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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, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest Income        
Interest and Fees on Loans & Leases $ 16,679 $ 16,505 $ 48,030 $ 49,283
Interest on Deposits with Banks 2 8 49 76
Interest on Investment Securities:        
Taxable 2,297 2,315 6,785 7,958
Exempt from Federal Tax 637 671 1,951 1,961
Total Interest Income 19,615 19,499 56,815 59,278
Interest Expense        
Deposits 632 935 1,943 2,967
Borrowed Funds 7 11 16 1,047
Subordinated Debentures 82 87 245 262
Total Interest Expense 721 1,033 2,204 4,276
Net Interest Income 18,894 18,466 54,611 55,002
Provision for Credit Losses 0 600 250 1,100
Net Interest Income After Provision for Credit Losses 18,894 17,866 54,361 53,902
Non-Interest Income        
Service Charges on Deposit Accounts 1,139 1,248 3,312 3,662
Net (Loss) Gain on Sale of Investment Securities (1,137) 149 (248) 149
Increase in Cash Surrender Value of Life Insurance 473 500 1,399 1,412
Debit Card and ATM Fees 774 732 2,295 2,197
Net Gain on Deferred Compensation Investments 875 762 2,279 1,381
Other 1,324 662 2,872 1,986
Total Non-Interest Income 3,448 4,053 11,909 10,787
Non-Interest Expense        
Salaries and Employee Benefits 8,244 7,850 25,184 23,792
Net Gain on Deferred Compensation Investments 875 762 2,279 1,381
Occupancy 649 656 1,899 1,925
Equipment 705 686 2,078 2,282
Legal Fees (69) 204 391 629
FDIC Insurance 246 243 732 728
Other 1,535 1,359 4,683 5,816
Total Non-Interest Expense 12,185 11,760 37,246 36,553
Income Before Income Taxes 10,157 10,159 29,024 28,136
Provision for Income Taxes 3,805 3,827 10,856 10,452
Net Income $ 6,352 $ 6,332 $ 18,168 $ 17,684
Basic Earnings Per Common Share (in dollars per share) $ 8.17 $ 8.13 $ 23.36 $ 22.70