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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest and Dividend Income        
Loans $ 9,188 $ 9,264 $ 18,116 $ 18,318
Securities:        
U.S. Government agencies and corporations 1,040 867 2,068 1,708
State and political subdivisions 310 298 613 586
Other debt and equity securities 67 138 184 222
Federal funds sold and short-term investments 7 9 24 16
Total interest income 10,612 10,576 21,005 20,850
Interest Expense        
Deposits 1,023 1,236 2,105 2,485
Federal Home Loan Bank advances 157 157 312 311
Short-term borrowings 27 0 53 1
Junior subordinated debentures 169 174 338 340
Total interest expense 1,376 1,567 2,808 3,137
Net Interest Income 9,236 9,009 18,197 17,713
Provision for Loan Losses (Note 5) 893 1,050 1,793 2,400
Net interest income after provision for loan losses 8,343 7,959 16,404 15,313
Noninterest Income        
Investment and trust services 456 440 856 815
Deposit service charges 849 869 1,619 1,685
Other service charges and fees 738 808 1,491 1,639
Income from bank owned life insurance 173 170 342 338
Other income 106 232 257 553
Total fees and other income 2,322 2,519 4,565 5,030
Securities gains (losses), net (Note 4) (5) 0 (5) 178
Gains on sale of loans 890 587 1,593 1,243
Loss on sale of other assets, net 44 (34) 10 (47)
Total noninterest income 3,251 3,072 6,163 6,404
Noninterest Expense        
Salaries and employee benefits 4,510 4,224 9,105 9,251
Furniture and equipment 1,177 1,134 2,325 2,083
Net occupancy 603 549 1,216 1,137
Professional fees 426 586 920 1,076
Marketing and public relations 390 349 790 638
Supplies, postage and freight 218 274 432 581
Telecommunications 162 175 313 337
Ohio franchise tax 223 302 447 610
Intangible asset amortization 34 33 67 67
FDIC assessments 261 238 533 480
Other real estate owned 37 48 61 125
Loan and collection expense 372 374 670 762
Other expense 385 336 778 756
Total noninterest expense 8,798 8,622 17,657 17,903
Income before income tax expense 2,796 2,409 4,910 3,814
Income tax expense 773 586 1,281 878
Net Income 2,023 1,823 3,629 2,936
Other comprehensive income (loss), net of taxes:        
Changes in unrealized securities' holding gain (loss) net of taxes 1,381 (3,000) 3,252 (3,714)
Defined benefit plans net gain/loss, net of taxes during the period 0 0 0 0
Less: reclassification adjustments for securities' gains/losses realized in net income, net of taxes (3) 0 (3) 117
Total other comprehensive income (loss), net of taxes 1,384 (3,000) 3,255 (3,831)
Comprehensive Income (Loss) 3,407 (1,177) 6,884 (895)
Net Income 2,023 1,823 3,629 2,936
Dividends and accretion on preferred stock 0 117 35 374
Net Income Available to Common Shareholders $ 2,023 $ 1,706 $ 3,594 $ 2,562
Net Income Per Common Share (Note 2)        
Basic (in dollars per share) $ 0.21 $ 0.18 $ 0.37 $ 0.29
Diluted (in dollars per share) $ 0.21 $ 0.18 $ 0.37 $ 0.29
Dividends declared (in dollars per share) $ 0.01 $ 0.01 $ 0.02 $ 0.02
Average Common Shares Outstanding        
Basic (in shares) 9,626,420 9,213,170 9,620,806 8,651,749
Diluted (in shares) 9,643,892 9,223,678 9,637,814 8,659,123