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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest and fees on loans and leases:        
Taxable $ 15,921 $ 15,793 $ 46,916 $ 47,544
Exempt from federal income taxes 1,433 1,215 4,177 3,459
Total interest and fees on loans and leases 17,354 17,008 51,093 51,003
Interest and dividends on investment securities:        
Taxable 963 1,391 3,025 4,195
Exempt from federal income taxes 884 1,033 2,723 3,103
Other interest income 18 25 49 106
Total interest income 19,219 19,457 56,890 58,407
Interest expense        
Interest on deposits 971 1,119 2,932 3,514
Interest on short-term borrowings 7 8 25 40
Interest on long-term borrowings 0 11 0 483
Total interest expense 978 1,138 2,957 4,037
Net interest income 18,241 18,319 53,933 54,370
Provision for loan and lease losses 233 4,094 2,959 9,614
Net interest income after provision for loan and lease losses 18,008 14,225 50,974 44,756
Noninterest income        
Trust fee income 1,862 1,736 5,692 5,249
Service charges on deposit accounts 1,073 1,149 3,134 3,333
Investment advisory commission and fee income 3,086 1,740 9,144 5,654
Insurance commission and fee income 2,881 2,309 8,647 7,223
Other service fee income 1,767 1,929 5,471 5,454
Bank owned life insurance income 346 1,555 1,167 2,472
Net gain on sales of investment securities 0 1,426 557 2,950
Net gain on mortgage banking activities 616 935 1,484 4,047
Net gain on sales of other real estate owned 195 198 195 450
Loss on termination of interest rate swap 0 0 0 (1,866)
Other 684 225 1,084 702
Total noninterest income 12,510 13,202 36,575 35,668
Noninterest expense        
Salaries and benefits 11,035 9,761 31,948 28,980
Commissions 2,200 2,026 5,585 6,529
Net occupancy 1,689 1,472 5,130 4,279
Equipment 1,426 1,225 4,170 3,619
Professional fees 744 764 2,399 2,340
Marketing and advertising 391 570 1,333 1,432
Deposit insurance premiums 386 381 1,162 1,173
Intangible expenses (income) 352 275 1,762 (199)
Acquisition-related costs 180 7 739 34
Restructuring and integration charges 8 (5) 8 534
Other 3,608 3,512 10,456 10,789
Total noninterest expense 22,019 19,988 64,692 59,510
Income before income taxes 8,499 7,439 22,857 20,914
Income taxes 2,264 1,400 5,816 4,647
Net income $ 6,235 $ 6,039 $ 17,041 $ 16,267
Net income per share:        
Basic (in dollars per share) $ 0.38 $ 0.36 $ 1.05 $ 0.97
Diluted (in dollars per share) $ 0.38 $ 0.36 $ 1.04 $ 0.97
Dividends declared $ 0.20 $ 0.20 $ 0.60 $ 0.60