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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Loans        
Taxable $ 5,874 $ 6,037 $ 11,757 $ 11,965
Nontaxable 16 24 40 47
Securities        
Taxable 296 403 626 802
Nontaxable 174 146 344 293
Total interest income 6,360 6,610 12,767 13,107
Interest expense        
Deposits 573 768 1,179 1,622
Other borrowings 12 (2) 26 32
Repurchase Agreements 3 60 5 128
Federal Home Loan Bank advances 84 75 174 149
Trust preferred securities 338 441 741 1,033
Total interest expense 1,010 1,342 2,125 2,964
Net interest income 5,350 5,268 10,642 10,143
Provision for loan losses 200 200 499 650
Net interest income after provision for loan losses 5,150 5,068 10,143 9,493
Noninterest income        
Data service fees 458 576 872 1,219
Trust fees 652 607 1,295 1,249
Customer service fees 639 668 1,255 1,299
Gain on sale of mtg. loans & OMSR's 1,450 1,395 2,934 2,576
Mortgage loan servicing fees, net 418 (165) 597 164
Gain on sale of non-mortgage loans 82 0 238 0
Net gain on sales of securities 0 0 20 0
Loss on sale or disposal of assets (129) (50) (234) (106)
Other income 250 177 410 388
Total non-interest income 3,820 3,208 7,387 6,789
Noninterest expense        
Salaries and employee benefits 3,688 3,597 7,127 7,096
Net occupancy expense 513 528 1,054 1,076
Equipment expense 703 712 1,458 1,423
FDIC insurance expense 94 223 203 437
Data processing fees 194 121 271 234
Professional fees 499 390 928 775
Marketing expense 92 103 200 193
Printing and office supplies 151 67 197 145
Telephone and communication 158 139 316 283
Postage and delivery expense 209 200 424 429
State, local and other taxes 138 118 272 238
Employee expense 126 119 278 225
Other intangible amortization expense 153 158 306 315
OREO impairment 0 58 33 58
Other expenses 362 338 683 620
Total non-interest expense 7,080 6,871 13,750 13,547
Income before income tax expense 1,890 1,405 3,780 2,735
Income tax expense 571 391 1,143 749
Net income $ 1,319 $ 1,014 $ 2,637 $ 1,986
Basic earnings per common share $ 0.27 $ 0.21 $ 0.54 $ 0.41
Diluted earnings per common share $ 0.27 $ 0.21 $ 0.54 $ 0.41