Business Combinations (Tables)

6 Months Ended

Jun. 30, 2014

Summary of Consideration Paid and Amounts of Assets and Liabilities Assumed

The following table summarizes the consideration paid for NAI and the amounts of the assets acquired and liabilities assumed.

(In Thousands of Dollars)
Consideration
Cash	$	2,111
Stock		1,400
Contingent consideration		920
Fair value of total consideration transferred	$	4,431
Assets acquired and liabilities assumed
Cash	$	28
Accounts receivable		300
Premises and equipment		50
Other assets		1
Total assets acquired		379
Liabilities assumed		81
Net assets acquired	$	298
Assets and liabilities arising from acquisition
Identified intangible assets		2,290
Deferred tax liability		(802	)
Goodwill		2,645
Net assets acquired from acquisition	$	4,431

Pro Forma Information

The pro forma financial information is not necessarily indicative of the results of operations that would have occurred had the transactions been effected on the assumed dates.

(In Thousands of Dollars except per share results)	Three months ended June 30, 2013		Six months ended June 30, 2013
Noninterest income	$	3,807	$	7,266
Net income	$	1,827	$	3,758
Basic and diluted earnings per share	$	0.10	$	0.20