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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 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest income        
Loans, including fees $ 6,663 $ 7,134 $ 19,457 $ 21,978
Taxable securities 1,622 1,926 5,532 5,777
Tax exempt securities 131 156 411 474
Federal funds sold and repurchase agreements 10 22 55 37
Total interest income 8,426 9,238 25,455 28,266
Interest expense        
Deposits 462 940 1,800 3,034
Subordinated debentures 243 451 1,213 1,420
Other borrowings 8   8 1
Total interest expense 713 1,391 3,021 4,455
Net interest income 7,713 7,847 22,434 23,811
Provision for loan losses 700 400 2,100 2,650
Net interest income after provision for loan losses 7,013 7,447 20,334 21,161
Noninterest income        
Service charges on deposit accounts 1,086 1,205 3,274 3,543
Other fees and charges 1,102 1,204 3,620 3,483
Earnings on cash surrender value of life insurance policies 340 394 1,023 1,075
Gain on sale of loans, net 769 182 1,858 957
Gain on sales or calls of securities, net 697 859 1,656 849
Other 210 168 719 741
Total noninterest income 4,204 4,012 12,150 10,648
Noninterest expense        
Salaries and employee benefits 5,005 4,702 15,113 13,894
Occupancy expense 651 732 1,911 2,124
Furniture and equipment expense 237 229 709 819
FDIC and state assessments 212 294 701 1,040
Other real estate owned expense 817 877 1,793 2,506
Other 2,837 2,763 8,416 8,420
Total noninterest expenses 9,759 9,597 28,643 28,803
Income before (benefit from) provision for income taxes 1,458 1,862 3,841 3,006
(Benefit from) provision for income taxes (2,546) 542 (1,904) 768
Net income 4,004 1,320 5,745 2,238
Total other comprehensive income, net of tax 477 1,238 2,199 4,429
Comprehensive income $ 4,481 $ 2,558 $ 7,944 $ 6,667
Per share amounts        
Basic and diluted income per share (in Dollars per share) $ 0.59 $ 0.19 $ 0.84 $ 0.33