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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Interest and Dividend Income    
Loans $ 3,137 $ 3,434
Securities 1,177 1,216
Dividends on Federal Home Loan Bank stock and other 58 57
Total interest and dividend income 4,372 4,707
Interest Expense    
Deposits 792 1,012
Other short-term borrowings 5 7
Federal Home Loan Bank advances 293 416
Total interest expense 1,090 1,435
Net Interest Income 3,282 3,272
Provision for Loan Losses 70 190
Net Interest Income After Provision for Loan Losses 3,212 3,082
Noninterest Income    
Gain on loan sales 18 67
Gain on sale of foreclosed assets held for sale 0 14
Trust income 72 48
Earnings on bank-owned life insurance 57 58
Service fees, charges and other operating 294 305
Total noninterest income 441 492
Noninterest Expense    
Salaries and employee benefits 1,569 1,524
Net occupancy and equipment expense 452 452
Federal deposit insurance premiums 85 122
Franchise taxes 94 87
Provision for impairment on foreclosed assets held for sale 287 46
Amortization of intangible assets 23 23
Other 492 487
Total noninterest expense 3,002 2,741
Income Before Federal Income Taxes 651 833
Provision for Federal Income Taxes 136 190
Net Income $ 515 $ 643
Basic Earnings Per Share (in dollars per share) $ 0.18 $ 0.22
Diluted Earnings Per Share (in dollars per share) $ 0.18 $ 0.22
Dividends Per Share (in dollars per share) $ 0.06 $ 0.06