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CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Loans:    
Taxable $ 5,154 $ 3,875
Tax-exempt 67 83
Investment securities:    
Taxable 963 635
Tax-exempt 621 584
Total interest income 6,805 5,177
Interest expense:    
Deposits 326 386
Borrowings 479 409
Total interest expense 805 795
Net interest income 6,000 4,382
Provision for loan losses 150 300
Net interest income after provision for loan losses 5,850 4,082
Non-interest income:    
Fees and service charges 1,670 1,308
Gains on sales of loans, net 1,116 1,030
Bank owned life insurance 127 153
Other 323 143
Total non-interest income 3,236 2,634
Non-interest expense:    
Compensation and benefits 3,484 2,453
Occupancy and equipment 1,113 702
Professional fees 286 225
Amortization of intangibles 304 223
Data processing 369 217
Advertising 112 107
Federal deposit insurance premiums 132 108
Foreclosure and real estate owned expense 13 41
Other 998 805
Total non-interest expense 6,811 4,881
Earnings before income taxes 2,275 1,835
Income tax expense 576 395
Net earnings $ 1,699 $ 1,440
Earnings per share:    
Basic (in dollars per share) $ 0.54 [1] $ 0.47 [1]
Diluted (in dollars per share) $ 0.53 [1] $ 0.46 [1]
Dividends per share (in dollars per share) $ 0.19 [1] $ 0.18 [1]
[1] Per share amounts for the period ended March 31, 2013 have been adjusted to give effect to the 5% stock dividend paid during December 2013.