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Consolidated Statements Of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income:        
Loans and fees on loans $ 3,637 $ 3,471 $ 10,687 $ 10,280
Taxable investment securities 288 371 979 1,282
Nontaxable investment securities 58 18 121 30
Dividends on restricted stock 25 25 73 64
Other interest income 12 11 33 38
Total interest income 4,020 3,896 11,893 11,694
Interest expense:        
Deposits 459 558 1,402 1,779
Preferred stock dividends       38
Other borrowed funds 94 94 281 306
Total interest expense 553 652 1,683 2,123
Net interest income 3,467 3,244 10,210 9,571
Provision for loan losses   130 125 1,408
Net interest income after provision for loan losses 3,467 3,114 10,085 8,163
Noninterest income:        
Service charges on deposit accounts 77 68 227 206
ATM and interchange income 80 55 233 165
Mortgage loan brokerage fees 62 110 225 262
Gains on sales of investment securities 8   116 127
Other income 91 78 287 219
Total noninterest income 318 311 1,088 979
Noninterest expense:        
Salaries and employee benefits 1,355 1,264 4,072 3,629
Occupancy and equipment expense 331 307 972 942
Data processing expense 152 171 437 506
Advertising and marketing expense 99 100 364 297
Professional fees 58 77 355 271
Bank franchise taxes 51 34 152 103
FDIC insurance expense 128 126 399 369
Gains, losses on sales and writedowns of other real estate owned, net   111 351 146
Other real estate owned expense 91 72 192 249
Directors’ fees 52 51 162 168
Other expense 320 236 820 789
Total noninterest expense 2,637 2,549 8,276 7,469
Net income before income taxes 1,148 876 2,897 1,673
Income tax expense (benefit) 376 292 958 (2,366)
Net income 772 584 1,939 4,039
Effective dividends on preferred stock 372 133 639 400
Accretion of discount on preferred stock 102 19 142 56
Net income available to common stockholders $ 298 $ 432 $ 1,158 $ 3,583
Basic earnings per common share (in Dollars per share) $ 0.09 $ 0.13 $ 0.35 $ 1.10
Diluted earnings per common share (in Dollars per share) $ 0.09 $ 0.13 $ 0.33 $ 1.10
Weighted average common shares outstanding (in Shares) 3,270,299 3,262,518 3,268,646 3,258,385
Diluted average common shares outstanding (in Shares) 5,510,299 3,262,518 4,048,133 3,258,385