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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Interest and fees on loans      
Taxable $ 50,485 $ 55,248 $ 58,910
Tax-exempt 256 319 265
Interest and dividends on securities      
Taxable 4,127 5,689 9,105
Tax-exempt 2,407 2,593 2,694
Interest on interest bearing deposits with other banks 5 35 72
Total interest income 57,280 63,884 71,046
Interest expense      
Interest on deposits 10,392 13,158 18,273
Interest on short-term borrowings 94 31 7
Interest on long-term borrowings and subordinated debentures 7,991 10,875 12,922
Total interest expense 18,477 24,064 31,202
Net interest income 38,803 39,820 39,844
Provision for loan losses 4,500 8,500 10,000
Net interest income after provision for loan losses 34,303 31,320 29,844
Noninterest income      
Insurance commissions 4,429 4,433 4,461
Service fees related to deposit accounts 4,326 4,255 4,125
Realized securities gains 240 2,348 4,006
Bank owned life insurance income 994 1,109 846
Other 1,338 1,185 1,114
Total other-than-temporary impairment loss on securities (155) (1,308) (6,279)
Portion of loss recognized in other comprehensive income 37 857 3,633
Net impairment loss recognized in earnings (118) (451) (2,646)
Total noninterest income 11,209 12,879 11,906
Noninterest expenses      
Salaries, commissions, and employee benefits 16,178 15,532 15,833
Net occupancy expense 1,853 1,939 1,935
Equipment expense 2,303 2,349 2,343
Professional fees 1,181 1,161 1,373
Amortization of intangibles 351 351 351
FDIC premiums 2,060 2,067 2,423
Foreclosed properties expense 1,045 1,221 1,458
Loss (gain) on sales of foreclosed properties 518 677 (295)
Write-downs of foreclosed properties 3,722 6,862 6,651
Other 5,545 5,108 4,569
Total noninterest expense 34,756 37,267 36,641
Income before income tax expense 10,756 6,932 5,109
Income tax expense 2,688 1,219 1,035
Net income 8,068 5,713 4,074
Dividends on preferred shares 775 777 371
Net income applicable to common shares $ 7,293 $ 4,936 $ 3,703
Basic earnings per common share $ 0.98 $ 0.66 $ 0.50
Diluted earnings per common share $ 0.84 $ 0.60 $ 0.49