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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Interest and Dividend Income    
Loans $ 11,521 $ 11,828
Securities 2,658 3,242
Dividends on Federal Home Loan Bank stock and other 218 233
Total interest and dividend income 14,397 15,303
Interest Expense    
Deposits 1,700 2,118
Other short term borrowings 10 10
Federal Home Loan Bank advances 611 670
Total interest expense 2,321 2,798
Net Interest Income 12,076 12,505
Provision for Loan Losses 220 773
Net Interest Income After Provision for Loan Losses 11,856 11,732
Noninterest Income    
Gain on loan sales 105 273
Gain (Loss) on sale of foreclosed assets held for sale 5 (13)
Trust income    288
Earnings on bank-owned life insurance 296 298
Service fees, charges and other operating 1,190 1,079
Total noninterest income 1,596 1,925
Noninterest Expense    
Salaries and employee benefits 6,046 6,546
Net occupancy and equipment expense 1,948 1,910
Federal deposit insurance premiums 273 297
Franchise taxes 390 401
Provision for impairment on foreclosed assets held for sale 26 46
Amortization of intangible assets 91 91
Other 1,989 2,266
Total noninterest expense 10,763 11,557
Income Before Federal Income Taxes 2,689 2,100
Provision for Federal Income Taxes 633 378
Net Income 2,056 1,722
Other comprehensive income (loss):    
Unrealized losses on available-for-sale securities, net of taxes of ($919) and ($128) for 2013 and 2012, respectively (1,784) (249)
Change in split-dollar life insurance policy unrecognized net loss 188 (246)
Change in defined benefit plan unrecognized net gain (loss), net of taxes of $128 and ($44) for 2013 and 2012, respectively 249 (87)
Amortization of net loss included in net periodic pension cost, net of taxes of $37 and $21 for 2013 and 2012, respectively 72 41
Other comprehensive loss (1,275) (541)
Total comprehensive income $ 781 $ 1,181
Basic Earnings Per Share $ 0.72 $ 0.59
Diluted Earnings Per Share $ 0.72 $ 0.59