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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, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
INTEREST INCOME:        
Loans, including related fees $ 23,119 $ 21,753 $ 67,385 $ 64,208
Securities:        
Taxable 3,500 3,506 10,887 11,031
Tax-exempt 1,859 1,826 5,529 5,466
Other 327 365 978 1,096
TOTAL INTEREST INCOME 28,805 27,450 84,779 81,801
INTEREST EXPENSE:        
Deposits 1,561 1,016 4,307 3,033
Short-term borrowings 98 51 215 100
Other borrowings 38 32 82 101
TOTAL INTEREST EXPENSE 1,697 1,099 4,604 3,234
NET INTEREST INCOME 27,108 26,351 80,175 78,567
Provision for loan losses 1,185 1,091 3,821 2,361
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 25,923 25,260 76,354 76,206
NON-INTEREST INCOME:        
Trust and financial services 1,194 1,270 3,660 3,896
Service charges and fees on deposit accounts 3,048 2,765 8,829 7,870
Other service charges and fees 3,070 3,062 9,369 9,211
Net securities gains (losses) 27 13 44 26
Insurance commissions 33 35 91 2,340
Gain on Sale of certain assets and liabilities of Insurance Brokerage Operation   (199) 0 12,822
Gain on sales of mortgage loans 535 522 1,255 1,407
Other 633 455 4,454 931
TOTAL NON-INTEREST INCOME 8,540 7,923 27,702 38,503
NON-INTEREST EXPENSE:        
Salaries and employee benefits 12,790 12,883 38,685 39,620
Occupancy expense 1,769 1,785 5,298 5,238
Equipment expense 1,792 1,878 5,424 5,523
FDIC Expense 228 356 689 1,210
Other 5,705 5,104 16,853 16,522
TOTAL NON-INTEREST EXPENSE 22,284 22,006 66,949 68,113
INCOME BEFORE INCOME TAXES 12,179 11,177 37,107 46,596
Income tax expense 3,385 3,015 10,592 16,527
NET INCOME 8,794 8,162 26,515 30,069
OTHER COMPREHENSIVE INCOME (LOSS)        
Change in unrealized gains/losses on securities, net of reclassifications (51) 777 8,182 6,077
Change in funded status of post retirement benefits 184 304 551 912
COMPREHENSIVE INCOME (LOSS) $ 8,927 $ 9,243 $ 35,248 $ 37,058
PER SHARE DATA        
Basic and Diluted Earnings per Share (in dollars per share) $ 0.72 $ 0.67 $ 2.17 $ 2.43
Weighted average number of shares outstanding (in thousands) 12,224 12,186 12,221 12,356