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CONSOLIDATED STATEMENT OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
INTEREST AND DIVIDEND INCOME:    
Loans, including fees $ 6,768 $ 6,314
Investment securities:    
Taxable 1,443 1,474
Tax-exempt 1,267 1,405
Dividend and other interest income 62 92
TOTAL INTEREST AND DIVIDEND INCOME 9,540 9,285
INTEREST EXPENSE:    
Deposits 791 961
Short-term borrowings 25 34
Long-term borrowings, FHLB 519 620
TOTAL INTEREST EXPENSE 1,335 1,615
NET INTEREST INCOME 8,205 7,670
PROVISION FOR LOAN LOSSES 500 600
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 7,705 7,070
NON-INTEREST INCOME:    
Service charges 442 447
Securities gains, net 986 589
Bank-owned life insurance 138 268
Gain on sale of loans 351 183
Insurance commissions 264 442
Brokerage commissions 248 212
Other 304 622
TOTAL NON-INTEREST INCOME 2,733 2,763
NON-INTEREST EXPENSE:    
Salaries and employee benefits 3,068 3,017
Occupancy 351 328
Furniture and equipment 408 346
Pennsylvania shares tax 184 169
Amortization of investment in limited partnerships 165 165
Federal Deposit Insurance Corporation deposit insurance 129 123
Other 1,546 1,316
TOTAL NON-INTEREST EXPENSE 5,851 5,464
INCOME BEFORE INCOME TAX PROVISION 4,587 4,369
INCOME TAX PROVISION 903 680
NET INCOME $ 3,684 $ 3,689
EARNINGS PER SHARE - BASIC (in dollars per share) $ 0.96 $ 0.96
EARNINGS PER SHARE - DILUTED (in dollars per share) $ 0.96 $ 0.96
WEIGHTED AVERAGE SHARES OUTSTANDING - BASIC (in shares) 3,838,671 3,837,204
WEIGHTED AVERAGE SHARES OUTSTANDING - DILUTED (in shares) 3,838,671 3,837,204
DIVIDENDS PER SHARE (in dollars per share) $ 0.72 $ 0.47