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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest and dividend income:        
Loans $ 6,044 $ 6,346 $ 12,034 $ 12,603
Due from banks interest bearing accounts 95 91 174 176
Investment securities        
Taxable 798 688 1,578 1,258
Non-taxable 103 108 207 219
Other earning assets 8 4 12 4
Total interest and dividend income 7,048 7,237 14,005 14,260
Interest expense:        
Deposits 438 554 930 1,125
Other borrowings 69 91 141 181
Total interest expense 507 645 1,071 1,306
Net interest income 6,541 6,592 12,934 12,954
Provision for loan losses 676 1,490 1,226 2,480
Net interest income after provision for loan losses 5,865 5,102 11,708 10,474
Other operating income:        
Service charges on deposit accounts 673 720 1,326 1,413
Gains on sales of other real estate owned 17 19 17 215
Gains on sales of loans held-for-sale 505 131 900 268
Investment and brokerage services income 282 295 503 540
Mortgage brokerage income 16 15 46 27
Loan servicing income 142 53 284 388
Fiduciary activities income 121 89 228 186
ATM fees 129 123 258 224
Signature based transaction fees 266 234 514 444
Gains on calls/sales of available-for-sale securities 0 456 1 456
Other income 190 231 389 392
Total other operating income 2,341 2,366 4,466 4,553
Other operating expenses:        
Salaries and employee benefits 3,877 3,561 7,724 7,334
Occupancy and equipment 748 809 1,484 1,632
Data processing 435 400 820 784
Stationery and supplies 91 88 171 163
Advertising 94 148 204 285
Directors' fees 55 60 110 124
Other real estate owned expense and impairment 38 308 60 514
Other expense 1,188 1,162 2,445 2,384
Total other operating expenses 6,526 6,536 13,018 13,220
Income before income tax expense 1,680 932 3,156 1,807
Income tax expense 473 137 857 246
Net income 1,207 795 2,299 1,561
Preferred stock dividends and accretion (286) (251) (571) (500)
Net income available to common stockholders $ 921 $ 544 $ 1,728 $ 1,061
Basic income per share (in dollars per share) $ 0.10 $ 0.06 $ 0.19 $ 0.12
Diluted income per share (in dollars per share) $ 0.10 $ 0.06 $ 0.19 $ 0.12