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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 AND DIVIDEND INCOME        
Interest and fees on loans $ 11,055 $ 10,642 $ 32,478 $ 32,160
Investment income:        
Interest and dividends on investment securities 1,961 1,885 5,784 6,145
Interest on interest earning deposits with banks and other short-term investments 25 37 157 110
Total interest and dividend income 13,041 12,564 38,419 38,415
INTEREST EXPENSE        
Savings, interest bearing checking and money market accounts 354 370 1,075 1,283
Time deposits 318 433 975 1,358
Securities sold under agreement to repurchase and other short-term debt 97 62 403 241
Long-term debt 199 201 595 598
Total interest expense 968 1,066 3,048 3,480
Net interest income 12,073 11,498 35,371 34,935
Provision for credit losses 150   250 150
Net interest income after provision for credit losses 11,923 11,498 35,121 34,785
NONINTEREST INCOME        
Trust division income 886 856 2,666 2,537
Net debit card income 796 678 2,301 2,014
Overdraft income 548 639 1,327 1,919
Service charges on deposits 390 331 1,108 977
Net gains (losses) on investment securities   (37)   106
Loss on sale of other assets       (35)
Other 829 409 1,470 1,217
Total noninterest income 3,449 2,876 8,872 8,735
NONINTEREST EXPENSE        
Compensation and benefits 5,508 5,145 15,746 14,906
Occupancy expense 1,036 1,064 3,228 3,296
Equipment expense 726 754 2,224 2,151
Telephone expense 206 223 609 686
Legal and professional fees 414 490 1,394 1,440
Mobile and Internet Banking 399 363 1,195 1,062
Core / item processing 450 415 1,289 1,338
Marketing 148 423 437 924
State franchise taxes 404 340 1,094 1,096
FDIC insurance 218 218 653 651
Conversion costs   442   830
Merger costs 215   363  
Other 867 848 2,847 2,594
Total noninterest expense 10,591 10,725 31,079 30,974
Income before provision for income taxes 4,781 3,649 12,914 12,546
Provision for income taxes 925 843 2,606 2,923
NET INCOME $ 3,856 $ 2,806 $ 10,308 $ 9,623
Basic earnings per common share $ 0.61 $ 0.44 $ 1.63 $ 1.52
Diluted earnings per common share $ 0.61 $ 0.44 $ 1.62 $ 1.52