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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest and Dividend Income        
Interest and fees on loans $ 4,536 $ 4,673 $ 13,154 $ 14,422
Interest on deposits in banks 3 18 33 45
Interest and dividends on securities available for sale:        
Taxable interest 536 498 1,660 1,313
Tax-exempt interest 86 79 276 228
Dividends 20 18 62 56
Total interest and dividend income 5,181 5,286 15,185 16,064
Interest Expense        
Interest on deposits 343 572 1,115 1,910
Interest on federal funds purchased 2   2  
Interest on trust preferred capital notes 55 55 163 166
Interest on other borrowings 30 30 89 89
Total interest expense 430 657 1,369 2,165
Net interest income 4,751 4,629 13,816 13,899
Provision for (recovery of) loan losses (100) 275 (700) 2,525
Net interest income after provision for (recovery of) loan losses 4,851 4,354 14,516 11,374
Noninterest Income        
Service charges on deposit accounts 655 627 1,928 1,550
ATM and check card fees 367 373 1,067 1,071
Wealth management fees 494 406 1,450 1,233
Fees for other customer services 94 86 307 302
Income from bank owned life insurance 103 68 266 199
Net gains on sale of loans   47   171
Net (losses) on sale of securities available for sale (91)   (69)  
Other operating income 32 18 46 634
Total noninterest income 1,654 1,625 4,995 5,160
Noninterest Expense        
Salaries and employee benefits 2,668 2,411 7,731 7,488
Occupancy 303 306 896 980
Equipment 299 302 898 889
Marketing 114 81 349 304
Stationery and supplies 84 66 258 222
Legal and professional fees 250 237 699 635
ATM and check card fees 167 176 493 502
FDIC assessment 90 189 384 710
Bank franchise tax 106 71 305 209
Other real estate owned, net (23) 252 (62) 735
Telecommunications 75 72 219 212
Data processing 129 99 378 277
Loss on disposal of premises and equipment     2 3
Loss on land lease termination       206
Other operating expense 491 386 1,364 1,146
Total noninterest expense 4,753 4,648 13,914 14,518
Income before income taxes 1,752 1,331 5,597 2,016
Income tax expense (benefit) 505 91 1,662 (468)
Net income 1,247 1,240 3,935 2,484
Effective dividend and accretion on preferred stock 329 229 810 684
Net income available to common shareholders $ 918 $ 1,011 $ 3,125 $ 1,800
Earnings per common share, basic and diluted $ 0.19 $ 0.21 $ 0.64 $ 0.37