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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
Interest income on:        
Loans, including fees $ 3,108 $ 3,251 $ 9,237 $ 9,302
U.S. Treasury and U.S. Government agency securities 171 241 562 643
State and municipal securities 357 429 1,026 1,273
Other 22 19 68 60
Total interest income 3,658 3,940 10,893 11,278
Interest expense on:        
Deposits 505 511 1,403 1,609
Short-term borrowings   3   3
Long-term borrowings 161 161 479 479
Total interest expense 666 675 1,882 2,091
Net interest income 2,992 3,265 9,011 9,187
Provision for credit losses 125   275  
Net interest income after provision for credit losses 2,867 3,265 8,736 9,187
Other income:        
Service charges on deposit accounts 112 163 349 433
Other fees and commissions 241 251 602 612
Other non-interest income (5) (11) 9 (1)
Income on life insurance 56 59 167 175
Gains on investment securities 361 150 581 274
Total other income 765 612 1,708 1,493
Other expenses:        
Salaries and employee benefits 1,657 1,720 5,003 5,048
Occupancy 191 192 618 589
Impairment of securities and stocks   15   15
Other expenses 1,147 911 3,121 2,594
Total other expenses 2,995 2,838 8,742 8,246
Income before income taxes 637 1,039 1,702 2,434
Income tax expense 111 244 268 470
Net income $ 526 $ 795 $ 1,434 $ 1,964
Basic and diluted earnings per share of common stock (in dollars per share) $ 0.19 $ 0.29 $ 0.52 $ 0.72
Weighted average shares of common stock outstanding (in shares) 2,757,213 2,743,679 2,757,011 2,741,388
Dividends declared per share of common stock (in dollars per share) $ 0.10 $ 0.10 $ 0.30 $ 0.30