Income Taxes	9 Months Ended
Sep. 30, 2013
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The tax provision for federal income taxes was $2.1 million for the third quarter of 2013, compared to $1.4 million for the same period in 2012. The effective tax rate was 31% and 41% for the quarters ended September 30, 2013 and September 30, 2012, respectively. The reasons for the decrease in the effective tax rate for the third quarter of 2013 over the same quarter last year was the impact of a one-time nonrecurring regulatory expense of $1.5 million paid in the third quarter of 2012 which was not deductible for federal tax purposes, the proportion of tax free income to the Company's earnings before taxes which was higher during the third quarter of 2012 partially offset by a higher statutory rate and higher overall pretax income. The tax provision for federal income taxes was $5.2 million for the first nine months of 2013, compared to $3.4 million for the same period in 2012. The effective tax rates were 30% and 31% for the first nine months months ended September 30, 2013 and September 30, 2012, respectively. The variance in effective tax rates was primarily the result of the proportion of tax free income to the Company's earnings before taxes which was higher during the first nine months of 2012, the previously mentioned $1.5 million one-time non-recurring regulatory expense paid in the third quarter of 2012 which was not deductible for federal tax purposes, both of which were partially offset by a higher statutory rate and higher overall pretax income during the first nine months of 2013. The Company's statutory tax rate was 35% for the nine months months ended September 30, 2013 compared to 34% in the first nine months of 2012. At September 30, 2013, the Company had a net deferred tax asset of $13.3 million. An analysis was conducted to determine if a valuation allowance against its deferred tax assets was required. The Company used current forecasts of future expected income, possible tax planning strategies, current and future economic and business conditions (such as the possibility of a decrease in real estate value for properties the Bank holds as collateral on loans), the probability that taxable income will continue to be generated in future periods and the cumulative losses recorded in previous years to make the assessment. Management concluded that a valuation allowance was not necessary at September 30, 2013.

Income Taxes

The tax provision for federal income taxes was $2.1 million for the third quarter of 2013, compared to $1.4 million for the same period in 2012. The effective tax rate was 31% and 41% for the quarters ended September 30, 2013 and September 30, 2012, respectively. The reasons for the decrease in the effective tax rate for the third quarter of 2013 over the same quarter last year was the impact of a one-time nonrecurring regulatory expense of $1.5 million paid in the third quarter of 2012 which was not deductible for federal tax purposes, the proportion of tax free income to the Company's earnings before taxes which was higher during the third quarter of 2012 partially offset by a higher statutory rate and higher overall pretax income.

The tax provision for federal income taxes was $5.2 million for the first nine months of 2013, compared to $3.4 million for the same period in 2012. The effective tax rates were 30% and 31% for the first nine months months ended September 30, 2013 and September 30, 2012, respectively. The variance in effective tax rates was primarily the result of the proportion of tax free income to the Company's earnings before taxes which was higher during the first nine months of 2012, the previously mentioned $1.5 million one-time non-recurring regulatory expense paid in the third quarter of 2012 which was not deductible for federal tax purposes, both of which were partially offset by a higher statutory rate and higher overall pretax income during the first nine months of 2013. The Company's statutory tax rate was 35% for the nine months months ended September 30, 2013 compared to 34% in the first nine months of 2012.

At September 30, 2013, the Company had a net deferred tax asset of $13.3 million. An analysis was conducted to determine if a valuation allowance against its deferred tax assets was required. The Company used current forecasts of future expected income, possible tax planning strategies, current and future economic and business conditions (such as the possibility of a decrease in real estate value for properties the Bank holds as collateral on loans), the probability that taxable income will continue to be generated in future periods and the cumulative losses recorded in previous years to make the assessment. Management concluded that a valuation allowance was not necessary at September 30, 2013.