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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest and dividend income    
Loans and leases, including fees $ 23,748 $ 20,004
Taxable securities 2,617 2,338
Tax-exempt securities 1,045 1,016
Federal funds sold and other 73 118
Total interest income 27,483 23,476
Interest expense    
Deposits 2,955 1,318
Short-term borrowings 72 13
Subordinated debentures 483 385
Total interest expense 3,510 1,716
Net interest income 23,973 21,760
Provision for loan losses 300 200
Net interest income after provision for loan losses 23,673 21,560
Non-interest income    
Service charges on deposits 2,943 2,946
Other income 2,963 2,187
Total non-interest income 5,906 5,133
Other operating expense    
Salaries and employee benefits 9,243 9,183
Occupancy and equipment 2,361 2,348
Other 6,248 6,356
Total other operating expense 17,852 17,887
Income before taxes 11,727 8,806
Provision for income taxes 2,832 2,096
Net income $ 8,895 $ 6,710
PER SHARE DATA    
Book value $ 18.53 $ 16.75
Cash dividends 0.18 0.16
Earnings per share basic 0.58 0.44
Earnings per share diluted $ 0.58 $ 0.44
Average shares outstanding, basic 15,311,154 15,232,696
Average shares outstanding, diluted 15,447,747 15,412,168
Total shareholder equity (in thousands) $ 284,068 $ 255,320
Shares outstanding 15,328,030 15,246,780
Dividends paid (in thousands) $ 2,754 $ 2,437