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Condensed Consolidated Statements Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Loans        
Taxable $ 6,037 $ 6,170 $ 11,965 $ 12,022
Nontaxable 24 15 47 26
Securities        
Taxable 403 566 802 1,177
Nontaxable 146 302 293 638
Total interest income 6,610 7,053 13,107 13,863
Interest expense        
Deposits 768 1,010 1,622 2,059
Other borrowings 19 24 32 49
Repurchase agreements 60 344 128 770
Federal Home Loan Bank advances 74 113 149 246
Trust preferred securities 421 349 1,033 693
Total interest expense 1,342 1,840 2,964 3,817
Net interest income 5,268 5,213 10,143 10,046
Provision for loan losses 200 898 650 1,397
Net interest income after provision for loan losses 5,068 4,315 9,493 8,649
Noninterest income        
Data service fees 576 1,304 1,219 2,216
Trust fees 607 669 1,249 1,364
Customer service fees 668 640 1,299 1,221
Gain on sale of mortgage and OMSR's 1,395 565 2,576 990
Mortgage loan servicing fees, net (165) (4) 164 135
Gain on sale of non-mortgage loans 0 38 0 81
Net gain on sales of securities 0 1,871 0 1,871
Loss on sale or disposal of assets (50) (160) (106) (260)
Other income 177 174 388 342
Total non-interest income 3,208 5,097 6,789 7,960
Noninterest expense        
Salaries and employee benefits 3,597 3,573 7,096 7,103
Net occupancy expense 528 517 1,076 1,101
Equipment expense 712 718 1,423 1,429
FDIC insurance expense 223 254 437 572
Data processing fees 121 192 234 336
Professional fees 390 577 775 1,051
Marketing expense 103 90 193 146
Printing and office supplies 67 119 145 195
Telephone and communication 139 143 283 300
Postage and delivery expense 200 259 429 603
State, local and other taxes 118 134 238 278
Employee expense 119 172 225 268
Other intangible amortization expense 158 197 315 394
OREO Impairment 58 0 58 0
Other expenses 338 1,453 620 1,682
Total non-interest expense 6,871 8,398 13,547 15,458
Income before income tax expense 1,405 1,014 2,735 1,151
Income tax expense 391 237 749 363
Net income $ 1,014 $ 777 $ 1,986 $ 788
Common share data:        
Basic earnings per common share (in dollars per share) $ 0.21 $ 0.16 $ 0.41 $ 0.16
Diluted earnings per common share (in dollars per share) $ 0.21 $ 0.16 $ 0.41 $ 0.16
Average shares outstanding:        
Basic: (in shares) 4,862 4,862 4,862 4,862
Diluted: (in shares) 4,862 4,862 4,862 4,862