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Unaudited Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest Income        
Interest and fees on loans $ 12,441 $ 13,313 $ 37,759 $ 40,335
Interest on investment securities:        
Taxable 2,857 2,578 8,917 7,599
Nontaxable 644 629 1,905 1,885
Interest on deposits in other banks 32 42 96 114
Interest on federal funds sold and securities purchased under agreements to resell 2 1 4 3
Total interest income 15,976 16,563 48,681 49,936
Interest Expense        
Interest on deposits 1,030 1,423 3,337 4,610
Interest on federal funds purchased and other short-term borrowings 12 21 42 60
Interest on securities sold under agreements to repurchase and other long-term borrowings 1,259 1,292 3,802 3,837
Interest on subordinated notes payable to unconsolidated trusts 212 217 631 650
Total interest expense 2,513 2,953 7,812 9,157
Net interest income 13,463 13,610 40,869 40,779
Provision for loan losses (1,536) (586) (2,792) (1,580)
Net interest income after provision for loan losses 14,999 14,196 43,661 42,359
Noninterest Income        
Service charges and fees on deposits 1,993 2,116 5,900 6,094
Allotment processing fees 1,276 1,217 3,795 3,724
Other service charges, commissions, and fees 1,316 1,282 3,950 3,738
Trust income 812 497 1,880 1,451
Investment securities gains (losses), net 8 2 (67) (58)
Gains on sale of mortgage loans, net 123 236 343 867
Income from company-owned life insurance 511 244 990 716
Other 103 84 715 (2)
Total noninterest income 6,142 5,678 17,506 16,530
Noninterest Expense        
Salaries and employee benefits 7,530 7,229 22,223 21,784
Occupancy expenses, net 1,229 1,247 3,720 3,578
Equipment expenses 637 619 1,824 1,760
Data processing and communication expenses 979 929 2,953 2,972
Bank franchise tax 585 603 1,807 1,803
Amortization of intangibles 101 135 303 405
Deposit insurance expense 426 559 1,327 1,698
Other real estate expenses, net 1,974 2,404 3,976 4,781
Legal expenses 293 209 715 575
Other 1,997 2,050 5,656 5,859
Total noninterest expense 15,751 15,984 44,504 45,215
Income before income taxes 5,390 3,890 16,663 13,674
Income tax expense 1,283 855 4,362 3,300
Net income 4,107 3,035 12,301 10,374
Less preferred stock dividends and discount accretion 450 489 1,550 1,461
Net income available to common shareholders $ 3,657 $ 2,546 $ 10,751 $ 8,913
Per Common Share        
Net income - basic and diluted (in Dollars per share) $ 0.49 $ 0.34 $ 1.44 $ 1.19
Cash dividends declared (in Dollars per share) $ 0 $ 0 $ 0 $ 0
Weighted Average Common Shares Outstanding        
Basic and diluted (in Shares) 7,485 7,475 7,482 7,473