XML 82 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Interest Income    
Loans $ 16,924 $ 16,998
Securities    
US Government and agency obligations 737 913
Mortgage backed securities 82 23
Municipals 537 675
Dividends 59 60
Other (Corporates) 59 58
Federal Funds sold 30 26
Total interest income 18,428 18,753
Deposits    
NOW, money market savings 494 708
Time Deposits 1,268 1,539
Federal Funds purchased 1  
FHLB borrowings 76 218
Reverse repurchase agreements   15
Capital notes 600 536
Total interest expense 2,439 3,016
Net interest income 15,989 15,737
Provision for loan losses 540 2,289
Net interest income after provision for loan losses 15,449 13,448
Other operating income    
Mortgage fee income 1,255 1,257
Service charges, fees and commissions 1,350 1,230
Increase in cash value of life insurance 299 323
Other 118 134
Gain on sale of available-for-sale securities 456 674
Total other operating income 3,478 3,618
Other operating expenses    
Salaries and employee benefits 7,161 6,529
Occupancy 1,205 1,150
Equipment 1,043 991
Supplies 362 386
Professional, data processing, and other outside expense 2,294 2,033
Marketing 367 382
Credit expense 229 225
Other real estate expenses 506 798
FDIC insurance expense 573 579
Other 838 1,071
Amortization of tax credit investment 247 247
Total other operating expenses 14,825 14,391
Income before income taxes 4,102 2,675
Income tax expense 1,042 543
Net Income $ 3,060 $ 2,132
Weighted average shares outstanding - basic 3,353,784 3,343,210
Weighted average shares outstanding- diluted 3,354,958 3,343,507
Income per common share - basic $ 0.91 $ 0.64
Income per common share - diluted $ 0.91 $ 0.64