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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest and dividend income:        
Interest and fees on loans $ 32,277 $ 32,184 $ 64,702 $ 63,861
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 5,140 6,223 9,864 12,014
Interest on held to maturity securities:        
Total interest on held to maturity securities 1,585 1,835 3,409 3,738
Interest on federal funds sold and other short-term investments 299 254 619 500
Total interest income 39,301 40,496 78,594 80,113
Interest on deposits:        
Interest-bearing checking 78 70 156 135
Savings 979 885 2,081 1,818
Money market deposit accounts 770 1,184 1,693 2,411
Time deposits 3,230 4,099 6,648 8,542
Interest on short-term borrowings 378 382 766 789
Total interest expense 5,435 6,620 11,344 13,695
Net interest income 33,866 33,876 67,250 66,418
Provision for loan losses 3,000 4,850 6,100 9,450
Net interest income after provision for loan losses 30,866 29,026 61,150 56,968
Noninterest income:        
Trustco financial services income 1,407 1,186 2,801 2,760
Fees for services to customers 2,388 2,325 4,628 4,419
Net gain on securities transactions 55 851 732 1,138
Other 176 209 383 525
Total noninterest income 4,026 4,571 8,544 8,842
Noninterest expenses:        
Salaries and employee benefits 7,519 7,000 15,262 14,026
Net occupancy expense 3,817 3,672 7,612 7,409
Equipment expense 1,600 1,481 3,120 2,813
Professional services 1,489 1,681 2,925 3,166
Outsourced services 1,347 1,350 2,597 2,700
Advertising expense 1,060 708 1,869 1,414
FDIC and other insurance 953 1,392 1,833 3,243
Other real estate expense, net 665 2,095 1,631 3,685
Other 2,048 2,173 4,293 3,942
Total noninterest expenses 20,498 21,552 41,142 42,398
Income before taxes 14,394 12,045 28,552 23,412
Income taxes 5,328 4,279 10,577 8,264
Net income 9,066 7,766 17,975 15,148
Net income per Common Share:        
Basic (in dollars per share) $ 0.097 $ 0.100 $ 0.192 $ 0.196
Diluted (in dollars per share) $ 0.097 $ 0.100 $ 0.192 $ 0.196
U. S. government sponsored enterprises [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 2,606 3,791 4,910 6,990
Interest on held to maturity securities:        
Total interest on held to maturity securities 0 0 25 0
State and political subdivisions [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 368 640 778 1,424
Mortgage-backed securities and collateralized mortgage obligations-residential [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 1,364 622 2,457 1,230
Interest on held to maturity securities:        
Total interest on held to maturity securities 1,198 1,240 2,488 2,428
Corporate bonds [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 648 1,081 1,470 2,220
Interest on held to maturity securities:        
Total interest on held to maturity securities 387 595 896 1,310
Other securities [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale $ 154 $ 89 $ 249 $ 150