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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income:    
Loans $ 17,246 $ 17,664
Mortgage-backed securities 1,763 1,648
Investment securities and other 736 740
Total interest income 19,745 20,052
Interest expense:    
Deposits 1,096 1,325
Borrowed funds 584 1,538
Total interest expense 1,680 2,863
Net interest income 18,065 17,189
Provision for loan losses 530 1,100
Net interest income after provision for loan losses 17,535 16,089
Other income:    
Bankcard services revenue 791 810
Wealth management revenue 540 427
Fees and service charges 2,000 1,856
Loan servicing income 228 156
Net gain (loss) on sales of loans available-for-sale 132 (174)
Net (loss) gain from other real estate operations (32) 2
Income from Bank Owned Life Insurance 338 315
Other 1 17
Total other income 3,998 3,409
Operating expenses:    
Compensation and employee benefits 7,685 6,578
Occupancy 1,464 1,363
Equipment 756 638
Marketing 532 250
Federal deposit insurance 546 524
Data processing 1,070 973
Check card processing 446 411
Professional fees 375 611
Other operating expense 1,389 1,317
Total operating expenses 14,263 12,665
Income before provision for income taxes 7,270 6,833
Provision for income taxes 2,563 2,397
Net income $ 4,707 $ 4,436
Basic earnings per share $ 0.28 $ 0.26
Diluted earnings per share $ 0.28 $ 0.26
Average basic shares outstanding 16,884 17,285
Average diluted shares outstanding 17,050 17,324