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Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest income:        
Loans, including fees $ 4,766 $ 5,224 $ 9,556 $ 10,552
Securities - Taxable 1,214 899 2,390 1,773
Securities - Tax Exempt 607 708 1,234 1,450
Federal funds sold and interest bearing bank deposits 30 29 72 60
Total interest income 6,617 6,860 13,252 13,835
Interest expense:        
Deposits 1,255 1,349 2,512 2,753
Short-term borrowings 5 3 9 7
Long-term debt interest expense 104 276 208 702
Total interest expense 1,364 1,628 2,729 3,462
Net interest income 5,253 5,232 10,523 10,373
Provision for loan losses 0 0 (400) 400
Net interest income after provision for loan losses 5,253 5,232 10,923 9,973
Noninterest income:        
Service charges on deposit accounts 219 234 432 483
Mortgage lending 348 837 734 1,647
Bank-owned life insurance gain 125 101 251 196
Other noninterest income 377 381 715 721
Securities (losses) gains, net:        
Realized gains, net 12 518 38 679
Total other-than-temporary impairments 0 0 (333) 0
Total securities (losses) gains, net 12 518 (295) 679
Total noninterest income 1,081 2,071 1,837 3,726
Noninterest expense:        
Salaries and benefits 2,221 2,114 4,502 4,364
Net occupancy and equipment 341 333 693 664
Professional fees 225 209 431 385
FDIC and other regulatory assessments 129 143 274 337
Other real estate owned, net (62) 20 56 43
Prepayment penalty on long-term debt 0 1,046 0 1,471
Other noninterest expense 938 859 1,784 1,686
Total noninterest expense 3,792 4,724 7,740 8,950
Earnings before income taxes 2,542 2,579 5,020 4,749
Income tax expense 683 672 1,340 1,153
Net earnings $ 1,859 $ 1,907 $ 3,680 $ 3,596
Net earnings per share:        
Earnings per share basic and diluted $ 0.51 $ 0.52 $ 1.01 $ 0.99
Weighted average shares outstanding:        
Basic and diluted weighted average shares outstanding 3,643,295 3,642,955 3,643,228 3,642,936