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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
INTEREST AND DIVIDEND INCOME:      
Loans, including related fees $ 100,541 $ 91,100 $ 86,128
Securities:      
Taxable 16,942 14,325 14,506
Tax-exempt 7,455 7,391 7,269
Other 1,286 1,379 1,477
TOTAL INTEREST AND DIVIDEND INCOME 126,224 114,195 109,380
INTEREST EXPENSE:      
Deposits 9,032 6,011 4,159
Short-term borrowings 501 245 134
Other borrowings 112 82 114
TOTAL INTEREST EXPENSE 9,645 6,338 4,407
NET INTEREST INCOME 116,579 107,857 104,973
Provision for loan losses 5,768 5,295 3,300
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 110,811 102,562 101,673
Trust And Financial Services Revenue 5,286 5,001 5,208
Service Charges And Fees On Deposit Accounts 11,733 11,895 10,530
Service Charges And Fees, Other 13,012 12,499 12,307
NON-INTEREST INCOME:      
Securities gain (loss), net 2 59 34
Insurance commissions 144 74 2,346
Gain on Sale of certain assets and liabilities of Insurance Brokerage Operation 0 0 12,822
Gain on sale of mortgage loans 1,829 1,688 1,842
Other 6,200 4,722 1,842
TOTAL NON-INTEREST INCOME 38,206 35,938 46,931
Labor and Related Expense 50,658 50,116 50,091
NON-INTEREST EXPENSES:      
Occupancy expense 7,030 6,897 6,865
Equipment expense 6,827 7,186 7,300
Federal Deposit Insurance 929 915 1,300
Other 25,845 23,633 24,752
TOTAL NON-INTEREST EXPENSE 91,289 88,747 90,308
INCOME BEFORE INCOME TAXES 57,728 49,753 58,296
Provision for income taxes 11,145 20,622 19,883
NET INCOME 46,583 29,131 38,413
OTHER COMPREHENSIVE INCOME      
Change in unrealized gains/losses on securities, net of reclassifications and taxes (8,861) 3,335 (10,130)
Change in funded status of post-retirement benefits, net of taxes 2,477 (3,875) 5,367
COMPREHENSIVE INCOME $ 40,199 $ 28,591 $ 33,650
EARNINGS PER SHARE:      
BASIC AND DILUTED (in dollars per share) $ 3.80 $ 2.38 $ 3.12
Weighted average number of shares outstanding (in shares) 12,256 12,225 12,317