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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income:    
Loans (including fee income) $ 13,314 $ 10,668
Mortgage-backed securities, CMOs and other asset-backed securities 2,291 1,443
U.S. GSE securities 807 791
State and municipal obligations 701 680
Corporate Bonds 154 101
Deposits with banks 8 5
Other interest and dividend income 83 43
Total interest income 17,358 13,731
Interest expense:    
Savings, NOW and money market deposits 837 884
Certificates of deposit of $100,000 or more 175 329
Other time deposits 95 85
Federal funds purchased and repurchase agreements 129 124
Federal Home Loan Bank advances 245 40
Junior subordinated debentures 341 341
Total interest expense 1,822 1,803
Net interest income 15,536 11,928
Provision for loan losses 700 550
Net interest income after provision for loan losses 14,836 11,378
Non interest income:    
Service charges on deposit accounts 799 801
Fees for other customer services 566 653
Net securities (losses) gains (1,112) 338
Title fee income 322 286
Other operating income 227 26
Total non-interest income 802 2,104
Non-interest expense:    
Salaries and employee benefits 6,206 5,394
Occupancy and equipment 1,615 1,191
Technology and communications 717 542
Marketing and advertising 421 348
Professional services 356 309
FDIC assessments 288 216
Acquisition costs and branch restructuring 4,434  
Amortization of core deposit intangible 58 16
Other operating expenses 918 892
Total non-interest expense 15,013 8,908
Income before income taxes 625 4,574
Income tax expense 219 1,461
Net income $ 406 $ 3,113
Basic earnings per share (in dollars per share) $ 0.04 $ 0.35
Diluted earnings per share (in dollars per share) $ 0.04 $ 0.35