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Condensed Consolidated Statements of Income (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Interest income:    
Interest and fees on loans $ 10,960 $ 11,463
Interest on investment securities 2,952 2,444
Interest on certificates of deposit investments 18 21
Interest on federal funds sold 12 24
Interest on deposits with other financial institutions 6 77
Total interest income 13,948 14,029
Interest expense:    
Interest on deposits 1,427 1,819
Interest on securities sold under agreements to repurchase 45 33
Interest on FHLB borrowings 113 211
Interest on other borrowings 164 0
Interest on subordinated debentures 146 261
Total interest expense 1,895 2,324
Net interest income 12,053 11,705
Provision for loan losses 615 940
Net interest income after provision for loan losses 11,438 10,765
Other income:    
Trust revenues 860 781
Brokerage commissions 142 155
Insurance commissions 647 608
Service charges 1,101 1,096
Securities gains, net 384 181
Total other-than-temporary impairment losses 0 (185)
Portion of loss recognized in other comprehensive loss 0 0
Other-than-temporary impairment losses recognized in earnings 0 (185)
Mortgage banking revenue, net 236 116
ATM / debit card revenue 879 832
Other income 331 421
Total other income 4,580 4,005
Other expense:    
Salaries and employee benefits 5,673 5,434
Net occupancy and equipment expense 2,010 1,967
Net other real estate owned expense 63 120
FDIC insurance 234 434
Amortization of intangible assets 245 286
Stationery and supplies 170 138
Legal and professional 611 567
Marketing and donations 229 201
Other expense 1,382 1,145
Total other expense 10,617 10,292
Income before income taxes 5,401 4,478
Income taxes 2,011 1,633
Net income 3,390 2,845
Dividends on preferred shares 939 707
Net income available to common stockholders $ 2,451 $ 2,138
Per share data:    
Basic net income per common share available to common stockholders $ 0.41 $ 0.35
Diluted net income per common share available to common stockholders $ 0.41 $ 0.35