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Consolidated Condensed Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest Income        
Loans receivable $ 4,077 $ 4,310 $ 12,067 $ 12,505
Investment securities 777 747 2,259 2,162
Interest-earning deposits and other 55 47 182 148
Total interest income 4,909 5,104 14,508 14,815
Interest Expense        
Deposits 481 542 1,498 1,750
Borrowings 358 473 1,101 1,420
Total interest expense 839 1,015 2,599 3,170
Net Interest Income 4,070 4,089 11,909 11,645
Provision for loan losses 149 20 347 656
Net Interest Income After Provision for Loan Losses 3,921 4,069 11,562 10,989
Other Income        
Service fees and charges 644 661 1,836 1,928
Net realized gains on sale of available-for-sale securities (includes $0, $1, $245 and $195, respectively, related to accumulated other comprehensive earnings reclassifications)   1 245 195
Net gains on loan sales 102 111 244 664
Interchange fee income 160 150 468 436
Increase in cash value of life insurance 61 70 185 207
Loss on premises held for sale     (111)  
Loss on real estate held for sale (35) (353) (194) (543)
Other income 105 98 341 307
Total other income 1,037 738 3,014 3,194
Other Expenses        
Salaries and employee benefits 1,953 1,749 5,641 5,107
Net occupancy and equipment expenses 504 457 1,525 1,408
Data processing fees 138 129 434 384
Advertising 165 132 404 360
Mortgage servicing rights 48 46 142 169
Office supplies 31 45 80 134
Professional fees 47 80 279 302
Federal Deposit Insurance Corporation assessment 105 99 315 292
Loan related expenses 138 142 381 395
Other expenses 388 394 1,124 1,096
Total other expenses 3,517 3,273 10,325 9,647
Income Before Income Tax 1,441 1,534 4,251 4,536
Income tax expense (includes $0, $1, $83 and $67, respectively, related to income tax expense from reclassification items) 322 398 926 1,206
Net Income 1,119 1,136 3,325 3,330
Preferred stock dividends (91) (91) (272) (272)
Net Income Available to Common Stockholders $ 1,028 $ 1,045 $ 3,053 $ 3,058
Basic earnings per common share (in dollars per share) $ 0.42 $ 0.68 $ 1.66 $ 2.00
Diluted earnings per common share (in dollars per share) $ 0.42 $ 0.68 $ 1.66 $ 2.00
Dividends per share (in dollars per share) $ 0.23 $ 0.21 $ 0.67 $ 0.63