XML 36 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Loans    
Taxable $ 5,619rbnf_InterestIncomeLoanTaxable $ 5,241rbnf_InterestIncomeLoanTaxable
Nontaxable 6rbnf_InterestIncomeLoanTaxExempt 16rbnf_InterestIncomeLoanTaxExempt
Securities    
Taxable 372us-gaap_InterestIncomeSecuritiesTaxable 309us-gaap_InterestIncomeSecuritiesTaxable
Nontaxable 177us-gaap_InterestIncomeSecuritiesTaxExempt 175us-gaap_InterestIncomeSecuritiesTaxExempt
Total interest income 6,174us-gaap_InterestAndDividendIncomeOperating 5,741us-gaap_InterestAndDividendIncomeOperating
Interest expense    
Deposits 495us-gaap_InterestExpenseDeposits 498us-gaap_InterestExpenseDeposits
Repurchase Agreements & Other 5us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase 11us-gaap_InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
Federal Home Loan Bank advances 92us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm 74us-gaap_InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
Trust preferred securities 51us-gaap_InterestExpenseTrustPreferredSecurities 333us-gaap_InterestExpenseTrustPreferredSecurities
Total interest expense 643us-gaap_InterestExpense 916us-gaap_InterestExpense
Net interest income 5,531us-gaap_InterestIncomeExpenseNet 4,825us-gaap_InterestIncomeExpenseNet
Provision for loan losses 350us-gaap_ProvisionForLoanLossesExpensed   
Net interest income after provision for loan losses 5,181us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 4,825us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income    
Wealth Management Fees 659us-gaap_ManagementFeesRevenue 632us-gaap_ManagementFeesRevenue
Customer service fees 632us-gaap_FeesAndCommissionsDepositorAccounts 610us-gaap_FeesAndCommissionsDepositorAccounts
Gain on sale of mtg. loans & OMSR's 1,400us-gaap_GainLossOnSaleOfMortgageLoans 572us-gaap_GainLossOnSaleOfMortgageLoans
Mortgage loan servicing fees, net 58us-gaap_ServicingFeesNet 245us-gaap_ServicingFeesNet
Gain on sale of non-mortgage loans 254us-gaap_GainLossOnSalesOfConsumerLoans 23us-gaap_GainLossOnSalesOfConsumerLoans
Data service fees 317us-gaap_FeesAndCommissionsOther 306us-gaap_FeesAndCommissionsOther
Loss on sale/disposal of assets (19)us-gaap_GainLossOnDispositionOfAssets1 (34)us-gaap_GainLossOnDispositionOfAssets1
Other income 295us-gaap_NoninterestIncomeOtherOperatingIncome 205us-gaap_NoninterestIncomeOtherOperatingIncome
Total non-interest income 3,596us-gaap_NoninterestIncome 2,559us-gaap_NoninterestIncome
Noninterest expense    
Salaries and employee benefits 3,477us-gaap_SalariesAndWages 3,120us-gaap_SalariesAndWages
Net occupancy expense 503us-gaap_OccupancyNet 573us-gaap_OccupancyNet
Equipment expense 565us-gaap_EquipmentExpense 639us-gaap_EquipmentExpense
Data processing fees 263us-gaap_InformationTechnologyAndDataProcessing 211us-gaap_InformationTechnologyAndDataProcessing
Professional fees 440us-gaap_ProfessionalFees 338us-gaap_ProfessionalFees
Marketing expense 149us-gaap_MarketingExpense 123us-gaap_MarketingExpense
Telephone and communication 90us-gaap_Communication 112us-gaap_Communication
Postage and delivery expense 234us-gaap_PostageExpense 204us-gaap_PostageExpense
State, local and other taxes 129us-gaap_TaxesExcludingIncomeAndExciseTaxes 92us-gaap_TaxesExcludingIncomeAndExciseTaxes
Employee expense 153us-gaap_OtherLaborRelatedExpenses 115us-gaap_OtherLaborRelatedExpenses
Intangible amortization expense 54us-gaap_AmortizationOfIntangibleAssets 131us-gaap_AmortizationOfIntangibleAssets
Other expenses 587us-gaap_OtherNoninterestExpense 421us-gaap_OtherNoninterestExpense
Total non-interest expense 6,644us-gaap_NoninterestExpense 6,079us-gaap_NoninterestExpense
Income before income tax expense 2,133us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,306us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 637us-gaap_IncomeTaxExpenseBenefit 326us-gaap_IncomeTaxExpenseBenefit
Net income 1,496us-gaap_NetIncomeLoss 980us-gaap_NetIncomeLoss
Preferred Stock Dividends 225us-gaap_PreferredStockDividendsIncomeStatementImpact   
Net income available to common shareholders $ 1,271us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ 980us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Common share data:    
Basic earnings per common share $ 0.26us-gaap_EarningsPerShareBasic $ 0.20us-gaap_EarningsPerShareBasic
Diluted earnings per common share $ 0.23us-gaap_EarningsPerShareDiluted $ 0.20us-gaap_EarningsPerShareDiluted
Average common shares outstanding ( in thousands):    
Basic: 4,879us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 4,871us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted: 6,379us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 4,894us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding