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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
INTEREST AND DIVIDEND INCOME    
Interest and fees on loans $ 13,507 $ 12,804
Investment income:    
Interest and dividends on investment securities 1,836 1,997
Interest on interest earning deposits with banks and other short-term investments 82 81
Total interest and dividend income 15,425 14,882
INTEREST EXPENSE    
Savings, interest bearing checking and money market accounts 471 440
Time deposits 265 391
Short-term borrowings 140  
Securities sold under agreement to repurchase, short-term 152 109
Long-term debt 161 210
Total interest expense 1,189 1,150
Net interest income 14,236 13,732
Provision for credit losses 500 205
Net interest income after provision for credit losses 13,736 13,527
NONINTEREST INCOME    
Trust division income 824 867
Net debit card income 760 649
Overdraft income 597 631
Service charges on deposits 423 415
Net gains on investment securities 255  
Other 403 362
Total noninterest income 3,262 2,924
NONINTEREST EXPENSE    
Compensation and benefits 5,823 6,308
Occupancy expense 1,101 1,139
Equipment expense 650 719
Telephone expense 171 198
Legal and professional fees 414 593
Mobile & internet banking 346 366
Core / Item processing 453 517
Marketing 120 192
State franchise taxes 399 398
FDIC insurance 217 254
Community Bank System, Inc. merger costs 1,302  
NUVO Bank & Trust Company acquisition costs   133
Amortization of core deposit intangible 43 51
Other 914 1,051
Total noninterest expense 11,953 11,919
Income before provision for income taxes 5,045 4,532
Provision for income taxes 1,434 1,042
NET INCOME $ 3,611 $ 3,490
Basic earnings per common share (in dollars per share) $ 0.52 $ 0.51
Diluted earnings per common share (in dollars per share) $ 0.52 $ 0.50