XML 59 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest income:        
Loans receivable $ 4,860 $ 4,669 $ 13,751 $ 14,398
Securities available for sale:        
Mortgage-backed and related 35 38 87 131
Other marketable 468 378 1,455 889
Cash equivalents 26 45 48 157
Other 1 1 3 3
Total interest income 5,390 5,131 15,344 15,578
Interest expense:        
Deposits 231 297 705 937
Federal Home Loan Bank advances 0 0 1 0
Other borrowings 166 0 408 0
Total interest expense 397 297 1,114 937
Net interest income 4,993 4,834 14,230 14,641
Provision for loan losses (56) (989) (239) (4,777)
Net interest income after provision for loan losses 5,049 5,823 14,469 19,418
Non-interest income:        
Fees and service charges 863 903 2,489 2,627
Mortgage servicing fees 262 263 778 787
Gain on sales of loans 613 804 1,428 1,480
Gain on acquisition 289 0 289 0
Other 204 224 708 710
Total non-interest income 2,231 2,194 5,692 5,604
Non-interest expense:        
Compensation and benefits 3,299 3,193 10,285 9,944
Losses (gains) on real estate owned 168 (78) 121 (1,130)
Occupancy 936 896 2,741 2,654
Deposit insurance 125 74 269 328
Data processing 254 240 753 735
Other 1,187 1,100 3,031 3,055
Total non-interest expense 5,969 5,425 17,200 15,586
Income before income tax expense 1,311 2,592 2,961 9,436
Income tax expense 491 1,054 1,095 3,736
Net income 820 1,538 1,866 5,700
Preferred stock dividends 0 (360) (108) (1,417)
Net income for common shareholders 820 1,178 1,758 4,283
Other comprehensive income (loss), net of tax 275 (70) 481 302
Comprehensive income attributable to common shareholders $ 1,095 $ 1,108 $ 2,239 $ 4,585
Basic earnings per common share (in Dollars per share) $ 0.20 $ 0.29 $ 0.43 $ 1.06
Diluted earnings per common share (in Dollars per share) $ 0.18 $ 0.25 $ 0.38 $ 0.93