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Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income:        
Loans, including fees $ 5,104 $ 5,548 $ 15,656 $ 16,303
Securities 1,713 1,653 4,936 5,482
Federal funds sold and interest bearing bank deposits 39 11 99 32
Total interest income 6,856 7,212 20,691 21,817
Interest expense:        
Deposits 1,344 1,509 4,097 4,839
Short-term borrowings 3 4 10 13
Long-term debt interest expense 239 440 941 1,393
Total interest expense 1,586 1,953 5,048 6,245
Net interest income 5,270 5,259 15,643 15,572
Provision for loan losses 0 1,550 400 2,750
Net interest income after provision for loan losses 5,270 3,709 15,243 12,822
Noninterest income:        
Service charges on deposit accounts 224 268 707 838
Mortgage lending 750 1,038 2,397 2,492
Bank-owned life insurance gain 93 120 289 332
Gain on sale of affordable housing investments 0 0 0 3,268
Other noninterest income 365 413 1,086 1,157
Securities gains, net:        
Realized gains, net 0 178 679 738
Total other-than-temporary impairments 0 0 0 (130)
Non-credit portion of other-than-temporary impairments (transferred from) recognized in other comprehensive income 0 0 0 0
Total securities gains (losses), net 0 178 679 608
Total noninterest income 1,432 2,017 5,158 8,695
Noninterest expense:        
Salaries and benefits 2,139 2,209 6,503 6,557
Net occupancy and equipment 346 345 1,010 1,019
Professional fees 197 163 582 538
FDIC and other regulatory assessments 130 153 467 521
Other real estate owned, net 68 119 111 182
Prepayment penalty on long-term debt 541 0 2,012 3,720
Other noninterest expense 853 781 2,539 2,823
Total noninterest expense 4,274 3,770 13,224 15,360
Earnings before income taxes 2,428 1,956 7,177 6,157
Income tax expense 636 347 1,789 1,054
Net earnings $ 1,792 $ 1,609 $ 5,388 $ 5,103
Net earnings per share:        
Earnings per share basic and diluted $ 0.49 $ 0.44 $ 1.48 $ 1.40
Weighted average shares outstanding:        
Basic and diluted weighted average shares outstanding 3,643,028 3,642,876 3,642,967 3,642,807