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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
INTEREST AND DIVIDEND INCOME    
Interest and Fees on Loans $ 15,024 $ 13,650
Interest on Deposits at Banks 32 21
Interest and Dividends on Investment Securities:    
Fully Taxable 2,087 1,944
Exempt from Federal Taxes 1,483 1,375
Total Interest and Dividend Income 18,626 16,990
INTEREST EXPENSE    
NOW Accounts 310 330
Savings Deposits 222 167
Time Deposits of $100,000 or More 87 90
Other Time Deposits 169 202
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase 5 5
Federal Home Loan Bank Advances 309 150
Junior Subordinated Obligations Issued to Unconsolidated Subsidary Trusts 161 142
Total Interest Expense 1,263 1,086
NET INTEREST INCOME 17,363 15,904
Provision for Loan Losses 401 275
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 16,962 15,629
NONINTEREST INCOME    
Income from Fiduciary Activities 1,931 1,933
Fees for Other Services to Customers 2,237 2,239
Insurance Commissions 2,208 2,139
Net Gain on Securities Transactions 0 90
Net Gains on Sale of Loans 180 132
Other Operating Income 319 323
Total Noninterest Income 6,875 6,856
NONINTEREST EXPENSE    
Salaries and Employee Benefits 8,122 7,692
Occupancy Expense, Net 2,463 2,487
FDIC Assessments 313 280
Other Operating Expense 3,472 3,496
Total Noninterest Expense 14,370 13,955
INCOME BEFORE PROVISION FOR INCOME TAXES 9,467 8,530
Provision for Income Taxes 2,918 2,675
Net Income $ 6,549 $ 5,855
Average Shares Outstanding:    
Basic, in shares 12,954 [1] 12,886 [2]
Diluted, in shares [2] 12,989 [1] 12,924 [3]
Per Common Share:    
Basic Earnings, in dollars per share $ 0.51 [1] $ 0.45 [2]
Diluted Earnings, in dollars per share $ 0.50 [1] $ 0.45 [2]
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[2] Share and Per Share Amounts have been restated for the September 2015 2% stock dividend.
[3] All share and per share amounts have been adjusted for the September 2015 2% stock dividend