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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest and dividend income:        
Loans $ 29,353 $ 28,471 $ 88,382 $ 83,641
Taxable 3,758 3,065 11,726 8,275
Nontaxable 2,773 3,323 8,819 10,193
Total interest and dividend income 35,884 34,859 108,927 102,109
Interest expense:        
Savings, NOW and money market deposits 5,015 3,125 13,856 8,823
Time deposits 4,030 2,952 11,361 7,529
Short-term borrowings 62 1,370 2,569 3,026
Long-term debt 1,883 2,121 5,558 6,399
Total interest expense 10,990 9,568 33,344 25,777
Net interest income 24,894 25,291 75,583 76,332
Provision (credit) for loan losses 314 (1,768) 279 547
Net interest income after provision (credit) for loan losses 24,580 27,059 75,304 75,785
Noninterest income:        
Investment Management Division income 504 508 1,502 1,665
Service charges on deposit accounts 836 658 2,321 1,945
Net loss on sales of securities   (4,960)   (4,960)
Other 1,380 1,569 4,058 5,096
Total 2,720 (2,225) 7,881 3,746
Noninterest expense:        
Salaries and employee benefits 8,555 8,633 26,536 27,347
Occupancy and equipment 2,872 2,864 8,712 8,742
Other 2,903 2,745 8,993 8,728
Total noninterest expense 14,330 14,242 44,241 44,817
Income before income taxes 12,970 10,592 38,944 34,714
Income tax expense 2,187 535 6,576 3,231
Net income $ 10,783 $ 10,057 $ 32,368 $ 31,483
Earnings per share:        
Basic $ 0.44 $ 0.39 $ 1.30 $ 1.24
Diluted 0.44 0.39 1.29 1.24
Cash dividends declared per share $ 0.18 $ 0.17 $ 0.52 $ 0.47