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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest Income      
Interest and fees on loans $ 21,636 $ 23,504 $ 25,711
Interest and dividends on securities available for sale:      
Taxable interest income 883 986 993
Interest income exempt from federal income taxes 246 246 236
Dividends 111 104 69
Interest on deposits in other banks 169 114 140
Total interest and dividend income 23,045 24,954 27,149
Interest Expense      
Interest on deposits 2,257 2,871 3,885
Interest on federal funds purchased 0 0 0
Interest on Federal Home Loan Bank advances 606 958 991
Distribution on capital securities of subsidiary trusts 199 200 199
Total interest expense 3,062 4,029 5,075
Net interest income 19,983 20,925 22,074
Provision for loan losses 1,800 5,807 1,933
Net interest income after provision for loan losses 18,183 15,118 20,141
Other Income      
Trust and estate income 1,497 1,408 1,243
Brokerage income 411 323 392
Service charges on deposit accounts 2,817 2,691 3,087
Other service charges, commissions and income 1,826 1,777 1,639
Total other-than-temporary impairment gains (losses) on securities 0 60 (228)
Less: Portion of gain/(loss) recognized in other comprehensive income before taxes 0 60 (39)
Net other-than-temporary impairment losses on securities 0 0 (189)
Gain on sale of securities 144 166 102
Total other income 6,695 6,365 6,274
Other Expenses      
Salaries and benefits 9,475 9,435 10,546
Occupancy expense of premises 1,922 1,894 1,864
Furniture and equipment 1,039 1,156 1,152
Marketing expense 599 692 662
Legal, audit and consulting expense 1,238 1,013 1,079
Data processing expense 1,362 1,209 1,174
Federal Deposit Insurance Corporation expense 509 470 605
Loss on sale or impairment and expense of other real estate owned 20 391 1,110
Other operating expenses 2,942 2,810 2,671
Total expense 19,106 19,070 20,863
Income before income taxes 5,772 2,413 5,552
Income tax expense 1,441 360 1,435
Net Income $ 4,331 $ 2,053 $ 4,117
Earnings per Share, basic (in dollars per share) $ 1.17 $ 0.56 $ 1.12
Earnings per Share, assuming dilution (in dollars per share) $ 1.16 $ 0.55 $ 1.12
Dividends per Share (in dollars per share) $ 0.48 $ 0.48 $ 0.48