| Jun'12 | Jun'11 | ||||
|---|---|---|---|---|---|
Loans | |||||
15,159 | 16,958 | ||||
Investments and mortgage-backed securities | |||||
3,027 | 2,888 | ||||
Total interest income | |||||
18,186 | 19,846 | ||||
Deposits | |||||
4,176 | 5,516 | ||||
Borrowed funds | |||||
112 | 71 | ||||
Total interest expense | |||||
4,288 | 5,587 | ||||
Net interest income | |||||
13,898 | 14,259 | ||||
Provision for loan losses | |||||
3,662 | 4,140 | ||||
Net interest income after provision for loan losses | |||||
10,236 | 10,119 | ||||
Service charges | |||||
2,423 | 2,392 | ||||
Gain on sale of loans | |||||
505 | 519 | ||||
Gain on sale of investments | |||||
1,464 | 584 | ||||
Gain on sale of other real estate owned | |||||
-9 | -10 | ||||
Income from bank owned life insurance | |||||
321 | 274 | ||||
Other | |||||
273 | 279 | ||||
Total other income | |||||
4,977 | 4,038 | ||||
Compensation and employee benefits | |||||
6,826 | 6,610 | ||||
Premises and occupancy expense | |||||
1,317 | 1,325 | ||||
Deposit insurance premium | |||||
281 | 775 | ||||
Advertising expense | |||||
379 | 408 | ||||
Data processing expense | |||||
1,356 | 1,161 | ||||
Provision for loss on real estate owned | |||||
47 | 0 | ||||
Acquisition expense | |||||
0 | 38 | ||||
Intangible amortization | |||||
158 | 372 | ||||
Professional fees | |||||
767 | 522 | ||||
Other operating expenses | |||||
1,305 | 1,275 | ||||
Total other expense | |||||
12,436 | 12,486 | ||||
Income before income taxes | |||||
2,777 | 1,671 | ||||
Income tax provision | |||||
788 | 501 | ||||
Net income | |||||
1,989 | 1,170 | ||||
Basic and diluted earnings per share (in dollars per share) | |||||
0.26 | 0.15 | ||||