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SUMMARY OF QUARTERLY RESULTS OF OPERATIONS AND PER SHARE AMOUNTS (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
 
 
 
Three Months Ended
 
 
 
March 31
 
June 30
 
Sept. 30
 
Dec. 31
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands, except per share amounts)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Total interest income
 
$
6,650
 
$
7,609
 
$
8,648
 
$
8,411
 
Total interest expense
 
 
759
 
 
823
 
 
690
 
 
645
 
Net interest income
 
 
5,891
 
 
6,786
 
 
7,958
 
 
7,766
 
Provision for loan losses
 
 
311
 
 
349
 
 
360
 
 
59
 
Net interest income after provision for loan losses
 
 
5,580
 
 
6,437
 
 
7,598
 
 
7,707
 
Total non-interest income
 
 
1,930
 
 
1,890
 
 
1,592
 
 
1,671
 
Total non-interest expense
 
 
5,979
 
 
7,245
 
 
7,630
 
 
7,308
 
Income tax expense
 
 
306
 
 
270
 
 
456
 
 
572
 
Net income
 
 
1,225
 
 
812
 
 
1,104
 
 
1,498
 
Preferred dividends and stock accretion
 
 
106
 
 
106
 
 
106
 
 
106
 
Net income applicable to common Stockholders
 
$
1,119
 
$
706
 
$
998
 
$
1,392
 
Per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, basic
 
$
.36
 
$
.18
 
$
.20
 
$
.27
 
Net income, diluted
 
 
.35
 
 
.18
 
 
.19
 
 
.27
 
Cash dividends declared
 
 
.0375
 
 
.0375
 
 
.0375
 
 
.0375
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Total interest income
 
$
6,666
 
$
6,609
 
$
6,459
 
$
6,597
 
Total interest expense
 
 
1,181
 
 
1,101
 
 
1,028
 
 
827
 
Net interest income
 
 
5,485
 
 
5,508
 
 
5,431
 
 
5,770
 
Provision for loan losses
 
 
152
 
 
221
 
 
371
 
 
484
 
Net interest income after provision for loan losses
 
 
5,333
 
 
5,287
 
 
5,060
 
 
5,286
 
Total non-interest income
 
 
1,475
 
 
1,510
 
 
1,518
 
 
1,821
 
Total non-interest expense
 
 
5,522
 
 
5,414
 
 
5,437
 
 
5,791
 
Income tax expense
 
 
315
 
 
346
 
 
269
 
 
148
 
Net income
 
 
971
 
 
1,037
 
 
872
 
 
1,168
 
Preferred dividends and stock accretion
 
 
106
 
 
106
 
 
106
 
 
106
 
Net income applicable to common Stockholders
 
$
865
 
$
931
 
$
766
 
$
1,062
 
Per common share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, basic
 
$
.28
 
$
.30
 
$
.25
 
$
.34
 
Net income, diluted
 
 
.28
 
 
.30
 
 
.24
 
 
.34
 
Cash dividends declared
 
 
.0375
 
 
.0375
 
 
.0375
 
 
.0375