Federal Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Federal Income Taxes [Abstract]

Schedule Of Deferred Tax Assets And Liabilities

(Dollars in thousands)	December 31
Deferred Tax Assets	2013		2012
Allowance for loan losses	$	3,299	$	3,529
Deferred compensation		1,015		1,102
Purchase accounting		50		63
Deferred loan fees and costs, net		160		160
Capital loss carryover		887		887
Other than temporary impairment of investments		538		512
Accumulated other comprehensive loss		2,420		2,087
AMT Credit		226		968
Other		1,062		703
		9,657		10,011
Valuation allowance		(1,250)		(1,232)
Total gross deferred tax assets		8,407		8,779
Deferred Tax Liabilities
Core deposit intangibles		184		307
Depreciation		184		179
Joint ventures and partnerships		53		62
Pension		2,425		2,615
Mortgage servicing rights		63		80
Customer list		53		75
Total gross deferred tax liabilities		2,962		3,318
Net deferred tax asset	$	5,445	$	5,461

Schedule Of Components Of Income Tax Expense (Benefit)

	For the Years Ended December 31
(Dollars in thousands)	2013		2012		2011
Current tax expense	$	947	$	145	$	502
Deferred tax expense (benefit)		348		367		(91)
Income tax provision	$	1,295	$	512	$	411

Schedule Of Effective Income Tax Rate Reconciliation

	For the Years Ended December 31
(Dollars in thousands)	2013		2012		2011
Tax provision at statutory rate	$	2,559	$	1,998	$	2,373
Income on tax-exempt loans and securities		(1,212)		(1,251)		(1,167)
Nondeductible interest expense relating to carrying  tax-exempt obligations		30		43		63
Dividends received exclusion		(15)		(17)		(20)
Income from bank owned life insurance		(185)		(217)		(226)
Valuation allowance		-		-		32
Life insurance proceeds		111		-		-
Other, net		7		(44)		(644)
Income tax provision	$	1,295	$	512	$	411
Effective income tax rate		17.2%		8.7%		5.9%