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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
INTEREST INCOME:    
Loans, including related fees $ 21,941 $ 21,184
Securities:    
Taxable 3,757 3,831
Tax-exempt 1,827 1,822
Other 321 364
TOTAL INTEREST INCOME 27,846 27,201
INTEREST EXPENSE:    
Deposits 1,275 987
Short-term borrowings 44 23
Other borrowings 20 34
TOTAL INTEREST EXPENSE 1,339 1,044
NET INTEREST INCOME 26,507 26,157
Provision for loan losses 1,596 835
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 24,911 25,322
NON-INTEREST INCOME:    
Trust and financial services 1,317 1,334
Service charges and fees on deposit accounts 2,777 2,504
Other service charges and fees 3,185 3,000
Net securities gains (losses) 2 3
Insurance commissions 22 2,272
Gain on Sale of certain assets and liabilities of Insurance Brokerage Operation 0 13,021
Gain on sales of mortgage loans 327 404
Other 3,419 (172)
TOTAL NON-INTEREST INCOME 11,049 22,366
NON-INTEREST EXPENSE:    
Salaries and employee benefits 13,376 13,595
Occupancy expense 1,768 1,731
Equipment expense 1,797 1,837
FDIC Expense 233 451
Other 5,403 5,733
TOTAL NON-INTEREST EXPENSE 22,577 23,347
INCOME BEFORE INCOME TAXES 13,383 24,341
Income tax expense 4,014 10,666
NET INCOME 9,369 13,675
OTHER COMPREHENSIVE INCOME (LOSS)    
Change in unrealized gains/losses on securities, net of reclassifications 3,188 4,039
Change in funded status of post retirement benefits 183 304
COMPREHENSIVE INCOME (LOSS) $ 12,740 $ 18,018
PER SHARE DATA    
Basic and Diluted Earnings per Share (in dollars per share) $ 0.77 $ 1.08
Weighted average number of shares outstanding (in thousands) 12,217 12,646