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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Interest income    
Loans, including fees $ 25,858 $ 25,205
Investment securities    
Fully taxable 1,739 2,315
Exempt from federal taxes 1,689 1,692
Interest-bearing deposits and other 27 8
TOTAL INTEREST INCOME 29,313 29,220
Interest expense    
Deposits 3,025 3,532
Borrowings 898 1,405
TOTAL INTEREST EXPENSE 3,923 4,937
NET INTEREST INCOME 25,390 24,283
Provision for loan losses 839 2,400
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 24,551 21,883
Noninterest income    
Service fees, charges and other operating income 2,348 1,771
Gain on sale of investment securities 4 85
Earnings on bank owned life insurance 551 603
Bank owned life insurance death benefit proceeds 934 0
Gain on sale of loans 705 1,350
Gain on disposition of premises and equipment 420 277
Gain on acquisition 1,120 0
TOTAL NONINTEREST INCOME 6,082 4,086
Noninterest expense    
Compensation and benefits 12,053 10,982
Occupancy and equipment 3,106 2,795
Federal deposit insurance premiums 521 596
Merger-related costs 738 108
Professional fees 903 1,176
Marketing and advertising 356 346
Foreclosed real estate expense 609 811
Core deposit intangible amortization 50 0
Other operating 3,765 2,047
TOTAL NONINTEREST EXPENSE 22,101 18,861
INCOME BEFORE INCOME TAXES 8,532 7,108
Income tax expense 1,957 1,725
NET INCOME $ 6,575 $ 5,383
Earnings per share-basic (in dollars per share) $ 2.27 $ 1.97
Earnings per share-diluted (in dollars per share) $ 2.27 $ 1.97
Weighted average shares outstanding:    
Basic (in shares) 2,899,025 2,726,133
Diluted (in shares) 2,902,932 2,729,762