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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
INTEREST AND DIVIDEND INCOME        
Loans, including fees $ 7,157 $ 6,998 $ 14,036 $ 14,019
Taxable securities 1,249 1,179 2,499 2,402
Tax exempt securities 370 372 743 746
Federal funds sold 19 15 29 50
Total Interest and Dividend Income 8,795 8,564 17,307 17,217
INTEREST EXPENSE        
Deposits 406 692 826 1,455
Repurchase agreements 24 15 50 35
Federal Home Loan Bank advances and other debt 241 201 414 400
Subordinated debentures 65 66 129 133
Convertible promissory notes 213 244 452 488
Total Interest Expense 949 1,218 1,871 2,511
Net interest income 7,846 7,346 15,436 14,706
Provision for loan losses   600   1,200
Net interest income after provision for loan losses 7,846 6,746 15,436 13,506
NONINTEREST INCOME        
Fees from fiduciary activities 252 286 504 537
Fees from loan servicing 138 143 300 293
Fees from financial services to customers 252 244 518 557
Fees for other services to customers 867 852 1,664 1,642
Net gain on sale of loans 126 440 253 1,034
Net change in valuation of mortgage servicing (57) (118) (134) (120)
Net realized gain on sale of securities 92 221 161 209
Net gains on sale of premises and equipment 5 5 5 5
Increase in cash surrender value of life insurance 124 91 202 169
Income in equity of UFS subsidiary 288 198 582 433
Other income (losses) 79 (3) 127 99
Total Noninterest Income 2,166 2,359 4,182 4,858
NONINTEREST EXPENSE        
Salaries and employee benefits 4,389 3,908 8,456 8,093
Occupancy expense 514 483 1,074 1,007
Equipment expense 341 294 654 589
Data processing and courier expense 195 213 403 420
FDIC insurance expense 151 178 300 369
Operation of other real estate 141 364 307 563
Loan and collection expense 18 52 37 147
Other outside services 291 185 626 384
Other operating expenses 954 1,002 1,905 1,915
Total Noninterest Expense 6,994 6,679 13,762 13,487
Income before provision for income taxes 3,018 2,426 5,856 4,877
Provision for income taxes 859 695 1,632 1,391
Net Income $ 2,159 $ 1,731 $ 4,224 $ 3,486
Basic earnings per share $ 0.27 $ 0.22 $ 0.54 $ 0.44
Diluted earnings per share $ 0.24 $ 0.19 $ 0.47 $ 0.38
Cash dividend paid per share $ 0.07 $ 0.05 $ 0.14 $ 0.09