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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest and Loan Fee Income:        
Loans $ 15,278 $ 14,822 $ 29,087 $ 29,619
Equity securities 103 99 206 197
Debt securities available for sale 22,429 17,823 43,744 35,344
Debt securities held to maturity 3,616 4,924 7,524 10,253
Interest-bearing cash 113 1,958 969 3,696
Total Interest and Loan Fee Income 41,539 39,626 81,530 79,109
Interest Expense:        
Deposits 424 478 858 963
Short-term borrowed funds 10 9 18 18
Other borrowed funds 1 0 1 0
Total Interest Expense 435 487 877 981
Net Interest and Loan Fee Income 41,104 39,139 80,653 78,128
Provision for Credit Losses 0 0 4,300 0
Net Interest and Loan Fee Income After Provision for Credit Losses 41,104 39,139 76,353 78,128
Noninterest Income:        
Securities gains 71 26 71 50
Life insurance gains 0 433 0 433
Other noninterest income 821 889 2,408 1,847
Total Noninterest Income 9,554 12,288 21,202 23,867
Noninterest Expense:        
Salaries and related benefits 12,900 13,090 25,918 26,198
Occupancy and equipment 4,791 4,916 9,723 9,964
Outsourced data processing services 2,324 2,367 4,729 4,736
Professional fees 643 481 1,032 1,146
Courier service 508 451 999 893
Amortization of identifiable intangibles 73 79 146 389
Loss contingency 0 553 0 553
Other noninterest expense 3,515 3,624 6,871 6,865
Total Noninterest Expense 24,754 25,561 49,418 50,744
Income Before Income Taxes 25,904 25,866 48,137 51,251
Provision for income taxes 6,342 6,241 11,613 11,980
Net Income $ 19,562 $ 19,625 $ 36,524 $ 39,271
Average Common Shares Outstanding (in shares) 26,935 26,942 27,001 26,892
Average Diluted Common Shares Outstanding (in shares) 26,951 26,987 27,024 26,950
Per Common Share Data:        
Basic earnings (in dollars per share) $ 0.72 $ 0.73 $ 1.35 $ 1.46
Diluted earnings (in dollars per share) 0.72 0.73 1.35 1.46
Dividends paid (in dollars per share) $ 0.41 $ 0.41 $ 0.82 $ 0.81
Deposit Account [Member]        
Noninterest Income:        
Noninterest income revenue $ 3,151 $ 4,493 $ 7,399 $ 8,997
Credit Card, Merchant Discount [Member]        
Noninterest Income:        
Noninterest income revenue 2,277 2,657 4,635 5,215
Debit Card [Member]        
Noninterest Income:        
Noninterest income revenue 1,459 1,641 2,927 3,148
Fiduciary and Trust [Member]        
Noninterest Income:        
Noninterest income revenue 714 749 1,491 1,466
ATM Processing Fees [Member]        
Noninterest Income:        
Noninterest income revenue 518 722 1,097 1,355
Financial Service, Other [Member]        
Noninterest Income:        
Noninterest income revenue 420 585 926 1,162
Financial Services Commission [Member]        
Noninterest Income:        
Noninterest income revenue $ 123 $ 93 $ 248 $ 194