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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
INTEREST INCOME:    
Interest and fees on loans $ 7,696 $ 6,580
Interest on investment securities –    
Taxable 891 834
Non-taxable 646 623
Other short-term investments 45 39
TOTAL INTEREST INCOME 9,278 8,076
INTEREST EXPENSE:    
Interest on deposits 809 983
Interest on short-term borrowings 3 3
Interest on long-term debt 103 112
TOTAL INTEREST EXPENSE 915 1,098
NET INTEREST INCOME 8,363 6,978
PROVISION FOR LOAN LOSSES 81 149
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 8,282 6,829
NON-INTEREST INCOME:    
Trust income 655 575
Service charges and fees on deposit accounts 1,122 979
Net gain (loss) on sales of securities (4) 587
Bank owned life insurance income 172 172
Gains from sales of mortgage loans 15 129
Other operating income 117 65
TOTAL NON-INTEREST INCOME 2,077 2,507
NON-INTEREST EXPENSE:    
Salaries and employee benefits 3,918 3,294
Equipment expenses 294 292
Occupancy expense, net 651 506
State franchise tax 244 216
Marketing 132 144
FDIC insurance premiums 149 128
Merger-related expenses 1,292 1,055
Other non-interest expense 1,992 1,456
TOTAL NON-INTEREST EXPENSE 8,672 7,091
INCOME BEFORE INCOME TAXES 1,687 2,245
PROVISION FOR INCOME TAXES 364 517
NET INCOME $ 1,323 $ 1,728
Dividends declared per common share (in dollars per share) $ 0.16 $ 0.16
Earnings per common share:    
Basic (in dollars per share) $ 0.14 $ 0.23
Diluted (in dollars per share) $ 0.14 $ 0.23
Weighted average common shares outstanding:    
Basic (in shares) 9,288,400 7,513,101
Diluted (in shares) 9,413,049 7,610,626