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Consolidated Income Statement - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
INTEREST AND DIVIDEND INCOME      
Interest and Fees on Loans $ 56,856 $ 53,194 $ 51,319
Interest on Deposits at Banks 94 80 89
Interest and Dividends on Investment Securities:      
Fully Taxable 8,043 7,954 6,903
Exempt from Federal Taxes 5,745 5,633 5,827
Total Interest and Dividend Income 70,738 66,861 64,138
INTEREST EXPENSE      
NOW Accounts 1,276 1,722 2,461
Savings Deposits 741 839 1,024
Time Deposits of $100,000 or More 356 770 1,198
Other Time Deposits 742 1,354 1,962
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase 20 22 18
Federal Home Loan Bank Advances 1,097 490 680
Junior Subordinated Obligations Issued to Unconsolidated Subsidary Trusts 581 570 579
Total Interest Expense 4,813 5,767 7,922
NET INTEREST INCOME 65,925 61,094 56,216
Provision for Loan Losses 1,347 1,848 200
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 64,578 59,246 56,016
NONINTEREST INCOME      
Income from Fiduciary Activities 7,762 7,468 6,735
Fees for Other Services to Customers 9,220 9,261 9,407
Insurance Commissions 8,967 9,455 8,895
Net Gains on Securities Transactions 129 110 540
Net Gains on Sale of Loans 692 784 1,460
Other Operating Income 1,354 1,238 1,024
Total Noninterest Income 28,124 28,316 28,061
NONINTEREST EXPENSE      
Salaries and Employee Benefits 33,064 30,941 31,182
Occupancy Expense, Net 9,267 8,990 8,285
FDIC Assessments 1,186 1,117 1,080
Other Operating Expense 13,913 12,980 12,656
Total Noninterest Expense 57,430 54,028 53,203
INCOME BEFORE PROVISION FOR INCOME TAXES 35,272 33,534 30,874
Provision for Income Taxes 10,610 10,174 9,079
Net Income $ 24,662 $ 23,360 $ 21,795
Average Shares Outstanding:      
Basic Shares, in Shares 12,894 12,856 [1] 12,793 [1]
Diluted Shares, in Shares 12,942 12,886 [1] 12,825 [1]
Per Common Share      
Basic Earnings, in Earnings Per Share $ 1.91 $ 1.82 [1] $ 1.70 [1]
Diluted Earnings, In Earnings Per Share $ 1.91 $ 1.81 [1] $ 1.70 [1]
[1] Share and Per Share Amounts have been restated for the September 2015 2% stock dividend.