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Consolidated Statement of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
INTEREST AND DIVIDEND INCOME:      
Interest and fees on loans $ 29,916 $ 31,042 $ 30,305
Interest-bearing deposits with banks 81 90 43
Investment securities:      
Taxable 4,575 4,876 6,044
Nontaxable 3,666 2,945 2,195
Dividends 55 47 28
TOTAL INTEREST AND DIVIDEND INCOME 38,293 39,000 38,615
INTEREST EXPENSE:      
Deposits 7,944 9,560 11,222
Borrowed funds 1,739 1,780 2,009
TOTAL INTEREST EXPENSE 9,683 11,340 13,231
NET INTEREST INCOME 28,610 27,660 25,384
Provision for loan losses 675 1,255 925
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 27,935 26,405 24,459
NON-INTEREST INCOME:      
Service charges 4,380 3,997 3,867
Trust 665 542 521
Brokerage and insurance 352 439 284
Investment securities gains, net 334 99 139
Gains on loans sold 208 341 430
Earnings on bank owned life insurance 498 504 492
Other 592 446 369
TOTAL NON-INTEREST INCOME 7,029 6,368 6,102
NON-INTEREST EXPENSES:      
Salaries and employee benefits 9,996 9,850 9,472
Occupancy 1,331 1,219 1,179
Furniture and equipment 449 454 437
Professional fees 744 681 660
Federal depository insurance 592 950 1,200
Pennsylvania shares tax 541 540 470
Other 4,869 4,421 4,596
TOTAL NON-INTEREST EXPENSES 18,522 18,115 18,014
Income before provision for income taxes 16,442 14,658 12,547
Provision for income taxes 3,610 3,156 2,683
NET INCOME $ 12,832 $ 11,502 $ 9,864
NET INCOME - EARNINGS PER SHARE (in dollars per share) $ 4.40 $ 3.93 $ 3.37
CASH DIVIDENDS PER SHARE (in dollars per share) $ 1.16 $ 1.08 $ 1.01