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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 $ 47,971 $ 46,860 $ 39,257
Interest on federal funds sold 0 6 0
Interest and dividends on securities:      
Taxable 4,454 4,072 3,775
Tax-exempt 3,135 3,681 3,971
Dividends 334 346 296
Other interest income 276 204 156
Total interest and dividend income 56,170 55,169 47,455
Interest Expense:      
Interest on deposits 5,103 4,811 4,654
Interest on short-term borrowings 10 9 9
Interest on long-term borrowings 325 324 325
Interest on junior subordinated debt 878 760 742
Total interest expense 6,316 5,904 5,730
Net Interest Income 49,854 49,265 41,725
Provision for Loan Losses 250 950 400
Net Interest Income after Provision for Loan Losses 49,604 48,315 41,325
Noninterest Income:      
Trust fees 3,791 3,935 4,196
Service charges on deposit accounts 2,048 2,066 1,735
Other fees and commissions 2,680 2,377 1,903
Mortgage banking income 1,713 1,320 1,126
Securities gains, net 836 867 505
Brokerage fees 843 946 643
Income from Small Business Investment Companies 463 912 176
Other 1,131 864 892
Total noninterest income 13,505 13,287 11,176
Noninterest Expense:      
Salaries 17,568 16,554 14,688
Employee benefits 4,264 4,311 2,988
Occupancy and equipment 4,246 4,425 3,727
FDIC assessment 647 750 647
Bank franchise tax 995 898 901
Core deposit intangible amortization 964 1,201 1,114
Data processing 1,828 1,725 1,448
Software 1,143 1,158 1,019
Other real estate owned, net 336 99 240
Merger related expenses 0 1,998 780
Other 7,810 7,424 7,006
Total noninterest expense 39,801 40,543 34,558
Income Before Income Taxes 23,308 21,059 17,943
Income Taxes 7,007 6,020 5,202
Net Income $ 16,301 $ 15,039 $ 12,741
Net Income Per Common Share:      
Basic (in dollars per share) $ 1.89 $ 1.73 $ 1.62
Diluted (in dollars per share) $ 1.89 $ 1.73 $ 1.62
Average Common Shares Outstanding:      
Basic (in shares) 8,611,507 8,680,502 7,867,198
Diluted (in shares) 8,621,241 8,688,450 7,877,576