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Statement of Earnings (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest income:    
Loans, including fees$ 5,393$ 5,442$ 16,051$ 16,367
Securities2,2532,9227,4049,100
Federal funds sold and interest bearing bank deposits1463723
Total interest income7,6608,37023,49225,490
Interest expense:    
Deposits1,9582,4796,2207,734
Short-term borrowings35919
Long-term debt interest expense8541,1482,5473,480
Total interest expense2,8153,6328,77611,233
Net interest income4,8454,73814,71614,257
Provision for loan losses6007301,8002,930
Net interest income after provision for loan losses4,2454,00812,91611,327
Noninterest income:    
Service charges on deposit accounts301328882976
Mortgage lending6371,0071,5162,114
Bank-owned life insurance gain (loss)127118341350
Affordable housing investment losses(231)(57)(461)(171)
Other noninterest income3493321,0571,066
Securities gains, net:    
Realized gains, net4514699013,000
Total other-than-temporary impairments(156)(340)(468)(600)
Non-credit portion of other-than-temporary impairments (transferred from) recognized in other comprehensive income(80)0130210
Total securities gains, net2151295632,610
Total noninterest income1,3981,8573,8986,945
Noninterest expense:    
Salaries and benefits2,2182,0516,2725,895
Net occupancy and equipment3643591,0381,107
Professional fees190164550531
FDIC and other regulatory assessments178277659839
Other real estate owned, net5062681,2071,240
Prepayment penalty on long-term debt03810679
Other noninterest expense8838662,6262,520
Total noninterest expense4,3394,36612,35212,811
Earnings before income taxes1,3041,4994,4625,461
Income tax (benefit) expense(63)25589993
Net earnings$ 1,367$ 1,244$ 4,373$ 4,468
Earnings per share basic and diluted$ 0.38$ 0.34$ 1.20$ 1.23
Basic and diluted weighted average shares outstanding3,642,7383,642,7013,642,7353,642,896