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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income:        
Loans $ 20,233 $ 19,874 $ 58,762 $ 59,227
Federal funds sold 63 82 215 216
Mortgage loans held for sale 57 98 177 217
Securities - taxable 1,626 1,379 4,388 4,309
Securities - tax-exempt 288 259 853 898
Total interest income 22,267 21,692 64,395 64,867
Interest expense:        
Deposits 1,209 1,725 3,833 5,652
Fed funds purchased 9 8 26 24
Securities sold under agreements to repurchase 38 46 106 138
Federal Home Loan Bank advances 221 345 657 1,072
Subordinated debentures 773 773 2,318 2,341
Total interest expense 2,250 2,897 6,940 9,227
Net interest income 20,017 18,795 57,455 55,640
Provision for loan losses 1,325 2,475 4,975 9,025
Net interest income after provision for loan losses 18,692 16,320 52,480 46,615
Non-interest income:        
Investment management and trust services 4,017 3,515 12,032 10,675
Service charges on deposit accounts 2,348 2,161 6,592 6,341
Bankcard transaction revenue 1,087 985 3,068 2,967
Gains on sales of mortgage loans held for sale 659 1,277 2,333 2,882
Loss on sales of securities available for sale     (5)  
Brokerage commissions and fees 456 651 1,693 1,844
Bank owned life insurance income 260 226 771 743
Gain on acquisition     449  
Other 825 980 2,258 2,878
Total non-interest income 9,652 9,795 29,191 28,330
Non-interest expenses:        
Salaries and employee benefits 10,508 9,711 30,186 28,189
Occupancy 1,522 1,365 4,188 4,198
Data processing 1,520 1,296 4,695 4,131
Furniture and equipment 269 347 846 965
FDIC insurance 348 398 1,055 1,095
Acquisition costs     1,548  
Other 3,404 3,928 9,454 9,711
Total non-interest expenses 17,571 17,045 51,972 48,289
Income before income taxes 10,773 9,070 29,699 26,656
Income tax expense 3,091 2,388 8,842 7,369
Net income $ 7,682 $ 6,682 $ 20,857 $ 19,287
Net income per share:        
Basic (in dollars per share) $ 0.53 $ 0.48 $ 1.47 $ 1.39
Diluted (in dollars per share) $ 0.53 $ 0.48 $ 1.47 $ 1.38
Average common shares:        
Basic (in shares) 14,408 13,883 14,144 13,867
Diluted (in shares) 14,556 13,966 14,228 13,929