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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest Income:    
Interest and fees on loans and leases $ 4,805 $ 4,824
Interest and dividends on investment securities: Taxable 710 681
Interest and dividends on investment securities: Exempt from federal taxes 276 257
Interest on cash and cash equivalents 11 12
Total interest and dividend income 5,802 5,774
Interest Expense:    
Interest on NOW, money market and savings 155 194
Interest on time deposits 223 291
Interest on FHLB advances 146 206
Interest on repurchase agreements 10 14
Interest on junior subordinated debentures 73 76
Interest on other borrowings 18 19
Total interest expense 625 800
Net interest income 5,177 4,974
Provision for credit losses 375 180
Net interest income after provision for credit losses 4,802 4,794
Non-interest Income:    
Service charges 330 345
Wealth management 311 291
Increase in cash surrender value of BOLI 58 58
Gains on sale of investment securities, net 235 59
Gain on sale of loans   147
Other fees 285 299
Total non-interest income 1,219 1,199
Non-interest Expense:    
Salaries and employee benefits 2,503 2,364
Furniture and equipment 331 284
Occupancy 619 519
Professional and consulting 318 317
Advertising and marketing 155 160
Printing and supplies 39 41
FDIC insurance 112 105
PA shares tax 150 154
Telecommunications 57 58
Postage 20 21
Loss on sale or write down of OREO 6 10
Other expenses 384 355
Total non-interest expense 4,694 4,388
Income before income tax expense 1,327 1,605
Income tax expense 323 430
Net income 1,004 1,175
Preferred stock dividends and accretion of discount 37 37
Net income available to Common Shareholders $ 967 $ 1,138
Earnings per common share:    
Basic $ 0.35 $ 0.42
Diluted $ 0.35 $ 0.41
Cash dividends per common share $ 0.07 $ 0.07
Weighted average common shares outstanding:    
Basic 2,758,135 2,725,111
Diluted 2,802,362 2,761,712