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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest and dividend income:        
Interest and fees on loans $ 33,614 $ 31,639 $ 66,488 $ 63,120
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 4,307 4,314 8,616 8,838
Interest on held to maturity securities:        
Total interest on held to maturity securities 731 930 1,510 2,031
Federal Reserve Bank and Federal Home Loan Bank stock 128 121 261 240
Interest on federal funds sold and other short-term investments 376 327 727 572
Total interest income 39,156 37,331 77,602 74,801
Interest expense:        
Interest-bearing checking 89 82 173 162
Savings 592 829 1,355 1,745
Money market deposit accounts 618 630 1,217 1,315
Time deposits 2,035 1,883 3,986 3,703
Interest on short-term borrowings 342 367 735 731
Total interest expense 3,676 3,791 7,466 7,656
Net interest income 35,480 33,540 70,136 67,145
Provision for loan losses 1,500 2,000 3,000 4,000
Net interest income after provision for loan losses 33,980 31,540 67,136 63,145
Noninterest income:        
Trustco financial services income 1,405 1,287 2,915 2,708
Fees for services to customers 2,732 2,968 5,253 5,855
Net gain on securities transactions 0 1,432 6 1,434
Other 368 229 2,090 511
Total noninterest income 4,505 5,916 10,264 10,508
Noninterest expenses:        
Salaries and employee benefits 8,012 7,647 15,604 15,825
Net occupancy expense 4,110 3,910 8,369 7,963
Equipment expense 1,823 1,582 3,575 3,300
Professional services 1,438 1,565 2,724 2,985
Outsourced services 1,425 1,350 2,750 2,700
Advertising expense 657 714 1,256 1,444
FDIC and other insurance 1,000 1,004 1,904 2,014
Other real estate (income) expense, net (1,688) 1,473 (833) 2,222
Other 2,660 2,624 4,889 4,973
Total noninterest expenses 19,437 21,869 40,238 43,426
Income before taxes 19,048 15,587 37,162 30,227
Income taxes 7,240 5,824 14,343 11,296
Net income 11,808 9,763 22,819 18,931
Net income per Common Share:        
Basic (in dollars per share) $ 0.125 $ 0.104 $ 0.241 $ 0.201
Diluted (in dollars per share) $ 0.125 $ 0.104 $ 0.241 $ 0.201
U. S. government sponsored enterprises [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 381 627 887 1,443
State and political subdivisions [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 44 148 112 339
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 3,299 2,701 6,377 5,470
Interest on held to maturity securities:        
Total interest on held to maturity securities 577 716 1,202 1,505
Corporate bonds [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 2 233 61 451
Interest on held to maturity securities:        
Total interest on held to maturity securities 154 214 308 526
Small Business Administration-guaranteed participation securities [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 539 564 1,095 1,060
Mortgage-backed securities and collateralized mortgage obligations-Commercial [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale 38 38 76 67
Other securities [Member]
       
Interest and dividends on securities available for sale:        
Total interest and dividends on securities available for sale $ 4 $ 3 $ 8 $ 8