XML 12 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest and Dividend Income        
Interest and fees on loans $ 5,711 $ 5,873 $ 11,442 $ 11,680
Interest on federal funds sold       2
Interest and dividends on securities available for sale:        
Taxable interest income 739 661 1,453 1,295
Interest income exempt from federal income taxes 335 324 662 652
Dividends 65 68 126 139
Interest on deposits in banks 14 8 20 10
Total interest and dividend income 6,864 6,934 13,703 13,778
Interest Expense        
Interest on deposits 635 764 1,296 1,549
Interest on federal funds purchased and securities sold under agreements to repurchase 91 95 181 193
Interest on Federal Home Loan Bank advances 453 460 891 915
Interest on trust preferred capital notes 33 35 67 67
Interest on interest rate swap 46 45 90 90
Total interest expense 1,258 1,399 2,525 2,814
Net interest income 5,606 5,535 11,178 10,964
Provision For Loan Losses 900 750 1,800 1,300
Net interest income after provision for loan losses 4,706 4,785 9,378 9,664
Noninterest Income        
Income from fiduciary activities 241 222 509 462
Service charges on deposit accounts 396 477 784 923
Other service charges and fees 839 745 1,613 1,412
(Loss) on the sale of other real estate owned (113) (121) (161) (247)
Gain on sale of securities 163   163 98
Other operating income 16 60 39 99
Total noninterest income 1,542 1,383 2,947 2,747
Noninterest Expenses        
Salaries and employee benefits 2,487 2,345 4,900 4,534
Occupancy expenses 282 281 591 573
Equipment expenses 183 144 344 296
Advertising and marketing expenses 125 95 250 200
Stationery and supplies 69 47 168 112
ATM network fees 132 106 246 192
FDIC assessment 177 178 376 492
Computer software expense 143 134 269 207
Outside service fees 92 81 287 143
Other operating expenses 754 694 1,517 1,414
Total noninterest expenses 4,444 4,105 8,948 8,163
Income before income taxes 1,804 2,063 3,377 4,248
Income Tax Expense 481 578 887 1,185
Net income $ 1,323 $ 1,485 $ 2,490 $ 3,063
Earnings Per Share        
Net income per common share, basic $ 0.40 $ 0.46 $ 0.76 $ 0.95
Net income per common share, diluted $ 0.40 $ 0.46 $ 0.76 $ 0.95