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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest and dividend income:    
Loans $ 28,931 $ 29,416
Taxable 3,426 4,045
Nontaxable 2,565 3,092
Total interest and dividend income 34,922 36,553
Interest expense:    
Savings, NOW and money market deposits 4,280 4,000
Time deposits 3,042 3,398
Short-term borrowings 619 1,965
Long-term debt 1,995 1,780
Total interest expense 9,936 11,143
Net interest income 24,986 25,410
Provision (credit) for loan losses 2,358 (457)
Net interest income after provision (credit) for loan losses 22,628 25,867
Noninterest income:    
Investment Management Division income 548 481
Service charges on deposit accounts 987 705
Other 1,483 1,258
Total 3,018 2,444
Noninterest expense:    
Salaries and employee benefits 9,274 9,258
Occupancy and equipment 3,072 2,937
Other 2,512 2,940
Total noninterest expense 14,858 15,135
Income before income taxes 10,788 13,176
Income tax expense 1,640 2,335
Net income $ 9,148 $ 10,841
Weighted average:    
Common shares 23,904,266 25,284,357
Dilutive stock options and restricted stock units 54,633 156,204
Total 23,958,899 25,440,561
Earnings per share:    
Basic $ 0.38 $ 0.43
Diluted 0.38 0.43
Cash dividends declared per share $ 0.18 $ 0.17