Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Data [Abstract]

Summary of quarterly financial data

	Interest Income		Net Interest Income		Provision for Loan Losses		Net Income		Earnings Per Share
									Basic		Fully Diluted
2012
First Quarter	$	4,935	$	4,141	$	225	$	1,002	$	.43	$	.43
Second Quarter		4,969		4,253		475		1,027		.43		.43
Third Quarter		5,057		4,384		350		1,154		.49		.49
Fourth Quarter		5,030		4,396		300		1,167		.49		.49
2011
First Quarter	$	4,866	$	3,863	$	125	$	748	$	.32	$	.32
Second Quarter		4,822		3,871		375		762		.33		.33
Third Quarter		4,944		4,027		375		887		.38		.38
Fourth Quarter		5,046		4,166		175		1,005		.43		.43

Summary of selected financial data

SELECTED FINANCIAL DATA

(in thousands, except per share data)

	Year Ended December 31
	2012			2011			2010			2009			2008
Total interest income	$	19,991		$	19,387		$	20,416		$	21,938			25,929
Net interest income		17,174			15,636			15,946			16,538			17,740
Provision for loan losses		1,350			1,050			1,375			2,725			5,080
Net income		4,350			3,402			3,098			1,936			813
Per share data
Basic earnings per share		1.84			1.46			1.34			.84			.36
Diluted earnings per share		1.84			1.46			1.34			.84			.36
Cash dividends		.37			.22			.20			.20			.80
Balance sheet data:
Gross loans		369,605			332,804			309,524			333,079			335,310
Deposits		444,170			420,511			409,901			380,905			394,043
Other borrowings		1,039			7,751			10,079			10,832			12,492
Common stock subject to repurchase		2,065			1,296			1,399			945			728
Equity		54,635			51,865			47,843			45,734			44,416
Total assets		528,860			509,220			493,880			462,409			474,996
Return on average assets		.84	%		.68	%		.65	%		.41	%		.17	%
Return on average equity (1)		8.09			6.80			6.56			4.29			1.77
Dividend payout ratio (2)		20.23			15.23			15.11			24.13			227.33
Average equity to average assets (1)		10.41			9.96			9.87			9.66			9.59

(1) Average equity used in the above table excludes common stock subject to repurchase obligation but includes average unrealized appreciation or depreciation on securities available for sale.

(2) Dividends declared divided by net income.

Summary of range high and low closing sales prices and dividends declared

The following table sets forth the range of high and low closing sales prices and dividends declared on the Company’s common stock for the two most recent fiscal years:

	2011						2012
	Closing Price				Cash Dividends Declared		Closing Price				Cash Dividends Declared
Quarter Ended	High		Low				High		Low
March 31	$	13.25	$	12.00	$	.05	$	12.65	$	11.20	$	.07
June 30		12.85		11.90		.05		14.50		12.50		.09
September 30		12.69		11.80		.05		15.30		13.25		.09
December 31		12.55		11.05		.07		16.75		13.50		.12