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Consolidated Income Statement (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
INTEREST AND DIVIDEND INCOME      
Interest and Fees on Loans $ 54,511 $ 58,599 $ 64,283
Interest on Deposits at Banks 108 99 157
Interest and Dividends on Investment Securities:      
Fully Taxable 9,269 12,402 14,701
Exempt from Federal Taxes 5,491 5,691 5,831
Total Interest and Dividend Income 69,379 76,791 84,972
INTEREST EXPENSE      
NOW Accounts 3,564 5,052 5,582
Savings Deposits 1,287 1,898 2,136
Time Deposits of $100,000 or More 2,007 2,633 2,903
Other Time Deposits 3,730 5,143 5,900
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase 22 74 124
Federal Home Loan Bank Advances 729 3,295 6,458
Junior Subordinated Obligations Issued to Unconsolidated Subsidary Trusts 618 584 592
Total Interest Expense 11,957 18,679 23,695
NET INTEREST INCOME 57,422 58,112 61,277
Provision for Loan Losses 845 845 1,302
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 56,577 57,267 59,975
NONINTEREST INCOME      
Income from Fiduciary Activities 6,290 6,113 5,391
Fees for Other Services to Customers 8,245 8,034 7,864
Insurance Commissions 8,247 7,374 2,987
Net Gains on Securities Transactions 865 2,795 1,507
Net Gains on Sale of Loans 2,282 866 1,024
Other Operating Income 1,170 746 316
Total Noninterest Income 27,099 25,928 19,089
NONINTEREST EXPENSE      
Salaries and Employee Benefits 31,703 30,205 27,552
Occupancy Expense, Net 7,467 7,369 6,849
FDIC Assessments 1,026 1,292 1,982
Prepayment Penalty on FHLB Advances 0 1,638 0
Other Operating Expense 11,640 11,044 11,035
Total Noninterest Expense 51,836 51,548 47,418
INCOME BEFORE PROVISION FOR INCOME TAXES 31,840 31,647 31,646
Provision for Income Taxes 9,661 9,714 9,754
Net Income $ 22,179 $ 21,933 $ 21,892
Average Shares Outstanding:      
Basic Shares, in Shares 12,007 11,970 [1] 11,836 [1]
Diluted Shares, in Shares 12,017 11,982 [1] 11,872 [1]
Per Common Share      
Basic Earnings, in Earnings Per Share $ 1.85 $ 1.83 [1] $ 1.85 [1]
Diluted Earnings, In Earnings Per Share $ 1.85 $ 1.83 [1] $ 1.84 [1]
[1] Share and Per Share Amounts have been restated for the September 2012 2% stock dividend.