Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest and dividend income:        
Interest and fees on loans $ 6,364 $ 4,908 $ 18,032 $ 14,068
Interest on taxable debt securities 559 701 1,540 1,862
Dividends 10 5 38 109
Other interest income 18 6 72 16
Total interest and dividend income 6,951 5,620 19,682 16,055
Interest expense:        
Interest on deposits 1,080 905 3,049 2,755
Interest on Federal Home Loan Bank advances 211 421 753 1,562
Interest on securities sold under agreements to repurchase 1 3 7 12
Interest on other borrowed funds 11 12 32 69
Total interest expense 1,303 1,341 3,841 4,398
Net interest and dividend income 5,648 4,279 15,841 11,657
Provision for loan losses 734 320 2,040 1,538
Net interest and dividend income after provision for loan losses 4,914 3,959 13,801 10,119
Noninterest income:        
Customer service fees 230 187 628 437
Income from bank-owned life insurance 105 115 316 311
Net gain on sales of loans 191 91 1,506 308
Net gain on sales and calls of securities       2,788
Other income 154 50 681 115
Total noninterest income 680 443 3,131 3,959
Noninterest expense:        
Salaries and employee benefits 3,312 2,555 9,697 7,388
Director fees 82 68 272 227
Occupancy expense 207 188 586 569
Equipment expense 110 87 319 248
Deposit insurance 114 106 367 331
Data processing 472 248 1,316 725
Professional fees 200 182 731 488
Marketing 265 214 743 697
Other expense 586 346 1,576 957
Total noninterest expense 5,348 3,994 15,607 11,630
Income before income tax expense 246 408 1,325 2,448
Income tax expense 63 113 409 812
Net income $ 183 $ 295 $ 916 $ 1,636
Earnings per share:        
Basic $ 0.02   $ 0.11  
Diluted $ 0.02   $ 0.11