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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest Income        
Loans $ 4,199 $ 4,178 $ 8,362 $ 8,402
Securities        
US Government and agency obligations 172 241 362 521
Mortgage backed securities 10 7 14 20
Municipals 141 171 293 325
Dividends 25 25 30 29
Other (Corporates) 12 17 28 23
Federal Funds sold 8 6 15 11
Total interest income 4,567 4,645 9,104 9,331
Deposits        
NOW, money market savings 124 209 248 414
Time deposits 317 392 640 813
FHLB borrowings 19 75 38 149
Reverse repurchase agreements       15
Capital notes 150 133 300 238
Total interest expense 610 809 1,226 1,629
Net interest income 3,957 3,836 7,878 7,702
Provision for loan losses 55 425 290 1,175
Net interest income after provision for loan losses 3,902 3,411 7,588 6,527
Other Operating Income        
Mortgage fee income 340 289 659 515
Service charges, fees and commissions 325 311 628 594
Increase in cash value of life insurance 76 82 151 164
Other 29 32 37 71
Gain on sale of available-for-sale securities 135 129 394 170
Total other operating income 905 843 1,869 1,514
Other operating expenses        
Salaries and employee benefits 1,726 1,546 3,502 3,049
Occupancy 285 291 590 577
Equipment 240 245 501 498
Supplies 93 103 183 216
Professional, data processing, and other outside expense 569 518 1,130 1,016
Marketing 95 145 181 249
Credit expense 64 56 119 112
Other real estate expenses 261 274 340 322
FDIC insurance expense 143 144 287 288
Other 195 237 369 516
Total other operating expenses 3,671 3,559 7,202 6,843
Income before income taxes 1,136 695 2,255 1,198
Income tax expense 339 209 670 352
Net Income $ 797 $ 486 $ 1,585 $ 846
Weighted average shares outstanding - basic 3,352,725 3,342,415 3,352,725 3,342,415
Weighted average shares outstanding- diluted 3,353,141 3,343,250 3,353,002 3,342,833
Income per common share - basic $ 0.24 $ 0.15 $ 0.47 $ 0.25
Income per common share - diluted $ 0.24 $ 0.15 $ 0.47 $ 0.25