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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
INTEREST INCOME    
Interest and fees on loans $ 9,465 $ 9,456
Interest bearing deposits 7 2
Short-term investments in money market funds 10 2
Investment securities:    
Available for sale 767 913
Held to maturity 173 150
Total Interest Income 10,422 10,523
INTEREST EXPENSE    
Deposits 1,254 1,174
Short-term borrowings 42 10
Advances from Federal Home Loan Bank 159 125
Guaranteed junior subordinated deferrable interest debentures 280 280
Subordinated debt 129 0
Total Interest Expense 1,864 1,589
NET INTEREST INCOME 8,558 8,934
Provision for loan losses 3,100 250
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 5,458 8,684
NON-INTEREST INCOME    
Trust and investment advisory fees 2,075 2,056
Service charges on deposit accounts 415 419
Net gains on sale of loans 107 191
Mortgage related fees 63 115
Net realized gains on investment securities 57 0
Bank owned life insurance 167 363
Other income 553 568
Total Non-Interest Income 3,437 3,712
NON-INTEREST EXPENSE    
Salaries and employee benefits 6,166 6,073
Net occupancy expense 737 841
Equipment expense 436 466
Professional fees 1,465 1,211
Supplies, postage and freight 195 178
Miscellaneous taxes and insurance 291 297
Federal deposit insurance expense 179 167
Other expense 1,242 1,177
Total Non-Interest Expense 10,711 10,410
PRETAX INCOME (LOSS) (1,816) 1,986
Provision (benefit) for income tax expense (549) 617
NET INCOME (LOSS) (1,267) 1,369
Preferred stock dividends 15 53
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ (1,282) $ 1,316
Basic:    
Net income (loss) (in shares) $ (0.07) $ 0.07
Average number of shares outstanding (in dollars per share) 18,884 18,851
Diluted:    
Net income (loss) (in shares) $ (0.07) $ 0.07
Average number of shares outstanding (in dollars per share) 18,884 18,909
Cash dividends declared (in dollars per share) $ 0.01 $ 0.01