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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest income        
Loans, including fees $ 7,665 $ 7,706 $ 22,518 $ 22,865
Interest and dividends on investments:        
Taxable interest 584 665 1,832 1,967
Tax exempt interest 402 386 1,218 1,120
Dividend income 3 24 63 80
Deposits and obligations of other banks 66 49 192 133
Total interest income 8,720 8,830 25,823 26,165
Interest expense        
Deposits 554 679 1,813 2,076
Securities sold under agreements to repurchase   2   11
Short-term borrowings 1   1  
Long-term debt   118   360
Total interest expense 555 799 1,814 2,447
Net interest income 8,165 8,031 24,009 23,718
Provision for loan losses 400   1,035 464
Net interest income after provision for loan losses 7,765 8,031 22,974 23,254
Noninterest income        
Investment and trust services fees 1,154 1,120 3,805 3,311
Loan service charges 283 265 754 682
Mortgage banking activities 5 15 30 47
Deposit service charges and fees 623 563 1,700 1,553
Other service charges and fees 309 317 916 901
Debit card income 346 339 1,021 982
Increase in cash surrender value of life insurance 137 139 416 426
Other real estate owned (losses) gains, net (250)   (218) (184)
Other 126 30 363 92
OTTI losses recognized in earnings   (20) (20) (20)
Gain on conversion     728  
Securities gains, net     8 221
Total noninterest income 2,733 2,768 9,503 8,011
Noninterest expense        
Salaries and employee benefits 4,214 4,191 12,500 12,548
Net occupancy expense 535 555 1,706 1,817
Furniture and equipment expense 232 241 702 732
Advertising 336 312 807 898
Legal and professional fees 311 361 811 979
Data processing 524 471 1,547 1,355
Pennsylvania bank shares tax 206 173 608 520
Intangible amortization   104 181 311
FDIC insurance 170 236 479 690
ATM/debit card processing 193 188 566 545
Other 892 916 2,855 2,656
Total noninterest expense 7,613 7,748 22,762 23,051
Income before federal income taxes 2,885 3,051 9,715 8,214
Federal income tax expense 306 641 1,778 1,659
Net income $ 2,579 $ 2,410 $ 7,937 $ 6,555
Per share        
Basic earnings per share $ 0.61 $ 0.57 $ 1.87 $ 1.57
Diluted earnings per share 0.61 0.57 1.87 1.56
Cash dividends declared $ 0.19 $ 0.17 $ 0.55 $ 0.51