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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income        
Interest and fees on loans $ 5,588 $ 6,036 $ 16,758 $ 18,477
Interest and dividends on investment securities:        
Taxable 1,407 1,519 4,152 4,719
Tax-exempt 663 707 2,034 2,104
Interest on interest-bearing balances and other interest income 20 14 34 33
Total interest income 7,678 8,276 22,978 25,333
Interest on deposits        
Interest-bearing demand 176 175 478 501
Money market 32 55 105 192
Savings 205 272 631 902
Time 440 592 1,455 1,833
Time of $100,000 or more 282 368 918 1,117
Interest on short-term borrowings 28 27 81 80
Interest on long-term debt 63 64 189 403
Total interest expense 1,226 1,553 3,857 5,028
Net interest income 6,452 6,723 19,121 20,305
Provision for loan losses 150 300 250 600
Net interest income after provision for loan losses 6,302 6,423 18,871 19,705
Non-interest income        
Total other-than-temporary impairment loss on investment securities     (43)  
Net other-than temporary impairment losses on investment securities     (43)  
Net gain (loss) on sale of investment securities 303 (37) 862 493
Net gain (loss) on investment securities 303 (37) 819 493
Fees for services to customers 435 394 1,170 1,078
ATM and debit card 386 367 1,116 1,098
Bank-owned life insurance 77 78 226 234
Merchant Income 94 97 276 283
Net gain on sale of loans 36 186 359 644
Other 222 40 574 187
Total non-interest income 1,553 1,125 4,540 4,017
Non-interest expense        
Salaries and employee benefits 2,691 2,609 7,923 7,783
Net occupancy 382 407 1,233 1,228
Furniture and equipment 431 387 1,261 1,090
Marketing 272 176 762 633
Third party services 356 426 1,116 1,130
Telephone, postage and supplies 162 146 502 452
State taxes 172 159 517 486
FDIC insurance premiums 180 173 533 515
Other 477 451 1,307 1,296
Total non-interest expense 5,123 4,934 15,154 14,613
Income before income taxes 2,732 2,614 8,257 9,109
Provision for income taxes 604 540 1,827 2,059
Net income $ 2,128 $ 2,074 $ 6,430 $ 7,050
Earnings per share - basic (in Dollars per share) $ 0.65 $ 0.65 $ 1.98 $ 2.21
Earnings per share - diltued (in Dollars per share) $ 0.65 $ 0.64 $ 1.98 $ 2.20
Cash dividends per share (in Dollars per share) $ 0.27 $ 0.26 $ 0.81 $ 0.78