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Consolidated Statement 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 $ 5,754 $ 5,810 $ 16,876 $ 16,988
Interest-bearing deposits in other institutions 6 7 23 19
Federal funds sold 4 6 12 13
Investment securities:        
Taxable interest 610 749 1,909 2,455
Tax-exempt interest 782 749 2,259 2,249
Dividends on stock 18 21 56 73
Total interest income 7,174 7,342 21,135 21,797
INTEREST EXPENSE        
Deposits 1,170 1,418 3,686 4,349
Short-term borrowings 41 61 140 219
Federal funds purchased 1   1  
Other borrowings 41 78 131 244
Trust preferred securities 75 45 156 122
Total interest expense 1,328 1,602 4,114 4,934
NET INTEREST INCOME 5,846 5,740 17,021 16,863
Provision for loan losses 153 143 766 1,193
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 5,693 5,597 16,255 15,670
NONINTEREST INCOME        
Service charges on deposit accounts 510 481 1,468 1,383
Investment securities gains, net   152 175 448
Earnings on bank-owned life insurance 66 71 209 208
Gain on sale of loans       85
Other income 232 164 643 555
Total noninterest income 808 868 2,495 2,679
NONINTEREST EXPENSE        
Salaries and employee benefits 1,872 1,705 5,649 5,255
Occupancy expense 273 233 795 703
Equipment expense 228 186 603 557
Data processing costs 209 184 609 574
Ohio state franchise tax 164 160 467 417
Federal deposit insurance expense 135 250 353 751
Professional fees 316 270 883 670
(Gain) loss on sale of other real estate owned (35) 188 (40) 238
Advertising expense 113 114 336 346
Other real estate expense 128 68 324 341
Directors fees 77 97 315 279
Other expense 635 667 1,770 1,814
Total noninterest expense 4,115 4,122 12,064 11,945
Income before income taxes 2,386 2,343 6,686 6,404
Income taxes 521 494 1,479 1,392
NET INCOME $ 1,865 $ 1,849 $ 5,207 $ 5,012
EARNINGS PER SHARE        
Basic (in Dollars per share) $ 0.92 $ 0.93 $ 2.59 $ 2.66
Diluted (in Dollars per share) $ 0.92 $ 0.93 $ 2.58 $ 2.65
DIVIDENDS DECLARED PER SHARE (in Dollars per share) $ 0.26 $ 0.26 $ 0.78 $ 0.78