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Statement of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest income:    
Loans, including fees $ 5,265 $ 5,287
Securities 1,969 2,538
Federal funds sold and interest bearing bank deposits 14 9
Total interest income 7,248 7,834
Interest expense:    
Deposits 1,725 2,170
Short-term borrowings 4 3
Long-term debt interest expense 518 847
Total interest expense 2,247 3,020
Net interest income 5,001 4,814
Provision for loan losses 600 600
Net interest income after provision for loan losses 4,401 4,214
Noninterest income:    
Service charges on deposit accounts 291 291
Mortgage lending 669 384
Bank-owned life insurance gain 99 107
Gain on sale of affordable housing investments 3,268 0
Other noninterest income 358 353
Securities gains, net:    
Realized gains, net 309 5
Total other-than-temporary impairments (130) (261)
Non-credit portion of other-than-temporary impairments recognized in other comprehensive income 0 210
Total securities gains (losses), net 179 (46)
Total noninterest income 4,864 1,089
Noninterest expense:    
Salaries and benefits 2,143 1,930
Net occupancy and equipment 338 346
Professional fees 187 171
FDIC and other regulatory assessments 183 282
Other real estate owned, net 69 (17)
Prepayment penalty on long-term debt 3,708 0
Other noninterest expense 914 882
Total noninterest expense 7,542 3,594
Earnings before income taxes 1,723 1,709
Income tax (benefit) expense 258 160
Net earnings $ 1,465 $ 1,549
Net earnings per share:    
Earnings per share basic and diluted $ 0.40 $ 0.43
Weighted average shares outstanding:    
Basic and diluted weighted average shares outstanding 3,642,738 3,642,728