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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INTEREST INCOME    
Interest & fees on loans and leases $ 6,791 $ 6,735
Interest on interest-bearing balances time deposits with financial institutions 65 162
Interest and dividends on investment securities:    
U.S. Treasury and government agencies 436 222
State and political subdivision obligations, tax exempt 409 323
Other securities 5 3
Interest on federal funds sold and securities purchased under agreements to resell 4 8
Total Interest Income 7,710 7,453
INTEREST EXPENSE    
Interest on deposits 1,789 2,195
Interest on short-term borrowings   2
Interest on long-term debt 244 273
Total Interest Expense 2,033 2,470
Net Interest Income 5,677 4,983
PROVISION FOR LOAN AND LEASE LOSSES 300 200
Net Interest Income After Provision for Loan and Lease Losses 5,377 4,783
NONINTEREST INCOME    
Income from fiduciary activities 112 95
Service charges on deposits 129 183
Investment security gains, net 16  
Earnings from cash surrender value of life insurance 62 65
Mortgage banking income 122 123
Other income 297 292
Total Noninterest Income 738 758
NONINTEREST EXPENSE    
Salaries and employee benefits 2,596 2,201
Occupancy expense, net 278 308
Equipment expense 294 344
Pennsylvania Bank Shares tax expense 131 121
FDIC Assessment 301 314
Legal and professional fees 107 87
Director fees and benefits expense 47 73
Marketing and advertising expense 69 63
Computer expense 162 166
Telephone expense 107 94
Loss (gain) on sale/write-down of foreclosed assets 8 (28)
Intangible amortization 16 16
Loan collection costs 109 41
Other expenses 513 500
Total Noninterest Expense 4,738 4,300
INCOME BEFORE PROVISION FOR INCOME TAXES 1,377 1,241
Provision for income taxes 243 241
NET INCOME 1,134 1,000
Preferred stock dividends and discount accretion 128 128
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 1,006 $ 872
PER COMMON SHARE DATA:    
Basic Earnings Per Common Share $ 0.29 $ 0.25
Diluted Earnings Per Common Share $ 0.29 $ 0.25
Cash Dividends $ 0.05 $ 0.05