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Consolidated Statements of Earnings (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Interest income:      
Loans, including fees $ 21,306 $ 21,809 $ 21,864
Securities 9,343 11,633 14,946
Federal funds sold and interest bearing bank deposits 57 30 24
Total interest income 30,706 33,472 36,834
Interest expense:      
Deposits 8,068 10,038 13,139
Short-term borrowings 12 23 55
Long-term debt interest expense 3,401 4,512 4,825
Total interest expense 11,481 14,573 18,019
Net interest income 19,225 18,899 18,815
Provision for loan losses 2,450 3,580 5,250
Net interest income after provision for loan losses 16,775 15,319 13,565
Noninterest income:      
Service charges on deposit accounts 1,167 1,280 1,243
Mortgage lending 1,922 2,494 3,349
Bank-owned life insurance income 460 452 424
Affordable housing investment losses (646) (323) (228)
Other noninterest income 1,396 1,392 1,348
Securities gains, net:      
Realized gains, net 1,216 3,451 2,847
Total other-than-temporary impairments (468) (2,238) (6,807)
Noncredit portion of other-than-temporary impairments recognized in other comprehensive income 130 210 257
Total security gains (losses), net 878 1,423 (3,703)
Total noninterest income 5,177 6,718 2,433
Noninterest expense:      
Salaries and benefits 8,167 7,402 7,120
Net occupancy and equipment 1,404 1,450 1,500
Professional fees 735 702 799
FDIC and other regulatory assessments 792 1,092 1,322
Other real estate owned, net 2,007 1,378 43
Prepayment penalty on long-term debt 0 679 0
Other noninterest expense 3,252 3,190 3,150
Total noninterest expense 16,357 15,893 13,934
Earnings before income taxes 5,595 6,144 2,064
Income tax expense (benefit) 57 798 (340)
Net earnings $ 5,538 $ 5,346 $ 2,404
Basic and diluted earnings per share $ 1.52 $ 1.47 $ 0.66
Basic and diluted 3,642,735 3,642,851 3,644,691