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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest income:        
Loans, including fees $ 2,439 $ 2,503 $ 4,842 $ 4,980
Investment securities:        
Taxable 470 564 977 1,148
Tax-exempt 218 284 453 579
Interest-bearing deposits 37 36 66 56
Total interest income 3,164 3,387 6,338 6,763
Interest expense:        
Deposits 179 211 363 423
Total interest expense 179 211 363 423
Net interest income 2,985 $ 3,176 5,975 $ 6,340
Provision for loan losses 50   125  
Net interest income after provision for loan losses 2,935 $ 3,176 5,850 $ 6,340
Noninterest income:        
Service charges on deposits 665 710 1,333 1,413
Gain on sales of securities 121 6 312 6
Other operating income 273 301 578 577
Total noninterest income 1,059 1,017 2,223 1,996
Noninterest expense:        
Salaries and employee benefits 1,689 1,656 3,365 3,192
Net occupancy and equipment 524 501 1,025 1,044
Amortization of core deposit intangible 118 118 236 236
FDIC insurance 75 79 168 156
Other real estate owned, net 92 45 111 276
Other operating expenses 1,082 1,224 2,233 2,363
Total noninterest expense 3,580 3,623 7,138 7,267
Income before income taxes 414 570 935 1,069
Income tax expense 66 97 159 180
Net income 348 473 776 889
Preferred dividends 59 59 118 118
Net income available to common shareholders $ 289 $ 414 $ 658 $ 771
Net income per common share - basic (in dollars per share) $ 0.13 $ 0.19 $ 0.3 $ 0.36
Net income per common share - diluted (in dollars per share) $ 0.13 $ 0.19 $ 0.3 $ 0.35
Weighted average common outstanding shares - basic (in shares) 2,183 2,161 2,180 2,161
Weighted average common outstanding shares - diluted (in shares) 2,212 2,190 2,209 2,189