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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
INTEREST AND DIVIDEND INCOME    
Interest and Fees on Loans $ 22,403 $ 18,858
Interest on Deposits at Banks 195 134
Interest and Dividends on Investment Securities:    
Fully Taxable 2,369 1,893
Exempt from Federal Taxes 1,246 1,533
Total Interest and Dividend Income 26,213 22,418
INTEREST EXPENSE    
Interest-Bearing Checking Accounts 482 387
Savings Deposits 1,601 522
Time Deposits over $250,000 396 204
Other Time Deposits 713 259
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase 22 16
Federal Home Loan Bank Advances 1,594 414
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts 269 214
Interest on Financing Leases 15 0
Total Interest Expense 5,092 2,016
NET INTEREST INCOME 21,121 20,402
Provision for Loan Losses 472 746
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 20,649 19,656
NONINTEREST INCOME    
Insurance Commissions 1,719 1,903
Net Gain on Securities Transactions 76 18
Net Gain on Sales of Loans 104 38
Other Operating Income 479 353
Total Noninterest Income 6,887 6,889
NONINTEREST EXPENSE    
Salaries and Employee Benefits 9,319 9,369
Occupancy Expenses, Net 1,420 1,340
Technology and Equipment Expense 3,141 2,698
FDIC Assessments 212 217
Other Operating Expense 2,560 2,332
Total Noninterest Expense 16,652 15,956
INCOME BEFORE PROVISION FOR INCOME TAXES 10,884 10,589
Provision for Income Taxes 2,150 2,058
NET INCOME $ 8,734 $ 8,531
Average Shares Outstanding:    
Basic (in shares) 14,469 [1] 14,354 [2]
Diluted (in shares) [2] 14,520 14,436
Per Common Share:    
Basic Earnings (in dollars per share) $ 0.60 [1] $ 0.59 [2]
Diluted Earnings (in dollars per share) $ 0.60 [1] $ 0.59 [2]
Fiduciary and Trust    
NONINTEREST INCOME    
Revenue from Contract with Customer $ 2,107 $ 2,197
Deposit Account    
NONINTEREST INCOME    
Revenue from Contract with Customer $ 2,402 $ 2,380
[1] Cash dividends paid per share have been adjusted for the September 27, 2018 3% stock dividend.
[2] 2018 Share and Per Share Amounts have been restated for the September 27, 2018 3% stock dividend.