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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
INTEREST AND DIVIDEND INCOME        
Interest and fees on loans $ 11,044 $ 11,253 $ 21,794 $ 22,582
Investment income:        
Interest and dividends on investment securities 2,563 2,983 5,348 6,063
Interest on interest earning deposits with banks and other short-term investments 13 10 25 20
Total interest and dividend income 13,620 14,246 27,167 28,665
INTEREST EXPENSE        
Savings, interest bearing checking and money market accounts 175 201 342 427
Time deposits $100 thousand and greater 177 301 412 581
Other time deposits 376 426 720 880
Securities sold under agreement to repurchase and other short-term debt 377 537 734 1,113
Long-term debt 205 442 401 889
Total interest expense 1,310 1,907 2,609 3,890
Net interest income 12,310 12,339 24,558 24,775
Provision for credit losses 150 200 400 450
Net interest income after provision for credit losses 12,160 12,139 24,158 24,325
NONINTEREST INCOME        
Net (losses) gains on investment securities (13) 372 (13) 448
Trust division income 761 673 1,519 1,330
Service charges on deposits 992 991 1,977 1,968
Net debit card income 739 779 1,394 1,416
Gain on sale of other assets 0 334 0 334
Other 286 325 535 668
Total noninterest income 2,765 3,474 5,412 6,164
NONINTEREST EXPENSE        
Compensation and benefits 4,510 4,759 9,305 9,947
Occupancy expense 1,000 923 2,064 1,897
Equipment expense 933 889 1,879 1,793
Legal and professional fees 619 666 1,306 1,277
Marketing 485 493 765 904
Equity in losses of real estate limited partnerships 270 409 540 819
State franchise taxes 362 316 719 644
FDIC Insurance 220 212 440 427
Prepayment penalty on long-term debt 0 686 0 686
Other Real Estate Owned ("OREO") expenses 54 31 67 64
Other 1,394 1,572 2,781 2,930
Total noninterest expense 9,847 10,956 19,866 21,388
Income before provision for income taxes 5,078 4,657 9,704 9,101
Provision for income taxes 1,053 921 2,070 1,752
NET INCOME $ 4,025 $ 3,736 $ 7,634 $ 7,349
Basic earnings per common share $ 0.64 $ 0.60 $ 1.21 $ 1.18
Diluted earnings per common share $ 0.64 $ 0.60 $ 1.21 $ 1.17