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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest and dividend income:        
Loans, including fees $ 5,865 $ 5,965 $ 17,333 $ 17,591
Securities:        
Taxable 509 578 1,566 1,725
Tax-exempt 383 372 1,133 934
Other interest and dividends 15 18 56 57
Total interest and dividend income 6,772 6,933 20,088 20,307
Interest expense:        
Deposits 738 1,037 2,279 3,259
FHLB advances 323 356 977 1,061
Other borrowings 165 150 490 447
Senior subordinated notes 38 141 147 425
Junior subordinated debentures 86 86 255 256
Total interest expense 1,350 1,770 4,148 5,448
Net interest income 5,422 5,163 15,940 14,859
Provision for loan losses 3,340    4,015 325
Net interest income after provision for loan losses 2,082 5,163 11,925 14,534
Noninterest income:        
Service fees 422 424 1,170 1,239
Mortgage banking 384 462 1,338 1,213
Investment and insurance sales commissions 204 186 695 562
Net gain on sale of securities       12   
Increase in cash surrender value of life insurance 102 102 300 304
Gain on bargain purchase          851
Other noninterest income 299 270 834 840
Total noninterest income 1,411 1,444 4,349 5,009
Noninterest expense:        
Salaries and employee benefits 2,031 2,329 6,609 6,709
Occupancy and facilities 408 408 1,324 1,210
Loss on foreclosed assets 144 330 294 567
Data processing and other office operations 449 892 1,403 1,724
Advertising and promotion 80 71 234 235
FDIC insurance premiums 100 123 311 335
Other noninterest expenses 605 707 1,940 2,263
Total noninterest expense 3,817 4,860 12,115 13,043
Income (loss) before provision for income taxes (324) 1,747 4,159 6,500
Provision (credit) for income taxes (337) 521 976 2,176
Net income $ 13 $ 1,226 $ 3,183 $ 4,324
Basic earnings per share $ 0.01 $ 0.74 $ 1.93 $ 2.60
Diluted earnings per share $ 0.01 $ 0.74 $ 1.93 $ 2.60