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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest Income        
Loans receivable $ 3,987 $ 4,139 $ 7,990 $ 8,195
Investment securities 738 728 1,482 1,415
Interest-earning deposits and other 55 52 127 100
Total interest income 4,780 4,919 9,599 9,710
Interest Expense        
Deposits 501 591 1,017 1,207
Borrowings 352 473 743 947
Total interest expense 853 1,064 1,760 2,154
Net Interest Income 3,927 3,855 7,839 7,556
Provision for loan losses 24 318 198 636
Net Interest Income After Provision for Loan Losses 3,903 3,537 7,641 6,920
Other Income        
Service fees and charges 648 673 1,192 1,267
Net realized gains on sale of available-for-sale securities (includes $158, $114, $245 and $193, respectively, related to accumulated other comprehensive earnings reclassifications) 158 114 245 193
Net gains on loan sales 64 228 142 553
Interchange fee income 161 147 308 286
Increase in cash value of life insurance 42 69 124 137
Loss on premises held for sale (111)   (111)  
Loss on real estate held for sale (139) (59) (159) (202)
Other income 131 113 236 222
Total other income 954 1,285 1,977 2,456
Other Expenses        
Salaries and employee benefits 1,847 1,669 3,688 3,358
Net occupancy and equipment expenses 486 475 1,023 951
Data processing fees 152 125 296 256
Advertising 140 122 239 228
Mortgage servicing rights 48 58 92 123
Office supplies 34 57 49 89
Professional fees 98 130 232 221
Federal Deposit Insurance Corporation assessment 105 110 210 193
Loan related expenses 109 152 243 253
Other expenses 371 295 736 702
Total other expenses 3,390 3,193 6,808 6,374
Income Before Income Tax 1,467 1,629 2,810 3,002
Income tax expense (includes $54, $39, $83 and $66, respectively, related to income tax expense from reclassification items) 326 441 604 808
Net Income 1,141 1,188 2,206 2,194
Preferred stock dividends 91 91 181 181
Net Income Available to Common Stockholders $ 1,050 $ 1,097 $ 2,025 $ 2,013
Basic earnings per common share (in dollars per share) $ 0.68 $ 0.72 $ 1.32 $ 1.32
Diluted earnings per common share (in dollars per share) $ 0.68 $ 0.72 $ 1.32 $ 1.32
Dividends per share (in dollars per share) $ 0.23 $ 0.21 $ 0.44 $ 0.42