XML 35 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest and Dividend Income      
Interest and fees on loans $ 23,029 $ 23,529 $ 23,001
Interest on federal funds sold   2 10
Interest and dividends on securities available for sale:      
Taxable interest income 2,695 2,489 2,784
Interest income exempt from federal income taxes 1,397 1,302 1,194
Dividends 413 446 461
Interest on deposits in banks 37 21 3
Total interest and dividend income 27,571 27,789 27,453
Interest Expense      
Interest on deposits 2,439 2,983 4,040
Interest on federal funds purchased and securities sold under agreements to repurchase 364 387 392
Interest on Federal Home Loan Bank advances 1,685 1,844 2,042
Interest on trust preferred capital notes 137 138 184
Interest on interest rate swap 180 178 135
Total interest expense 4,805 5,530 6,793
Net interest income 22,766 22,259 20,660
Provision For Loan Losses 3,750 6,325 4,350
Net interest income after provision for loan losses 19,016 15,934 16,310
Noninterest Income      
Income from fiduciary activities 907 917 818
Service charges on deposit accounts 1,586 1,784 2,053
Other service charges and fees 3,190 2,993 2,148
Gain (loss) on the sale of bank premises and equipment 76 (83)  
Loss on the sale of other real estate owned (361) (338) (26)
Gain (loss) on securities 67 98 (419)
Other operating income 120 128 52
Total noninterest income 5,585 5,499 4,626
Noninterest Expenses      
Salaries and employee benefits 10,609 9,263 9,262
Occupancy expenses 1,155 1,142 1,069
Equipment expenses 676 625 665
Advertising and marketing expenses 500 435 409
Stationery and supplies 292 246 311
ATM network fees 546 442 104
Other real estate owned expenses 159 19 366
FDIC assessment 712 852 801
Computer software expense 507 419 317
Outside service fees 742 423 313
Bank franchise tax 376 317 305
Other operating expenses 2,634 2,626 2,558
Total noninterest expenses 18,908 16,809 16,480
Income before income taxes 5,693 4,624 4,456
Income Tax Expense 1,371 1,019 1,015
Net Income $ 4,322 $ 3,605 $ 3,441
Earnings Per Share      
Net income per common share, basic $ 1.31 $ 1.11 $ 1.09
Net income per common share, diluted $ 1.31 $ 1.11 $ 1.08