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Consolidated Balance Sheets (Current Period Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets    
Cash and due from banks $ 12,456 $ 9,812
Federal funds sold 47 196
Securities available for sale, at fair value 65,453 63,466
Restricted equity securities, at cost 2,358 2,591
Loans, net of allowance for loan losses of $3,799 in 2013 and $3,790 in 2012 273,460 271,147
Property and equipment, net 10,037 9,754
Other real estate owned, net of valuation allowance of $570 in 2013 and $575 in 2012 9,440 8,938
Deferred tax asset, net 1,148 1,338
Accrued income 1,563 1,590
Other assets 983 1,619
Total assets 376,945 370,451
Deposits:    
Noninterest-bearing 35,194 32,627
Interest-bearing 284,121 277,370
Total deposits 319,315 309,997
Short term borrowings 663 216
Federal Home Loan Bank borrowings 19,000 22,000
Accrued interest payable 294 332
Other liabilities 730 1,187
Total liabilities 340,002 333,732
Stockholders’ Equity:    
Preferred stock, $1,000 par value; 10,000 shares of series A and 374 shares of series B authorized, issued and outstanding at March 31, 2013 and December 31, 2012 10,374 10,374
Discount on preferred stock (122) (142)
Common stock, $5 par value; authorized 10,000,000 shares, issued and outstanding 3,270,299 (includes 27,846 restricted shares) at March 31, 2013, and 3,262,518 (includes 25,896 restricted shares) at December 31, 2012 16,167 16,167
Surplus 15,494 15,487
Retained deficit (6,215) (6,587)
Accumulated other comprehensive income 1,245 1,420
Total stockholders’ equity 36,943 36,719
Total liabilities and stockholders’ equity $ 376,945 $ 370,451