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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest and Dividend Income        
Interest and fees on loans $ 5,437 $ 5,589 $ 10,738 $ 10,920
Interest and dividends on securities available for sale:        
Taxable interest income 406 482 782 989
Interest income exempt from federal income taxes 246 278 489 564
Dividends 26 46 33 71
Interest on deposits with other institutions 6 1 17 2
Total interest and dividend income 6,121 6,396 12,059 12,546
Interest Expense        
Interest on deposits 182 245 366 489
Interest on federal funds purchased and securities sold under agreements to repurchase 1 7 1 20
Interest on Federal Home Loan Bank advances 66 158 200 317
Interest on trust preferred capital notes 33 32 66 65
Interest on interest rate swap 45 46 91 92
Total interest expense 327 488 724 983
Net interest income 5,794 5,908 11,335 11,563
Provision For (Recovery of) Loan Losses 300 (283) 433 0
Net interest income after provision for (recovery of) loan losses 5,494 6,191 10,902 11,563
Noninterest Income        
Income from fiduciary activities 356 362 784 661
Service charges on deposit accounts 307 319 597 652
Other service charges and fees 930 827 1,686 1,480
Gain on sale of securities 22 6 96 6
Other operating income 29 46 110 112
Total noninterest income 1,644 1,560 3,273 2,911
Noninterest Expenses        
Salaries and employee benefits 3,112 2,926 6,107 5,751
Occupancy expenses 436 307 782 644
Equipment expenses 260 167 406 349
Advertising and marketing expenses 184 126 303 258
Stationery and supplies 61 74 112 164
ATM network fees 191 201 349 358
Other real estate owned expense 14 6 20 10
Loss (gain) on the sale of other real estate owned 73 (17) 92 (17)
FDIC assessment 103 86 211 167
Computer software expense 192 213 413 412
Bank franchise tax 126 117 243 219
Professional fees 261 254 503 471
Cost to terminate operating lease 520   520  
Other operating expenses 598 506 1,128 1,023
Total noninterest expenses 6,131 4,966 11,189 9,809
Income before income taxes 1,007 2,785 2,986 4,665
Income Tax Expense 209 827 733 1,344
Net income $ 798 $ 1,958 $ 2,253 $ 3,321
Earnings Per Share        
Net income per common share, basic $ 0.23 $ 0.57 $ 0.65 $ 0.97
Net income per common share, diluted $ 0.23 $ 0.57 $ 0.65 $ 0.97