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Consolidated Condensed 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 Income        
Loans receivable $ 4,139 $ 3,492 $ 8,195 $ 7,117
Investment securities 728 703 1,415 1,418
Interest-earning deposits and other 52 41 100 81
Total interest income 4,919 4,236 9,710 8,616
Interest Expense        
Deposits 591 679 1,207 1,401
Borrowings 473 587 947 1,175
Total interest expense 1,064 1,266 2,154 2,576
Net Interest Income 3,855 2,970 7,556 6,040
Provision for loan losses 318 322 636 796
Net Interest Income After Provision for Loan Losses 3,537 2,648 6,920 5,244
Other Income        
Service fees and charges 673 501 1,267 998
Net realized gains on sale of available-for-sale securities (includes $114, $197, $193, and $331, respectively, related to accumulated other comprehensive earnings reclassifications) 114 197 193 331
Net gains on loan sales 228 225 553 509
Interchange fee income 147 114 286 220
Increase in cash value of life insurance 69 77 137 154
Loss on real estate held for sale (59) (102) (202) (394)
Other income 113 87 222 163
Total other income 1,285 1,099 2,456 1,981
Other Expenses        
Salaries and employee benefits 1,669 1,423 3,358 2,901
Net occupancy and equipment expenses 475 351 951 710
Data processing fees 125 112 256 214
Advertising 122 127 228 201
Mortgage servicing rights 58 67 123 117
Office supplies 57 35 89 67
Professional fees 130 96 221 192
Federal Deposit Insurance Corporation assessment 110 88 193 167
Loan-related expenses 152 117 253 322
Acquisition expense 9 81 18 124
Other expenses 286 387 684 633
Total other expenses 3,193 2,884 6,374 5,648
Income Before Income Tax 1,629 863 3,002 1,577
Income tax expense (includes $39, $71, $66 and $117, respectively, related to income tax expense from reclassification items) 441 171 808 293
Net Income 1,188 692 2,194 1,284
Preferred stock dividends 91 91 181 181
Net Income Available to Common Stockholders $ 1,097 $ 601 $ 2,013 $ 1,103
Basic earnings per common share (in dollars per share) $ 0.72 $ 0.40 $ 1.32 $ 0.73
Diluted earnings per common share (in dollars per share) $ 0.72 $ 0.40 $ 1.32 $ 0.73
Dividends per share (in dollars per share) $ 0.21 $ 0.21 $ 0.42 $ 0.42