XML 101 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
INTEREST AND DIVIDEND INCOME      
Loans, including fees $ 17,279 $ 16,977 $ 17,311
Taxable securities 2,672 2,538 2,648
Nontaxable securities 486 421 354
Other 147 82 77
Total interest and dividend income 20,584 20,018 20,390
INTEREST EXPENSE      
Deposits 2,323 2,864 3,509
Short-term borrowings 91 139 201
Other borrowings 564 675 1,110
Total interest expense 2,978 3,678 4,820
NET INTEREST INCOME 17,606 16,340 15,570
PROVISION FOR LOAN LOSSES 823 950 1,235
Net interest income, after provision for loan losses 16,783 15,390 14,335
NONINTEREST INCOME      
Service charges on deposit accounts 1,305 1,134 1,126
Trust services 671 677 655
Debit card interchange fees 797 631 507
Securities gain, net   237 148
Gain on sale of loans, net 591 219 242
Other income 840 610 597
Total noninterest income 4,204 3,508 3,275
NONINTEREST EXPENSES      
Salaries and employee benefits 7,960 7,459 6,880
Occupancy expense 1,025 890 808
Equipment expense 618 524 497
Professional and director fees 814 713 631
Franchise tax expense 542 550 536
Marketing and public relations 392 320 322
Software expense 391 373 370
Debit card expense 304 253 232
Amortization of intangible assets 140 78 63
FDIC insurance expense 328 352 486
Branch acquisition expense 8 337  
Net cost of operation of other real estate 33 (25) 29
Other expenses 1,895 1,785 1,692
Total noninterest expenses 14,450 13,609 12,546
Income before income taxes 6,537 5,289 5,064
FEDERAL INCOME TAX PROVISION 1,990 1,602 1,568
NET INCOME $ 4,547 $ 3,687 $ 3,496
NET INCOME PER SHARE      
Basic $ 1.66 $ 1.35 $ 1.28
Diluted $ 1.66 $ 1.35 $ 1.28