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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
INTEREST INCOME:        
Interest and fees on loans $ 7,216 $ 5,204 $ 18,765 $ 16,011
Interest and dividends on securities:        
Taxable interest and dividends 841 731 2,484 2,154
Tax exempt interest 555 513 1,588 1,527
Interest on federal funds sold 36 11 70 42
TOTAL INTEREST INCOME 8,648 6,459 22,907 19,734
INTEREST EXPENSE:        
Interest on deposits 540 714 1,824 2,440
Interest on borrowed funds 150 314 448 870
TOTAL INTEREST EXPENSE 690 1,028 2,272 3,310
NET INTEREST INCOME 7,958 5,431 20,635 16,424
PROVISION FOR LOAN LOSSES 360 371 1,020 744
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 7,598 5,060 19,615 15,680
OTHER INCOME:        
Service charges on deposit accounts 1,077 853 2,931 2,580
Other service charges and fees 515 665 2,481 1,923
TOTAL OTHER INCOME 1,592 1,518 5,412 4,503
OTHER EXPENSES:        
Salaries and employee benefits 4,010 3,075 10,922 9,009
Occupancy and equipment 802 493 2,862 2,402
Other 2,818 1,869 7,070 4,962
TOTAL OTHER EXPENSES 7,630 5,437 20,854 16,373
INCOME BEFORE INCOME TAXES 1,560 1,141 4,173 3,810
INCOME TAXES 456 269 1,032 930
NET INCOME 1,104 872 3,141 2,880
PREFERRED STOCK ACCRETION AND DIVIDENDS 106 106 318 318
NET INCOME APPLICABLE TO COMMON STOCKHOLDERS $ 998 $ 766 $ 2,823 $ 2,562
NET INCOME APPLICABLE TO COMMON STOCKHOLDERS:        
BASIC $ 0.20 $ 0.25 $ 0.70 $ 0.83
DILUTED $ 0.19 $ 0.24 $ 0.69 $ 0.82
DIVIDENDS PER SHARE - COMMON $ 0.0375 $ 0.0375 $ 0.1125 $ 0.1125