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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
INTEREST INCOME:        
Loans, including related fees $ 21,478 $ 21,939 $ 63,048 $ 65,782
Securities:        
Taxable 3,918 4,196 11,970 12,938
Tax-exempt 1,806 1,782 5,375 5,294
Other 401 459 1,265 1,301
TOTAL INTEREST INCOME 27,603 28,376 81,658 85,315
INTEREST EXPENSE:        
Deposits 963 1,088 2,980 3,611
Short-term borrowings 22 49 54 85
Other borrowings 42 94 129 726
TOTAL INTEREST EXPENSE 1,027 1,231 3,163 4,422
NET INTEREST INCOME 26,576 27,145 78,495 80,893
Provision for loan losses 1,050 1,506 3,650 3,110
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 25,526 25,639 74,845 77,783
NON-INTEREST INCOME:        
Trust and financial services 1,382 1,386 4,127 4,289
Service charges and fees on deposit accounts 2,688 2,813 7,557 8,058
Other service charges and fees 3,080 3,112 8,918 8,940
Net securities gains (losses) 9 0 23 (1)
Insurance commissions 1,693 2,091 5,202 5,620
Gain on sales of mortgage loans 611 519 1,512 1,352
Other 488 573 2,451 1,676
TOTAL NON-INTEREST INCOME 9,951 10,494 29,790 29,934
NON-INTEREST EXPENSE:        
Salaries and employee benefits 14,963 14,081 45,105 42,064
Occupancy expense 1,756 1,776 5,322 5,490
Equipment expense 1,736 1,905 5,210 5,467
FDIC Expense 468 537 1,348 1,496
Other 5,229 6,406 16,470 17,706
TOTAL NON-INTEREST EXPENSE 24,152 24,705 73,455 72,223
INCOME BEFORE INCOME TAXES 11,325 11,428 31,180 35,494
Income tax expense 2,927 3,156 8,098 10,903
NET INCOME 8,398 8,272 23,082 24,591
OTHER COMPREHENSIVE INCOME (LOSS)        
Change in unrealized gains/losses on securities, net of reclassifications 4,471 1,879 1,669 11,298
Change in funded status of post retirement benefits 819 116 4,102 346
COMPREHENSIVE INCOME (LOSS) $ 13,688 $ 10,267 $ 28,853 $ 36,235
PER SHARE DATA        
Basic and Diluted Earnings per Share (in dollars per share) $ 0.65 $ 0.62 $ 1.79 $ 1.85
Weighted average number of shares outstanding (in thousands) 12,773 13,269 12,874 13,325