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Consolidated Statements Of Income (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 $ 4,213 $ 4,332 $ 12,575 $ 12,734
Securities        
US Government and agency obligations 182 219 544 740
Mortgage backed securities 25 2 39 22
Municipals 124 182 417 507
Dividends 4 4 34 33
Other (Corporates) 16 17 44 40
Federal Funds sold 9 7 24 18
Total interest income 4,573 4,763 13,677 14,094
Deposits        
NOW, money market savings 121 164 369 578
Time deposits 316 373 956 1,186
FHLB borrowings 19 50 57 199
Reverse repurchase agreements       15
Capital notes 150 149 450 387
Total interest expense 606 736 1,832 2,365
Net interest income 3,967 4,027 11,845 11,729
Provision for loan losses   601 290 1,776
Net interest income after provision for loan losses 3,967 3,426 11,555 9,953
Other Operating Income        
Mortgage fee income 295 402 954 917
Service charges, fees and commissions 351 317 979 911
Increase in cash value of life insurance 75 81 226 244
Other 37 11 74 83
Gain on sale of available-for-sale securities 11 241 405 411
Total other operating income 769 1,052 2,638 2,566
Other operating expenses        
Salaries and employee benefits 1,755 1,608 5,257 4,657
Occupancy 302 280 892 857
Equipment 259 250 760 748
Supplies 84 78 267 294
Professional, data processing, and other outside expense 582 508 1,712 1,524
Marketing 93 99 274 348
Credit expense 55 62 174 174
Other real estate expenses 60 586 400 908
FDIC insurance expense 143 145 430 433
Other 235 167 604 683
Total other operating expenses 3,568 3,783 10,770 10,626
Income before income taxes 1,168 695 3,423 1,893
Income tax expense 355 156 1,025 508
Net Income $ 813 $ 539 $ 2,398 $ 1,385
Weighted average shares outstanding - basic 3,352,725 3,342,418 3,352,725 3,342,416
Weighted average shares outstanding- diluted 3,356,874 3,342,771 3,354,290 3,342,812
Income per common share - basic $ 0.24 $ 0.16 $ 0.72 $ 0.41
Income per common share - diluted $ 0.24 $ 0.16 $ 0.71 $ 0.41