XML 54 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest income:        
Interest and fees on loans $ 6,160 $ 6,786 $ 18,815 $ 20,428
Interest on investment securities 1,168 1,113 3,569 3,247
Total interest income 7,328 7,899 22,384 23,675
Interest expense:        
Interest on deposits 557 640 1,721 1,894
Interest on borrowings 4 2 19 23
Total interest expense 561 642 1,740 1,917
Net interest income 6,767 7,257 20,644 21,758
Provision (reduction in reserve) for loan losses (78) (55) (199) 95
Net interest income after provision (reduction in reserve) for loan losses 6,845 7,312 20,843 21,663
Non-interest income:        
Service and other charges on deposit accounts 465 581 1,391 1,572
Credit insurance income 150 190 339 423
Other income 381 409 1,625 1,817
Total non-interest income 996 1,180 3,355 3,812
Non-interest expense:        
Salaries and employee benefits 4,106 4,359 12,513 12,582
Net occupancy and equipment 744 826 2,347 2,416
Other real estate/foreclosure expense, net 247 224 814 649
Other expense 1,993 1,833 5,500 5,702
Total non-interest expense 7,090 7,242 21,174 21,349
Income before income taxes 751 1,250 3,024 4,126
Provision for income taxes 207 413 870 1,297
Net income $ 544 $ 837 $ 2,154 $ 2,829
Basic net income per share $ 0.09 $ 0.14 $ 0.35 $ 0.46
Diluted net income per share 0.09 0.13 0.34 0.46
Dividends per share $ 0.02 $ 0.01 $ 0.06 $ 0.01