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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest Income    
Interest and Fees on Loans & Leases $ 21,894 $ 19,127
Interest on Deposits with Banks 46 58
Interest on Investment Securities:    
Taxable 1,602 1,586
Exempt from Federal Tax 484 522
Total Interest Income 24,026 21,293
Interest Expense    
Deposits 828 712
Borrowed Funds 4 0
Subordinated Debentures 88 80
Total Interest Expense 920 792
Net Interest Income 23,106 20,501
Provision for Credit Losses 2,600 600
Net Interest Income After Provision for Credit Losses 20,506 19,901
Non-Interest Income    
Service Charges on Deposit Accounts 814 898
Net (Loss) Gain on Sale of Investment Securities (289) 1
Increase in Cash Surrender Value of Life Insurance 474 464
Debit Card and ATM Fees 835 777
Net Gain on Deferred Compensation Investments 291 765
Other 596 1,759
Total Non-Interest Income 2,721 4,664
Non-Interest Expense    
Salaries and Employee Benefits 11,706 10,099
Net Gain on Deferred Compensation Investments 291 765
Occupancy 741 639
Equipment 857 732
Marketing 299 136
FDIC Insurance 316 284
Gain on Sale of ORE (5,684) 0
Other 3,493 1,563
Total Non-Interest Expense 12,019 14,218
Income Before Income Taxes 11,208 10,347
Provision for Income Taxes 4,036 3,944
Net Income $ 7,172 $ 6,403
Basic Earnings Per Common Share (in dollars per share) $ 9.06 $ 8.15