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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Loans        
Taxable $ 5,855 $ 5,649 $ 16,750 $ 17,406
Nontaxable 9 14 38 54
Securities        
Taxable 279 305 898 931
Nontaxable 178 178 532 522
Total interest income 6,321 6,146 18,218 18,913
Interest expense        
Deposits 500 539 1,501 1,718
Repurchase Agreements & Other 6 13 21 44
Federal Home Loan Bank advances 94 83 239 257
Trust preferred securities 371 336 1,034 1,077
Total interest expense 971 971 2,795 3,096
Net interest income 5,350 5,175 15,423 15,817
Provision for loan losses 150 401 300 900
Net interest income after provision for loan losses 5,200 4,774 15,123 14,917
Noninterest income        
Wealth Management Fees 670 669 1,951 1,964
Customer service fees 730 659 2,005 1,914
Gain on sale of mtg. loans & OMSR's 1,442 1,356 3,225 4,290
Mortgage loan servicing fees, net 287 408 688 1,005
Gain on sale of non-mortgage loans 71 44 178 282
Data service fees 337 333 965 1,205
Net gain on sales of securities    28 56 48
Gain/(loss) on sale/disposal of assets (15) 15 (64) (219)
Other income 287 198 659 608
Total non-interest income 3,809 3,710 9,663 11,097
Noninterest expense        
Salaries and employee benefits 3,435 3,343 10,006 10,470
Net occupancy expense 508 507 1,566 1,561
Equipment expense 616 701 1,900 2,159
Data processing fees 238 189 698 460
Professional fees 435 456 1,238 1,384
Marketing expense 105 135 398 335
Telephone and communication 94 156 313 472
Postage and delivery expense 195 199 586 623
State, local and other taxes 89 140 276 412
Employee expense 122 125 377 403
Intangible amortization expense 55 129 317 435
OREO Impairment          33
Other expenses 996 482 1,918 1,565
Total non-interest expense 6,888 6,562 19,593 20,312
Income before income tax expense 2,121 1,922 5,193 5,702
Income tax expense 608 578 1,455 1,721
Net income $ 1,513 $ 1,344 $ 3,738 $ 3,981
Common share data:        
Basic earnings per common share $ 0.31 $ 0.28 $ 0.77 $ 0.82
Diluted earnings per common share $ 0.31 $ 0.28 $ 0.76 $ 0.82
Average shares outstanding ($ in thousands):        
Basic: 4,875 4,867 4,873 4,865
Diluted: 4,900 4,881 4,896 4,877