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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest and dividend income        
Interest and fees on loans $ 7,351 $ 7,739 $ 22,084 $ 23,803
Interest and dividends on investment securities        
Taxable 2,054 904 6,065 2,716
Tax-exempt 63 298 490 784
Short-term investments 9 41 24 152
Total interest and dividend income 9,477 8,982 28,663 27,455
Interest expense        
Interest on deposits 924 1,073 2,840 3,436
Interest on short-term borrowings 33 19 96 33
Interest on long-term debt 73 124 264 412
Total interest expense 1,030 1,216 3,200 3,881
Net interest income 8,447 7,766 25,463 23,574
Provision for loan losses (2,900) 0 (2,900) (1,400)
Net interest income after provision for loan losses 11,347 7,766 28,363 24,974
Noninterest income        
Service charges on deposit accounts 1,375 1,448 4,056 4,307
Other service charges, commissions and fees 270 283 705 789
Trust department income 1,172 1,273 3,599 3,551
Brokerage income 575 426 1,592 1,502
Mortgage banking activities 613 727 1,634 2,584
Earnings on life insurance 238 241 710 721
Other income (loss) 40 44 364 (38)
Investment securities gains 469 157 1,668 279
Total noninterest income 4,752 4,599 14,328 13,695
Noninterest expenses        
Salaries and employee benefits 5,902 5,584 17,593 16,717
Occupancy expense 535 486 1,696 1,521
Furniture and equipment 865 900 2,537 2,528
Data processing 460 106 1,209 369
Automated teller and interchange fees 254 282 660 811
Advertising and bank promotions 204 231 847 716
FDIC insurance 403 647 1,226 1,938
Professional services 653 463 1,829 1,801
Collection and problem loan 215 184 533 565
Real estate owned expenses 201 55 261 115
Taxes other than income 129 222 443 710
Intangible asset amortization 52 52 157 157
Other operating expenses 1,025 1,325 3,648 3,865
Total noninterest expenses 10,898 10,537 32,639 31,813
Income before income taxes 5,201 1,828 10,052 6,856
Income tax expense (benefit) 24 (281) 24 (221)
Net income $ 5,177 $ 2,109 $ 10,028 $ 7,077
Per share information:        
Basic earnings per share (usd per share) $ 0.64 $ 0.26 $ 1.24 $ 0.87
Diluted earnings per share (usd per share) $ 0.64 $ 0.26 $ 1.24 $ 0.87
Dividends per share (usd per share) $ 0 $ 0 $ 0 $ 0