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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Interest and fees on loans $ 32,871 $ 29,464 $ 29,918
Interest on taxable securities 3,284 4,214 4,209
Interest on tax-exempt securities 2,392 2,536 2,610
Interest on interest-bearing deposits in other banks 206 479 524
Total interest income 38,753 36,693 37,261
Interest expense:      
Interest on demand deposits 460 471 485
Interest on savings deposits 213 228 254
Interest on certificates of deposit 2,356 2,608 2,625
Interest on term debt 1,759 422 (261)
Interest on junior subordinated debentures 195 363 375
Total interest expense 4,983 4,092 3,478
Net interest income 33,770 32,601 33,783
Provision for loan and lease losses   3,175 2,750
Net interest income after provision for loan and lease losses 33,770 29,426 31,033
Noninterest income:      
Service charges on deposit accounts 204 186 191
Fees on payroll and benefit processing 555 508 484
Earnings on cash surrender value – life insurance 641 628 534
Gain (loss) on investment securities, net 443 (159) 995
Other income 1,340 3,152 1,338
Total noninterest income 3,183 4,315 3,542
Noninterest expense:      
Salaries and related benefits 14,303 14,965 12,035
Premises and equipment 2,894 2,784 2,205
Write-down of other real estate owned   290  
Federal Deposit Insurance Corporation insurance premium 717 798 725
Data processing fees 1,016 926 547
Professional service fees 1,628 1,398 1,241
Branch acquisition costs 347    
Other expenses 4,000 5,273 5,036
Total noninterest expense 24,905 26,434 21,789
Income before provision for income taxes 12,048 7,307 12,786
Provision for income taxes 3,462 1,580 4,851
Net income 8,586 5,727 7,935
Less: Preferred stock extinguishment costs 102 200  
Less: Preferred stock dividends 189 200 200
Income available to common shareholders $ 8,295 $ 5,527 $ 7,735
Earnings per share - basic (in Dollars per share) $ 0.62 $ 0.41 $ 0.52
Weighted average shares - basic (in Shares) 13,331 13,475 14,940
Earnings per share - diluted (in Dollars per share) $ 0.62 $ 0.41 $ 0.52
Weighted average shares - diluted (in Shares) 13,365 13,520 14,964