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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest income:        
Loans receivable $ 8,334 $ 8,754 $ 16,683 $ 17,415
Taxable securities available for sale 8,554 9,851 17,400 19,586
Tax free securities available for sale 1,665 1,592 3,312 3,148
FHLB Stock 6    16   
Deposits with banks and federal funds sold 31 2 49 5
Total interest income 18,590 20,199 37,460 40,154
Interest expense:        
Deposits 2,437 3,083 4,988 6,316
Borrowed funds 4,533 5,290 9,243 10,595
Junior subordinated notes and guaranteed preferred beneficial interest in subordinated debt 611 606 1,223 1,206
Total interest expense 7,581 8,979 15,454 18,117
Net interest income 11,009 11,220 22,006 22,037
Provision for loan losses 300 200 500 500
Net interest income after provision for loan losses 10,709 11,020 21,506 21,537
Noninterest income:        
Fees and service charges 827 871 1,662 1,691
Gain on sale of loans available for sale (1) (1) (1) (6)
Increase of cash surrender value of bank owned life insurance 148 172 306 343
Net realized gain on securities available for sale   532 267 532
Total other-than-temporary impairment losses (406)   (406)  
Portion of loss recognized in other comprehensive income before taxes 375   375  
Net impairment losses on investment securities (31)   (31)  
Net realized loss on derivatives (269) (744) (400) (868)
Income from real estate joint ventures 700 698 1,119 1,162
Other 164 150 339 301
Total noninterest income 1,538 1,678 3,261 3,167
Noninterest expense:        
Compensation and employee benefits 4,325 4,101 8,683 8,322
Premises and equipment 717 633 1,434 1,357
Federal deposit insurance premiums 351 314 758 782
Data processing 594 578 1,183 1,150
Amortization of intangible assets 61 81 129 169
Advertising 144 158 283 236
Other 1,299 1,158 2,743 2,189
Total noninterest expense 7,491 7,023 15,213 14,205
Income before income taxes 4,756 5,675 9,554 10,499
Provision for income taxes 799 1,160 1,644 2,056
Net income before noncontrolling interest 3,957 4,515 7,910 8,443
Less: net income attributable to the noncontrolling interest 276 230 444 498
Net income attributable to ESB Financial Corporation $ 3,681 $ 4,285 $ 7,466 $ 7,945
Net income per share        
Basic $ 0.26 $ 0.30 $ 0.52 $ 0.55
Diluted $ 0.25 $ 0.29 $ 0.52 $ 0.55
Cash dividends declared per share $ 0.10 $ 0.10 $ 0.20 $ 0.18
Weighted average shares outstanding 14,331,252 14,436,606 14,312,348 14,438,363
Weighted average shares and share equivalents outstanding 14,477,759 14,558,751 14,458,855 14,555,719