 1,470 1,385
Total non-interest expense 9,267 8,811 17,975 17,518
Income before income taxes 2,928 3,219 6,185 6,252
Income tax expense 1,001 1,121 2,120 2,167
Net income $ 1,927 $ 2,098 $ 4,065 $ 4,085
Basic earnings per share (in dollars per share) $ 0.35 $ 0.39 $ 0.75 $ 0.75
Diluted earnings per share (in dollars per share) $ 0.35 $ 0.39 $ 0.75 $ 0.75