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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
INTEREST AND DIVIDEND INCOME        
Interest and fees on loans $ 10,642 $ 11,070 $ 32,160 $ 32,864
Investment income:        
Interest and dividends on investment securities 1,885 2,301 6,145 7,649
Interest on interest earning deposits with banks and other short-term investments 37 13 110 38
Total interest and dividend income 12,564 13,384 38,415 40,551
INTEREST EXPENSE        
Savings, interest bearing checking and money market accounts 370 416 1,283 758
Time deposits $100 thousand and greater 155 193 503 605
Other time deposits 278 339 855 1,059
Securities sold under agreement to repurchase and other short-term debt 62 83 241 817
Long-term debt 201 201 598 602
Total interest expense 1,066 1,232 3,480 3,841
Net interest income 11,498 12,152 34,935 36,710
Provision for credit losses 0 400 150 800
Net interest income after provision for credit losses 11,498 11,752 34,785 35,910
NONINTEREST INCOME        
Trust division income 856 759 2,537 2,278
Net debit card income 678 720 2,014 2,114
Overdraft income 639 704 1,919 2,078
Service charges on deposits 331 291 977 894
Net gains (losses) on investment securities (37) 1 106 (12)
Loss on sale of other assets 0 0 (35) 0
Other 409 311 1,217 846
Total noninterest income 2,876 2,786 8,735 8,198
NONINTEREST EXPENSE        
Compensation and benefits 5,145 4,754 14,906 14,059
Occupancy expense 1,064 1,021 3,296 3,085
Equipment expense 978 889 2,916 2,768
Legal and professional fees 681 695 2,012 2,001
Marketing 521 393 1,163 1,158
State franchise taxes 340 363 1,096 1,082
FDIC insurance 218 215 651 655
Conversion costs 442 0 830 0
Other 1,336 1,299 4,104 4,147
Total noninterest expense 10,725 9,629 30,974 28,955
Income before provision for income taxes 3,649 4,909 12,546 15,153
Provision for income taxes 843 1,235 2,923 3,845
NET INCOME $ 2,806 $ 3,674 $ 9,623 $ 11,308
Basic earnings per common share $ 0.44 $ 0.58 $ 1.52 $ 1.80
Diluted earnings per common share $ 0.44 $ 0.58 $ 1.52 $ 1.79