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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest and Dividend Income:    
Interest and fees on loans and leases $ 5,505 $ 5,606
Interest and dividends on investment securities: Taxable 723 837
Interest and dividends on investment securities: Exempt from federal taxes 121  
Interest on cash and cash equivalents 10 9
Total interest and dividend income 6,359 6,452
Interest Expense:    
Interest on NOW, money market and savings 223 297
Interest on time deposits 434 600
Interest on FHLBP advances 211 227
Interest on repurchase agreements 22 37
Interest on junior subordinated debentures 81 80
Interest on other borrowings 20 32
Total interest expense 991 1,273
Net interest income 5,368 5,179
Provision for credit losses 425 426
Net interest income after provision for credit losses 4,943 4,753
Non-interest Income:    
Service charges 340 276
Wealth management 233 208
Increase in cash surrender value of BOLI 59 60
Gains on sale of investment securities, net   1
Gains on sale of SBA loans   131
Other fees 273 285
Total non-interest income 905 961
Non-interest Expense:    
Salaries and employee benefits 2,313 2,200
Furniture and equipment 319 331
Occupancy 476 526
Professional and consulting 312 299
Marketing 178 156
Printing and supplies 36 37
FDIC insurance 107 192
PA shares tax 141 129
Telephone and fax 51 48
Other expenses 367 336
Total non-interest expense 4,300 4,254
Income before income taxes 1,548 1,460
Income tax expense 446 445
Net income 1,102 1,015
Preferred stock dividends and accretion of discount 128 155
Net income available to common stockholders $ 974 $ 860
Earnings per common share:    
Basic $ 0.36 $ 0.32
Diluted $ 0.36 $ 0.32
Cash dividends per share $ 0.05 $ 0.03
Weighted average common shares outstanding:    
Basic 2,701,860 2,664,348
Diluted 2,725,682 2,697,985