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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest income:        
Loans $ 20,924 $ 20,429 $ 61,951 $ 59,575
Federal funds sold 65 73 184 215
Mortgage loans held for sale 67 54 180 128
Securities – taxable 1,936 1,845 5,939 5,506
Securities – tax-exempt 292 291 877 885
Total interest income 23,284 22,692 69,131 66,309
Interest expense:        
Deposits 900 1,065 2,811 3,319
Federal funds purchased 7 8 19 23
Securities sold under agreements to repurchase 42 37 111 100
Federal Home Loan Bank advances 254 219 694 621
Total interest expense 1,203 1,329 3,635 4,063
Net interest income 22,081 21,363 65,496 62,246
Provision (credit) for loan losses   (2,100) 0 (400)
Net interest income after provision for loan losses 22,081 23,463 65,496 62,646
Non-interest income:        
Investment management and trust services 4,373 4,502 13,576 13,825
Service charges on deposit accounts 2,342 2,294 6,621 6,620
Bankcard transaction revenue 1,223 1,182 3,591 3,466
Mortgage banking revenue 772 641 2,513 1,951
Gain (loss) on sales of securities available for sale       (9)
Brokerage commissions and fees 585 539 1,545 1,506
Bank owned life insurance income 222 229 670 699
Other 468 463 1,361 1,324
Total non-interest income 9,985 9,850 29,877 29,382
Non-interest expenses:        
Salaries and employee benefits 11,333 11,855 33,816 33,697
Net occupancy expense 1,518 1,422 4,437 4,431
Data processing expense 1,572 1,591 4,782 4,869
Furniture and equipment expense 282 269 789 796
FDIC insurance expense 318 340 932 1,032
Loss (gain) on other real estate owned (12) 7 153 (342)
Other 3,419 3,225 10,167 9,471
Total non-interest expenses 18,430 18,709 55,076 53,954
Income before income taxes 13,636 14,604 40,297 38,074
Income tax expense 4,352 4,715 12,756 11,974
Net income $ 9,284 $ 9,889 $ 27,541 $ 26,100
Net income per share:        
Basic (in Dollars per share) $ 0.63 $ 0.68 $ 1.87 $ 1.79
Diluted (in Dollars per share) $ 0.62 $ 0.67 $ 1.84 $ 1.77
Average common shares:        
Basic (in Shares) 14,754 14,574 14,704 14,542
Diluted (in Shares) 14,986 14,748 14,940 14,732