XML 84 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest and dividend income:      
Loans, including fees $ 33,592 $ 36,329 $ 41,263
Taxable 1,339 1,608 1,776
Tax exempt 570 590 571
Dividends 322 279 267
Other interest 135 195 163
35,958 39,001 44,040
Interest expense:      
Deposits 2,917 5,064 8,436
Other borrowed funds 391 493 644
Subordinated debentures 265 789 1,089
3,573 6,346 10,169
Net interest income 32,385 32,655 33,871
Provision for loan losses 477 1,583 4,896
Net interest income after provision for loan losses 31,908 31,072 28,975
Noninterest income:      
Service charges on deposit accounts 1,802 1,831 2,218
Trust fees 210 199 215
Income from bank owned life insurance and annuity assets 1,176 782 725
Mortgage banking income 506 626 386
Electronic refund check / deposit fees 2,556 2,289 2,559
Debit/credit card interchange income 1,963 1,700 1,387
Loss on other real estate owned (577) (331) (1,266)
Other 997 1,206 956
8,518 8,483 7,222
Noninterest expense:      
Salaries and employee benefits 17,570 17,418 16,650
Occupancy 1,573 1,565 1,585
Furniture and equipment 902 954 1,143
Corporation franchise tax 794 780 744
FDIC insurance 490 755 1,029
Data processing 1,052 1,021 891
Foreclosed assets 482 446 650
Other 6,512 6,802 5,607
29,375 29,741 28,299
Income before income taxes 11,051 9,814 7,898
Provision for income taxes 2,939 2,762 2,063
NET INCOME 8,112 7,052 5,835
Earnings per share (in Dollars per share) $ 2.00 $ 1.75 $ 1.46
Other Real Estate Owned [Member]
     
Noninterest income:      
Loss on other real estate owned $ (692) $ (150) $ (1,224)