XML 48 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest and dividend income:        
Loans, including fees $ 8,223 $ 8,169 $ 17,037 $ 17,086
Securities        
Taxable 445 315 851 615
Tax exempt 139 145 275 289
Dividends 80 81 166 148
Other Interest 38 54 104 106
8,925 8,764 18,433 18,244
Interest expense:        
Deposits 578 789 1,151 1,628
Other borrowed funds 119 92 231 173
Subordinated debentures 41 42 82 181
738 923 1,464 1,982
Net interest income 8,187 7,841 16,969 16,262
Provision for loan losses 1,386 (189) 1,880 (158)
Net interest income after provision for loan losses 6,801 8,030 15,089 16,420
Noninterest income:        
Service charges on deposit accounts 395 444 786 868
Trust fees 59 51 114 102
Income from bank owned life insurance and annuity assets 171 172 330 803
Mortgage banking income 57 109 115 246
Electronic refund check / deposit fees 414 406 3,062 2,511
Debit / credit card interchange income 548 493 1,052 945
Gain on sale of ProAlliance Corporation     135  
Other 264 265 444 470
1,912 1,965 6,030 5,905
Noninterest expense:        
Salaries and employee benefits 4,235 4,367 8,612 8,806
Occupancy 391 387 789 781
Furniture and equipment 152 208 332 434
FDIC insurance 113 117 240 261
Data processing 293 281 614 562
Foreclosed assets 41 44 102 339
Other 1,772 1,913 3,603 4,082
6,997 7,317 14,292 15,265
Income before income taxes 1,716 2,678 6,827 7,060
Provision for income taxes 372 736 1,919 1,895
NET INCOME 1,344 1,942 4,908 5,165
Earnings per share (in Dollars per share) $ 0.33 $ 0.48 $ 1.20 $ 1.27
Other Real Estate Owned [Member]
       
Noninterest income:        
Gain (loss) on other real estate owned $ 4 $ 25 $ (8) $ (40)