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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
INTEREST AND DIVIDEND INCOME      
Interest and fees on loans $ 51,929 $ 44,087 $ 42,815
Investment income:      
Interest and dividends on investment securities 7,555 7,779 7,965
Interest on interest earning deposits with banks and other short-term investments 256 250 192
Total interest and dividend income 59,740 52,116 50,972
INTEREST EXPENSE      
Savings, interest bearing checking and money market accounts 1,719 1,433 1,647
Time deposits 1,347 1,312 1,725
Short-term borrowings 126 13 1
Securities sold under agreement to repurchase, short-term 454 497 353
Long-term debt 854 797 799
Total interest expense 4,500 4,052 4,525
Net interest income 55,240 48,064 46,447
Provision for credit losses 1,105 250 150
Net interest income after provision for credit losses 54,135 47,814 46,297
NONINTEREST INCOME      
Trust division income 3,709 3,525 3,393
Net debit card income 3,028 3,080 2,660
Overdraft income 2,613 2,004 2,473
Service charges on deposits 1,699 1,504 1,369
Net gains on investment securities     107
Other 1,639 1,847 1,572
Total noninterest income 12,688 11,960 11,574
NONINTEREST EXPENSE      
Compensation and benefits 22,976 21,879 20,440
Occupancy expense 4,342 4,251 4,292
Equipment expense 2,734 2,971 2,882
Telephone expense 736 789 895
Legal and professional fees 2,607 1,991 1,924
Mobile & internet banking 1,380 1,597 1,452
Core / Item processing 1,897 1,765 1,876
Marketing 801 561 1,177
State franchise taxes 1,585 1,503 1,435
FDIC insurance 916 886 857
Conversion costs     1,319
Community Bank System, Inc. merger costs 3,019    
NUVO Bank & Trust Company acquisition costs 61 1,875  
Amortization of core deposit intangible 204 17  
Other 3,993 3,886 3,665
Total noninterest expense 47,251 43,971 42,214
Income before provision for income taxes 19,572 15,803 15,657
Provision for income taxes 4,689 3,185 3,532
NET INCOME $ 14,883 $ 12,618 $ 12,125
Basic earnings per common share (in dollars per share) $ 2.17 $ 1.98 $ 1.92
Diluted earnings per common share (in dollars per share) $ 2.16 $ 1.98 $ 1.91