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Consolidated Statements of Income (Unaudited) (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
Loans receivable, including fees:        
Taxable $ 20,761 $ 18,752 $ 59,909 $ 55,239
Tax-exempt 824 908 2,519 2,744
Securities:        
Taxable 5,187 5,021 15,251 15,387
Tax-exempt 229 185 610 553
Total interest income 27,001 24,866 78,289 73,923
Interest Expense        
Deposits 1,490 1,503 4,325 4,647
Short-term borrowings 331 189 840 501
Long-term debt 325 307 939 974
Total interest expense 2,146 1,999 6,104 6,122
Net interest income 24,855 22,867 72,185 67,801
Provision for loan losses 2,100 1,200 4,100 5,300
Net interest income after provision for loan losses 22,755 21,667 68,085 62,501
Noninterest Income        
Card income 3,828 3,778 11,643 10,946
Service charges on deposit accounts 2,399 2,347 6,668 6,945
Other 1,122 1,243 3,326 3,502
Net gains on sales of loans 254 148 528 811
Net gains on sales/calls of securities 26 0 37 21
Total noninterest income 7,629 7,516 22,202 22,225
Noninterest Expenses        
Salaries and employee benefits 11,204 10,761 33,686 31,977
Occupancy 2,133 2,205 6,712 6,478
Furniture and equipment 908 1,114 2,932 3,386
Advertising and marketing 519 358 1,288 1,103
Data processing 3,223 3,206 9,793 9,688
Regulatory assessments and related costs 544 588 1,697 1,673
Telephone 838 888 2,664 2,716
Loan expense 153 306 1,169 1,675
Pennsylvania shares tax 545 552 1,631 1,690
Other 2,309 2,465 6,607 6,746
Total noninterest expenses 22,376 22,443 68,179 67,132
Income before taxes 8,008 6,740 22,108 17,594
Provision for federal income taxes 2,507 2,064 6,582 5,225
Net income $ 5,501 $ 4,676 $ 15,526 $ 12,369
Net Income per Common Share        
Basic (in dollars per share) $ 0.39 $ 0.33 $ 1.09 $ 0.87
Diluted (in dollars per share) $ 0.38 $ 0.32 $ 1.07 $ 0.86
Average Common and Common Equivalent Shares Outstanding        
Basic (in shares) 14,201 14,145 14,182 14,138
Diluted (in shares) 14,442 14,335 14,391 14,262