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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest Income    
Interest and fees on loans $ 7,935 $ 8,319
Interest on interest-bearing deposits 65 58
Interest on securities – taxable 1,653 1,512
Interest on securities – nontaxable 1,500 1,648
Total interest income 11,153 11,537
Interest Expense    
Interest on time deposits of $100 or more 153 268
Interest on other deposits 1,162 1,411
Total interest expense 1,315 1,679
Net interest income 9,838 9,858
Provision for loan losses 103 671
Net interest income after provision for loan losses 9,735 9,187
Noninterest Income    
Service charges on deposit accounts 592 588
Other service charges and fees 65 60
Credit card fees 797 740
Trust income 293 289
BOLI income 175 188
Other income 277 281
Realized securities gains, net (includes accumulated other comprehensive income reclassification adjustments for unrealized net gains (losses) in available-for-sale securities of $0 for the period ended March 31, 2014 and $9 for the period ended March 31, 2013) 1 9
Total noninterest income 2,200 2,155
Noninterest Expense    
Salaries and employee benefits 2,999 2,940
Occupancy and furniture and fixtures 440 432
Data processing and ATM 363 393
FDIC assessment 147 136
Credit card processing 549 552
Intangible assets amortization 269 271
Net costs of other real estate owned 77 75
Franchise taxes 279 258
Other operating expenses 1,059 907
Total noninterest expense 6,182 5,964
Income before income taxes 5,753 5,378
Income tax expense (includes income tax expense from reclassification items of $0 for the three months ended March 31, 2014 and $3 for the three months ended March 31, 2013) 1,349 1,162
Net Income $ 4,404 $ 4,216
Basic net income per common share (in Dollars per share) $ 0.63 $ 0.61
Fully diluted net income per common share (in Dollars per share) $ 0.63 $ 0.60
Weighted average number of common shares outstanding – basic (in Shares) 6,947,974 6,947,974
Weighted average number of common shares outstanding – diluted (in Shares) 6,963,865 6,969,073