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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income        
Loans, including fees $ 14,540 $ 12,868 $ 42,572 $ 37,735
Investment securities:        
Taxable 579 738 1,883 2,280
Tax-exempt 383 412 1,228 1,256
Dividends 61 64 183 270
Other 97 35 131 68
Total interest income 15,660 14,117 45,997 41,609
Interest expense        
Deposits 1,757 1,564 4,875 4,755
Federal funds purchased and other short-term borrowings 34 47 116 126
Long-term debt 454 484 1,427 1,199
Total interest expense 2,245 2,095 6,418 6,080
Net interest income 13,415 12,022 39,579 35,529
Provision for loan losses 800 500 2,400 2,300
Net interest income after provision for loan losses 12,615 11,522 37,179 33,229
Noninterest income        
Trust and investment services fees 654 604 1,892 1,809
Income from mutual fund, annuity and insurance sales 240 265 735 580
Service charges on deposit accounts 957 882 2,695 2,514
Income from bank owned life insurance 233 179 631 523
Other income 224 110 642 426
Gain on sales of loans held for sale 262 181 612 489
Gain on sales of securities 0 121 194 492
Total noninterest income 2,570 2,342 7,401 6,833
Noninterest expense        
Personnel 5,990 5,367 17,988 15,520
Occupancy of premises, net 780 811 2,501 2,395
Furniture and equipment 728 664 2,160 2,014
Postage, stationery and supplies 147 153 524 505
Professional and legal 185 198 515 618
Marketing 437 242 1,275 931
FDIC insurance 121 177 467 526
Debit card processing 291 235 853 657
Charitable donations 116 21 884 763
Telephone 187 208 513 527
External data processing 385 306 1,067 850
Merger related 0 0 0 474
Foreclosed real estate including (recovery of) provision for losses (13) 66 122 215
Other 868 1,062 2,224 2,072
Total noninterest expense 10,222 9,510 31,093 28,067
Income before income taxes 4,963 4,354 13,487 11,995
Provision for income taxes 1,560 1,343 4,227 3,630
Net income 3,403 3,011 9,260 8,365
Preferred stock dividends 0 30 16 90
Net income available to common shareholders $ 3,403 $ 2,981 $ 9,244 $ 8,275
Net income per common share, basic $ 0.41 $ 0.46 $ 1.10 $ 1.28
Net income per common share, diluted $ 0.40 $ 0.45 $ 1.09 $ 1.27