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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, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest income        
Loans and fees on loans $ 2,005 $ 2,226 $ 4,156 $ 4,394
Federal funds sold and securities purchased under agreements to resell 12 11 24 22
Investment securities:        
Taxable 345 291 684 650
Exempt from federal income tax 168 188 341 372
Deposits with banks   1 1 1
Total interest income 2,530 2,717 5,206 5,439
Interest expense        
Deposits 748 1,109 1,537 2,242
Total interest expense 748 1,109 1,537 2,242
Net interest income 1,782 1,608 3,669 3,197
Provision for loan losses 253 (109) 439 271
Net interest income after provision for loan losses 1,529 1,717 3,230 2,926
Noninterest income        
Service charges on deposit accounts 55 48 102 96
Other service charges and fees 31 31 57 70
Net realized gains on sales of securities 43 93 43 98
Other operating income 94 67 170 131
Total noninterest income 223 239 372 395
Noninterest expense        
Salaries and employee benefits 823 812 1,615 1,542
Occupancy and equipment 135 161 312 330
Foreclosed assets, Net 27 1 34 3
Loss on sale of fixed assets 12   82  
Other operating expense 419 405 826 821
Total noninterest expense 1,416 1,379 2,869 2,696
Income before income taxes 336 577 733 625
Income tax expense (benefit) 15 106 89 34
Net Income $ 321 $ 471 $ 644 $ 591
Basic earnings per share $ 0.21 $ 0.31 $ 0.42 $ 0.39
Diluted earnings per share $ 0.21 $ 0.31 $ 0.42 $ 0.39
Dividends declared per share $ 0.08 $ 0.08 $ 0.08 $ 0.08
Weighted average basic shares outstanding 1,535,733 1,535,733 1,535,733 1,535,733
Weighted average diluted shares outstanding 1,535,733 1,535,733 1,535,733 1,535,733