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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest income:        
Loans, including fees $ 4,953 $ 5,104 $ 14,509 $ 15,656
Securities - Taxable 1,171 1,030 3,561 2,803
Securities - Tax Exempt 622 683 1,856 2,133
Federal funds sold and interest bearing bank deposits 33 39 105 99
Total interest income 6,779 6,856 20,031 20,691
Interest expense:        
Deposits 1,221 1,344 3,733 4,097
Short-term borrowings 5 3 14 10
Long-term debt interest expense 105 239 313 941
Total interest expense 1,331 1,586 4,060 5,048
Net interest income 5,448 5,270 15,971 15,643
Provision for loan losses 300 0 (100) 400
Net interest income after provision for loan losses 5,148 5,270 16,071 15,243
Noninterest income:        
Service charges on deposit accounts 228 224 660 707
Mortgage lending 534 750 1,268 2,397
Bank-owned life insurance gain 124 93 375 289
Other noninterest income 366 365 1,081 1,086
Securities (losses) gains, net:        
Realized gains, net (235) 0 (197) 679
Total other-than-temporary impairments 0 0 (333) 0
Total securities (losses) gains, net (235) 0 (530) 679
Total noninterest income 1,017 1,432 2,854 5,158
Noninterest expense:        
Salaries and benefits 2,199 2,139 6,701 6,503
Net occupancy and equipment 346 346 1,039 1,010
Professional fees 204 197 635 582
FDIC and other regulatory assessments 125 130 399 467
Other real estate owned, net (237) 68 (181) 111
Prepayment penalty on long-term debt 0 541 0 2,012
Other noninterest expense 947 853 2,731 2,539
Total noninterest expense 3,584 4,274 11,324 13,224
Earnings before income taxes 2,581 2,428 7,601 7,177
Income tax expense 709 636 2,049 1,789
Net earnings $ 1,872 $ 1,792 $ 5,552 $ 5,388
Net earnings per share:        
Earnings per share basic and diluted $ 0.51 $ 0.49 $ 1.52 $ 1.48
Weighted average shares outstanding:        
Basic and diluted weighted average shares outstanding 3,643,328 3,643,028 3,643,262 3,642,967