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Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income:        
Interest and fees on loans $ 7,592 $ 8,170 $ 22,671 $ 24,822
Interest on due from banks 22 15 62 34
Interest on investment securities:        
U.S. Government sponsored enterprises 307 519 970 2,327
States and political subdivisions 1,179 877 3,233 2,463
Other 88 74 264 206
Total interest income 9,188 9,655 27,200 29,852
Interest expense:        
NOW, MMDA & savings deposits 160 274 578 913
Time deposits 396 737 1,285 2,632
FHLB borrowings 618 689 1,914 2,064
Junior subordinated debentures 100 110 299 332
Other 11 32 43 105
Total interest expense 1,285 1,842 4,119 6,046
Net interest income 7,903 7,813 23,081 23,806
Provision for loan losses 337 761 2,164 4,413
Net interest income after provision for loan losses 7,566 7,052 20,917 19,393
Non-interest income:        
Service charges 1,189 1,222 3,333 3,601
Other service charges and fees 258 228 900 828
Gain on sale of securities    12 614 1,203
Mortgage banking income 301 296 1,000 793
Insurance and brokerage commissions 161 150 478 404
Loss on sale and write-down of other real estate (111) (326) (284) (710)
Miscellaneous 1,313 1,304 3,806 3,739
Total non-interest income 3,111 2,886 9,847 9,858
Non-interest expense:        
Salaries and employee benefits 4,183 4,187 12,614 11,960
Occupancy 1,357 1,291 3,988 3,891
Other 2,349 2,678 7,004 7,420
Total non-interest expense 7,889 8,156 23,606 23,271
Earnings before income taxes 2,788 1,782 7,158 5,980
Income tax expense 870 369 1,848 1,400
Net earnings 1,918 1,413 5,310 4,580
Dividends and accretion on preferred stock 156 157 470 853
Net earnings available to common shareholders $ 1,762 $ 1,256 $ 4,840 $ 3,727
Basic net earnings per common share $ 0.31 $ 0.23 $ 0.86 $ 0.67
Diluted net earnings per common share $ 0.31 $ 0.23 $ 0.86 $ 0.67
Cash dividends declared per common share $ 0.03 $ 0.02 $ 0.09 $ 0.11