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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest income:    
Loans$ 19,868$ 20,285$ 59,343$ 59,214
Federal funds sold724116785
Mortgage loans held for sale4697143216
Securities - taxable1,3191,2713,8114,051
Securities - tax-exempt3113241,006857
Total interest income21,61622,01864,47064,423
Interest expense:    
Deposits2,5203,2107,84510,286
Fed funds purchased8143131
Securities sold under agreements to repurchase6889199257
Federal Home Loan Bank advances3686221,0931,703
Subordinated debentures8628692,5862,591
Total interest expense3,8264,80411,75414,868
Net interest income17,79017,21452,71649,555
Provision for loan losses4,1002,6959,5007,774
Net interest income after provision for loan losses13,69014,51943,21641,781
Non-interest income:    
Investment management and trust services3,3473,04510,5459,538
Service charges on deposit accounts2,1672,2506,1256,435
Bankcard transaction revenue9458372,7822,451
Gains on sales of mortgage loans held for sale5746011,3971,431
Gains on sales of securities available for sale 159 159
Brokerage commissions and fees5705251,6131,484
Bank owned life insurance income257251761742
Other(2)5947921,921
Total non-interest income7,8588,26224,01524,161
Non-interest expenses:    
Salaries and employee benefits7,5288,19724,57624,605
Net occupancy expense1,3141,1363,9013,708
Data processing expense1,2831,1193,7663,578
Furniture and equipment expense306316998951
FDIC insurance expense3394981,2991,500
Other2,5322,6438,3147,706
Total non-interest expenses13,30213,90942,85442,048
Income before income taxes8,2468,87224,37723,894
Income tax expense2,4722,5077,1156,992
Net income$ 5,774$ 6,365$ 17,262$ 16,902
Net income per share:    
Basic (in dollars per share)$ 0.42$ 0.46$ 1.25$ 1.24
Diluted (in dollars per share)$ 0.42$ 0.46$ 1.25$ 1.23
Average common shares:    
Basic (in shares)13,79913,70113,77813,679
Diluted (in shares)13,83813,80713,84413,770