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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest income:        
Interest and fees on loans $ 8,304 $ 7,188 $ 16,215 $ 14,282
Interest on taxable securities 801 1,112 1,746 2,229
Interest on tax-exempt securities 602 635 1,201 1,287
Interest on interest-bearing due from banks 56 127 127 264
Total interest income 9,763 9,062 19,289 18,062
Interest expense:        
Interest on demand deposits 107 118 223 239
Interest on savings deposits 55 57 109 114
Interest on certificates of deposit 594 673 1,185 1,335
Interest on Federal Home Loan Bank of San Francisco borrowings 363 (69) 712 (176)
Interest on junior subordinated debentures 49 93 96 187
Total interest expense 1,168 872 2,325 1,699
Net interest income 8,595 8,190 16,964 16,363
Provision for loan and lease losses   1,450   1,450
Net interest income after provision for loan and lease losses 8,595 6,740 16,964 14,913
Noninterest income:        
Service charges on deposit accounts 52 41 101 85
Payroll and benefit processing fees 130 109 278 244
Earnings on cash surrender value - life insurance 159 162 324 288
Gain (loss) on investment securities, net 61 (39) 276 (284)
Other income 479 1,863 756 2,167
Total noninterest income 881 2,136 1,735 2,500
Noninterest expense:        
Salaries and related benefits 3,575 3,464 7,485 7,144
Premises and equipment 709 678 1,443 1,320
Write down of other real estate owned 91     290
Federal Deposit Insurance Corporation insurance premium 178 189 385 380
Data processing fees 251 227 493 430
Professional service fees 442 304 830 534
Deferred compensation 71 68 142 125
Other expenses 896 921 1,937 3,268
Total noninterest expense 6,122 5,851 12,715 13,491
Income before provision for income taxes 3,354 3,025 5,984 3,922
Provision for income taxes 964 819 1,793 1,151
Net income 2,390 2,206 4,191 2,771
Less: Preferred stock dividends 50 50 100 100
Income available to common shareholders $ 2,340 $ 2,156 $ 4,091 $ 2,671
Earnings per share - basic (in Dollars per share) $ 0.18 $ 0.16 $ 0.31 $ 0.20
Weighted average shares - basic (in Shares) 13,338 13,378 13,320 13,658
Earnings per share - diluted (in Dollars per share) $ 0.18 $ 0.16 $ 0.31 $ 0.19
Weighted average shares - diluted (in Shares) 13,370 13,426 13,353 13,705