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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income:    
Interest and fees on loans $ 12,518 $ 13,284
Securities:    
Taxable 1,077 962
Exempt from federal income tax 448 371
Short term investments 32 55
Total interest income 14,075 14,672
Interest expense:    
Deposits 1,041 1,350
FHLB advances and other borrowing 57 145
Subordinated Debt 158 165
Total Interest Expense 1,256 1,660
Net Interest Income 12,819 13,012
Provision for loan losses 0 1,278
Net interest income after provision for loan losses 12,819 11,734
Non-interest income:    
Service charges on deposit accounts 977 1,020
Gain on sale of mortgage loans 318 1,561
Mortgage servicing, net of amortization 154 (136)
Gain on sale of available for sale securities 1 50
Other 480 400
Total non-interest income 1,930 2,895
Non-interest expense:    
Salaries and employee benefits 5,877 5,918
Occupancy and equipment 1,432 1,359
FDIC insurance premium 231 259
Amortization of intangibles 79 102
Outside professional services 356 293
Advertising and promotions 239 311
Other real estate owned costs 153 163
FHLB advance prepayment cost 1,260 0
Merger related expenses 251 0
Other 1,561 2,196
Total non-interest expense 11,439 10,601
Income before federal income taxes 3,310 4,028
Federal income taxes 960 1,165
Net Income 2,350 2,863
Preferred stock dividends and accretion of discount on preferred stock 0 209
Net income available to common shareholders $ 2,350 $ 2,654
Basic earnings per share (in Dollars per share) $ 0.29 $ 0.33
Diluted earnings per share (in Dollars per share) $ 0.29 $ 0.33
Dividends per share (in Dollars per share) $ 0.06 $ 0.06