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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
INTEREST INCOME        
Loans $ 7,934 $ 7,879 $ 15,746 $ 15,389
Interest bearing deposits at banks 33 15 34 31
Securities:        
Taxable 429 455 835 904
Non-taxable 240 243 477 488
Total interest income 8,636 8,592 17,092 16,812
INTEREST EXPENSE        
Deposits 860 756 1,643 1,512
Other borrowings 46 75 60 160
Junior subordinated debentures 82 79 160 159
Total interest expense 988 910 1,863 1,831
NET INTEREST INCOME 7,648 7,682 15,229 14,981
PROVISION (CREDIT) FOR LOAN LOSSES 415 176 616 328
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 7,233 7,506 14,613 14,653
NON-INTEREST INCOME        
Bank charges 411 464 820 925
Insurance service and fees 1,821 1,586 3,650 3,718
Data center income 69 101 92 207
Gain on loans sold 58 40 81 40
Bank-owned life insurance 152 151 289 296
Other 965 713 1,610 1,263
Total non-interest income 3,476 3,055 6,542 6,449
NON-INTEREST EXPENSE        
Salaries and employee benefits 5,066 4,564 9,860 9,260
Litigation expense   1,000   1,000
Occupancy 697 685 1,392 1,428
Repairs and maintenance 215 180 388 356
Advertising and public relations 231 281 442 503
Professional services 670 418 1,180 936
Technology and communications 262 278 522 578
Amortization of intangibles   40   81
FDIC insurance 148 112 295 274
Other 952 774 1,674 1,535
Total non-interest expense 8,241 8,332 15,753 15,951
INCOME BEFORE INCOME TAXES 2,468 2,229 5,402 5,151
INCOME TAX PROVISION 793 650 1,822 1,559
NET INCOME $ 1,675 $ 1,579 $ 3,580 $ 3,592
Net income per common share-basic $ 0.40 $ 0.38 $ 0.85 $ 0.86
Net income per common share-diluted $ 0.39 $ 0.37 0.83 0.84
Cash dividends per common share     $ 0.36 $ 0.31
Weighted average number of common shares outstanding 4,234,334 4,166,497 4,233,196 4,183,414
Weighted average number of diluted shares outstanding 4,309,688 4,248,249 4,309,423 4,264,889