XML 23 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Earnings (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest income:    
Loans, including fees $ 12,403 $ 9,476
Securities And Other Investments [Abstract]    
Taxable 2,069 867
Nontaxable 775 929
Federal funds sold 2 3
Time and interest bearing deposits in other banks 39 75
Other investments 45 38
Total interest income 15,333 11,388
Interest expense:    
Deposits 1,100 1,008
Securities sold under agreements to repurchase 181 197
Junior subordinated debentures 248 242
Total interest expense 1,529 1,447
Net interest income 13,804 9,941
Provision for loan losses 675 1,600
Net interest income after provision for loan losses 13,129 8,341
Noninterest income:    
Service charges on deposit accounts 1,824 1,737
Gain on securities, net 0 41
ATM and debit card income 1,126 878
Other charges and fees 578 374
Total noninterest income 3,528 3,030
Noninterest expenses:    
Salaries and employee benefits 6,086 5,163
Occupancy expense 2,548 2,053
ATM And Debit Card Expense 368 357
Other 3,666 3,154
Total noninterest expense 12,668 10,727
Income before income taxes 3,989 644
Income tax (expense) benefit (1,103) 97
Net earnings 2,886 741
Dividends on preferred stock and accretion of warrants 400 299
Net earnings available to common shareholders $ 2,486 $ 442
Earnings per common share:    
Basic (in dollars per share) $ 0.24 $ 0.05
Diluted (in dollars per share) $ 0.24 $ 0.05
Cash dividends declared per common share (in dollars per share) $ 0.07 $ 0.07