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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Loans, including fees $ 52,556 $ 47,440 $ 44,992
Investment securities:      
Taxable securities 4,363 4,938 5,173
Tax-exempt securities 3,147 2,878 2,457
Federal funds sold 81 45 119
Total interest income 60,147 55,301 52,741
Interest expense:      
Deposits 2,185 2,426 3,413
Federal funds purchased and securities sold under agreements to repurchase 9 11 85
Short-term borrowings 37 40 4
Subordinated notes 705 754 711
Federal Home Loan Bank advances 2,825 2,628 2,657
Long-term debt 232 297 188
Total interest expense 5,993 6,156 7,058
Net interest income 54,154 49,145 45,683
Provision for loan losses [1] 850 750 (850)
Net interest income after provision for loan losses 53,304 48,395 46,533
Noninterest income:      
Service charges on deposit accounts 2,609 2,790 2,923
Debit card usage fees 1,830 1,764 1,787
Trust services 1,286 1,327 997
Revenue from residential mortgage banking 163 1,394 1,275
Increase in cash value of bank-owned life insurance 727 731 646
Gains (loss) on disposition of premises and equipment (6) 1,069 (9)
Realized investment securities gains (losses), net 47 223 0
Other income 1,547 998 875
Total noninterest income 8,203 10,296 8,494
Noninterest expense:      
Salaries and employee benefits 16,065 16,086 15,757
Occupancy 4,105 4,165 3,906
Data processing 2,329 2,241 2,030
FDIC insurance expense 839 757 733
Other real estate owned expense 10 1,865 1,359
Professional fees 748 944 1,200
Director fees 881 714 584
Miscellaneous losses 30 329 736
Other expenses 5,061 4,901 4,511
Total noninterest expense 30,068 32,002 30,816
Income before income taxes 31,439 26,689 24,211
Income taxes 9,697 6,649 7,320
Net income $ 21,742 $ 20,040 $ 16,891
Basic earnings per common share $ 1.35 $ 1.25 $ 1.02
Diluted earnings per common share $ 1.35 $ 1.25 $ 1.02
[1] The negative provisions for the various segments are either related to the decline in outstanding balances in each of those portfolio segments during the time periods disclosed and/or improvement in the credit quality factors related to those portfolio segments.