Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes is summarized below:



Current Tax Expense:	2014			2013		2012
Federal	$	9,270		$	7,933	$	8,763
State	1,203			852		1,251
Total Current Tax Expense	10,473			8,785		10,014
Deferred Tax Expense (Benefit):
Federal	(315		)	172		(290		)
State	16			122		(63		)
Total Deferred Tax Expense (Benefit)	(299		)	294		(353		)
Total Provision for Income Taxes	$	10,174		$	9,079	$	9,661

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The provisions for income taxes differed from the amounts computed by applying the U.S. Federal Income Tax Rate of 35% for 2014, 2013 and 2012 to pre-tax income as a result of the following:



	2014			2013			2012
Computed Tax Expense at Statutory Rate	$	11,737		$	10,806		$	11,144
Increase (Decrease) in Income Taxes Resulting From:
Tax-Exempt Income	(2,215		)	(2,238		)	(2,132		)
Nondeductible Interest Expense	51			80			95
State Taxes, Net of Federal Income Tax Benefit	791			633			814
Other Items, Net	(190		)	(202		)	(260		)
Total Provision for Income Taxes	$	10,174		$	9,079		$	9,661

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2014 and 2013 are presented below:



	2014		2013
Deferred Tax Assets:
Allowance for Loan Losses	$	6,113	$	5,794
Pension and Deferred Compensation Plans	3,885		3,999
Pension Liability Included in Accumulated Other Comprehensive Income	6,263		4,426
Other	614		566
Total Gross Deferred Tax Assets	16,875		14,785
Valuation Allowance for Deferred Tax Assets	—		—
Total Gross Deferred Tax Assets, Net of Valuation Allowance	$	16,875	$	14,785
Deferred Tax Liabilities:
Pension Plans	$	7,604	$	7,724
Depreciation	1,222		1,561
Deferred Income	3,927		3,526
Net Unrealized Gains on Securities Available-for-Sale Included in Accumulated Other Comprehensive Income	1,638		1,557
Goodwill	5,242		5,230
Total Gross Deferred Tax Liabilities	$	19,633	$	19,598