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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest and Dividend Income        
Interest and fees on loans $ 5,748 $ 5,711 $ 11,423 $ 11,442
Interest and dividends on securities available for sale:        
Taxable interest income 554 739 1,152 1,453
Interest income exempt from federal income taxes 351 335 711 662
Dividends 107 65 210 126
Interest on deposits in banks 2 14 5 20
Total interest and dividend income 6,762 6,864 13,501 13,703
Interest Expense        
Interest on deposits 397 635 841 1,296
Interest on federal funds purchased and securities sold under agreements to repurchase 89 91 180 181
Interest on Federal Home Loan Bank advances 273 453 571 891
Interest on trust preferred capital notes 37 33 75 67
Interest on interest rate swap 42 46 83 90
Total interest expense 838 1,258 1,750 2,525
Net interest income 5,924 5,606 11,751 11,178
Provision For Loan Losses 300 900 600 1,800
Net interest income after provision for loan losses 5,624 4,706 11,151 9,378
Noninterest Income        
Income from fiduciary activities 281 241 521 509
Service charges on deposit accounts 370 396 722 784
Other service charges and fees 868 839 1,678 1,613
Gain on sale of securities 14 163 14 163
Other operating income 40 21 108 39
Total noninterest income 1,573 1,660 3,043 3,108
Noninterest Expenses        
Salaries and employee benefits 2,671 2,487 5,284 4,900
Occupancy expenses 287 282 579 591
Equipment expenses 176 183 340 344
Advertising and marketing expenses 100 125 215 250
Stationery and supplies 69 69 140 168
ATM network fees 135 132 257 246
Other real estate owned expense 29 27 50 107
(Gain) loss on the sale of other real estate owned (4) 118 (15) 161
FDIC assessment (77) 177 106 376
Computer software expense 101 143 236 269
Bank franchise tax 95 94 196 173
Professional fees 259 232 520 529
Other operating expenses 539 493 1,074 995
Total noninterest expenses 4,380 4,562 8,982 9,109
Income before income taxes 2,817 1,804 5,212 3,377
Income Tax Expense 815 481 1,496 887
Net income $ 2,002 $ 1,323 $ 3,716 $ 2,490
Earnings Per Share        
Net income per common share, basic $ 0.60 $ 0.40 $ 1.12 $ 0.76
Net income per common share, diluted $ 0.60 $ 0.40 $ 1.12 $ 0.76