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CONDENSED CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE 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 income        
Loans, including fees $ 6,324 $ 7,394 $ 12,794 $ 14,844
Taxable securities 1,943 2,057 3,910 3,851
Tax exempt securities 136 152 280 318
Federal funds sold and repurchase agreements 17 7 45 15
Total interest income 8,420 9,610 17,029 19,028
Interest expense        
Deposits 604 1,012 1,338 2,094
Subordinated debentures 487 439 970 969
Other borrowings   1   1
Total interest expense 1,091 1,452 2,308 3,064
Net interest income 7,329 8,158 14,721 15,964
Provision for loan losses 1,000 1,250 1,400 2,250
Net interest income after provision for loan losses 6,329 6,908 13,321 13,714
Noninterest income        
Service charges on deposit accounts 1,136 1,172 2,188 2,338
Other fees and charges 1,321 1,158 2,518 2,279
Earnings on cash surrender value of life insurance policies 359 351 683 681
Gain on sale of loans, net 684 519 1,089 775
Gain on sales or calls of securities, net 968   959 (10)
Other 219 283 509 573
Total noninterest income 4,687 3,483 7,946 6,636
Noninterest expense        
Salaries and employee benefits 5,051 4,475 10,108 9,192
Occupancy expense 620 700 1,260 1,392
Furniture and equipment expense 227 294 472 590
FDIC and state assessments 176 303 489 746
Other real estate owned expense 342 1,177 976 1,629
Other 2,812 2,786 5,579 5,657
Total noninterest expenses 9,228 9,735 18,884 19,206
Income before provision for income taxes 1,788 656 2,383 1,144
Provision for income taxes 527 137 642 226
Net income 1,261 519 1,741 918
Total other comprehensive income, net of tax 718 2,840 1,722 3,191
Comprehensive income $ 1,979 $ 3,359 $ 3,463 $ 4,109
Per share amounts        
Basic and diluted income per share (in Dollars per share) $ 0.18 $ 0.08 $ 0.25 $ 0.13