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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest and dividend income:        
Loans, including fees $ 5,781 $ 5,785 $ 11,468 $ 11,626
Securities:        
Taxable 516 575 1,057 1,147
Tax-exempt 377 299 750 562
Other interest and dividends 18 20 41 39
Total interest and dividend income 6,692 6,679 13,316 13,374
Interest expense:        
Deposits 761 1,070 1,541 2,222
FHLB advances 324 353 654 705
Other borrowings 168 149 325 297
Senior subordinated notes 37 142 109 284
Junior subordinated debentures 85 85 169 170
Total interest expense 1,375 1,799 2,798 3,678
Net interest income 5,317 4,880 10,518 9,696
Provision for loan losses 352 165 675 325
Net interest income after provision for loan losses 4,965 4,715 9,843 9,371
Noninterest income:        
Service fees 387 413 748 815
Mortgage banking 558 439 954 751
Investment and insurance sales commissions 204 238 491 376
Net gain (loss) on sale of securities       12   
Increase in cash surrender value of life insurance 100 101 198 202
Gain on bargain purchase    851    851
Other noninterest income 274 281 535 570
Total noninterest income 1,523 2,323 2,938 3,565
Noninterest expense:        
Salaries and employee benefits 2,280 2,217 4,578 4,380
Occupancy and facilities 419 396 916 802
Loss on foreclosed assets 144 4 150 237
Data processing and other office operations 477 428 954 832
Advertising and promotion 76 106 154 164
FDIC insurance premiums 110 105 211 212
Other noninterest expenses 710 808 1,335 1,556
Total noninterest expense 4,216 4,064 8,298 8,183
Income before provision for income taxes 2,272 2,974 4,483 4,753
Provision for income taxes 711 1,056 1,313 1,655
Net income $ 1,561 $ 1,918 $ 3,170 $ 3,098
Basic earnings per share $ 0.95 $ 1.15 $ 1.92 $ 1.86
Diluted earnings per share $ 0.95 $ 1.15 $ 1.92 $ 1.86