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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
INTEREST INCOME:    
Loans, including related fees $ 31,857 $ 35,034
Securities:    
Taxable 3,079 4,029
Tax-exempt 2,074 1,938
Other 346 402
TOTAL INTEREST INCOME 37,356 41,403
INTEREST EXPENSE:    
Interest Expense, Deposits 2,286 4,530
Short-term borrowings 98 267
Other borrowings 59 256
TOTAL INTEREST EXPENSE 2,443 5,053
NET INTEREST INCOME 34,913 36,350
Provision for loan losses 452 2,690
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 34,461 33,660
NON-INTEREST INCOME:    
Trust and financial services 1,305 1,534
Service charges and fees on deposit accounts 2,243 2,998
Other service charges and fees 4,242 3,330
Net securities gains (losses) (152) 194
Gain on sales of mortgage loans 1,393 698
Other 263 341
TOTAL NON-INTEREST INCOME 9,294 9,095
NON-INTEREST EXPENSE:    
Salaries and employee benefits 15,677 15,972
Occupancy expense 2,149 1,929
Equipment expense 2,578 2,461
FDIC Expense 298 (230)
Other 6,937 7,422
TOTAL NON-INTEREST EXPENSE 27,639 27,554
INCOME BEFORE INCOME TAXES 16,116 15,201
Income tax expense 3,239 3,020
Unrealized gain (loss) on securities, net of tax 12,877 12,181
OTHER COMPREHENSIVE INCOME (LOSS)    
Change in unrealized gains/losses on securities, net of reclassifications (11,068) 13,098
Change in funded status of post retirement benefits 472 404
COMPREHENSIVE INCOME (LOSS) $ 2,281 $ 25,683
PER SHARE DATA    
Basic and Diluted Earnings per Share (in dollars per share) $ 0.95 $ 0.89
Weighted average number of shares outstanding (in thousands) 13,533 13,740