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CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Interest income:    
Loans, including fees $ 11,316 $ 12,400
Investment securities, including dividends    
Taxable 640 415
Tax-exempt 274 292
Other 155 97
Total interest income 12,385 13,204
Interest expense:    
Deposits 1,430 2,059
Borrowings 74 100
Total interest expense 1,504 2,159
Net interest income 10,881 11,045
Less provision for loan losses 903 520
Net interest income after provision for loan losses 9,978 10,525
Noninterest income:    
Service charges 1,423 1,649
Rental income 349 303
Cash surrender value of life insurance 198 201
Realized gain on sale of securities 340 26
Realized gain on sale of other real estate owned 165 40
Realized gain on foreclosure 864 0
Realized gain (loss) on disposal of assets 102 (3)
Other income 5 6
Total noninterest income 3,446 2,222
Noninterest expense:    
Salaries and employee benefits 5,604 5,243
Occupancy and equipment 1,544 1,535
Directors fees 311 315
Marketing 260 226
Professional fees 1,062 901
Information technology 843 852
FDIC deposit insurance 606 844
OREO expense, net 1,109 614
Delivery expenses 242 222
Other 1,096 1,092
Total noninterest expense 12,677 11,844
Income before income taxes 747 903
Income tax expense 141 89
Net income 606 814
Less preferred stock dividends and accretion (236) (475)
Net income available to common stockholders $ 370 $ 339
Basic and diluted earnings per share of common stock: $ 0.18 $ 0.17
Weighted average shares of common stock outstanding:    
Basic and diluted 2,031,337 2,031,337
Dividends per share of common stock $ 0.125 $ 0.100