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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
9 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2012
Interest and Dividend Income    
Loans $ 9,209 $ 11,828
Securities 3,230 3,242
Dividends on Federal Home Loan Bank stock and other 169 233
Total interest and dividend income 12,608 15,303
Interest Expense    
Deposits 2,220 2,118
Other short term borrowings 10 10
Federal Home Loan Bank advances 749 670
Total interest expense 2,979 2,798
Net Interest Income 9,629 12,505
Provision for Loan Losses 806 773
Net Interest Income After Provision for Loan Losses 8,823 11,732
Noninterest Income    
Gain on loan sales 102 273
Trust income 221 288
Earnings on bank-owned life insurance 199 298
Service fees, charges and other operating 962 1,079
Total noninterest income 1,484 1,938
Noninterest Expense    
Salaries and employee benefits 4,588 6,546
Net occupancy and equipment expense 1,402 1,910
Federal deposit insurance premiums 240 297
Franchise taxes 281 401
Provision for impairment on foreclosed assets held for sale 681 46
Loss (Gain) on sale of foreclosed assets held for sale (6) 13
Amortization of intangible assets 68 91
Other 1,485 2,266
Total noninterest expense 8,739 11,570
Income Before Federal Income Taxes 1,568 2,100
Provision for Federal Income Taxes 234 378
Net Income 1,334 1,722
Other comprehensive income:    
Unrealized gains (losses) on available-for-sale securities, net of taxes of ($128) and $425 for 2012 and 2011, respectively 823 (249)
Change in split-dollar life insurance policy unrecognized net loss    (246)
Change in defined benefit plan unrecognized net loss, net of taxes of ($44) and $137) for 2012 and 2011, respectively (265) (87)
Amortization of net loss included in net periodic pension cost, net of taxes of $21 and $9 for 2012 and 2011, respectively 18 41
Other comprehensive income (loss) 576 (541)
Total comprehensive income $ 1,910 $ 1,181
Basic Earnings Per Share $ 0.46 $ 0.59
Diluted Earnings Per Share $ 0.46 $ 0.59