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Consolidated Condensed Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Interest Income    
Loans receivable, including fees $ 11,023 $ 11,579
Investment securities 1,745 2,200
Federal Home Loan Bank stock 127 109
Deposits with financial institutions 6 10
Total interest income 12,901 13,898
Interest Expense    
Deposits 2,510 3,226
Federal Home Loan Bank advances 263 603
Other interest expense 149 200
Total interest expense 2,922 4,029
Net Interest Income 9,979 9,869
Provision for losses on loans 950 1,350
Net Interest Income After Provision for Loan Losses 9,029 8,519
Other Income    
Service fee income 1,571 1,653
Net realized gain on sale of securities (includes $339 and $197 for the three months ended March 31, 2013 and 2012, respectively, related to accumulated other comprehensive earnings reclassification) 339 197
Equity in losses of limited partnerships (126) (120)
Commissions 982 1,019
Net gains on sales of loans 436 132
Net servicing fees (expenses) (28) 32
Increase in cash surrender value of life insurance 317 340
Gain (loss) on sale of other real estate and repossessed assets 19 (393)
Other income 127 68
Total other income 3,637 2,928
Other Expenses    
Salaries and employee benefits 5,551 5,343
Net occupancy expenses 694 576
Equipment expenses 466 399
Data processing fees 384 430
Automated teller machine 241 229
Deposit insurance 324 314
Professional fees 336 341
Advertising and promotion 270 353
Software subscriptions and maintenance 369 367
Other real estate and repossessed assets 173 163
Other expenses 1,105 1,079
Total other expenses 9,913 9,594
Income Before Income Tax 2,753 1,853
Income tax expense (includes $115 and $67 for the three months ended March 31, 2013 and 2012, respectively, related to income tax expense from reclassification items) 777 427
Net Income 1,976 1,426
Preferred stock dividends and amortization 362 362
Net Income Available to Common Shareholders $ 1,614 $ 1,064
Basic earnings per common share $ 0.23 $ 0.15
Diluted earnings per common share $ 0.22 $ 0.15
Dividends per common share $ 0.06 $ 0.06