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Segment Information (Tables)
12 Months Ended
Dec. 31, 2014
Segment Information [Abstract]  
Business Segment Information

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

 

 

Banking 

 

 

Insurance Agency

 

 

 

 

 

 

Activities

 

 

Activities

 

 

Total

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

Net interest income (expense)

 

$

31,214 

 

$

(115)

 

$

31,099 

 

 

 

 

 

 

 

 

 

 

Provision for loan and lease losses

 

 

1,229 

 

 

-    

 

 

1,229 

 

 

 

 

 

 

 

 

 

 

Net interest income (expense) after

 

 

 

 

 

 

 

 

 

provision for loan and lease losses

 

 

29,985 

 

 

(115)

 

 

29,870 

 

 

 

 

 

 

 

 

 

 

Non-interest income

 

 

3,142 

 

 

-    

 

 

3,142 

 

 

 

 

 

 

 

 

 

 

Insurance service and fees

 

 

591 

 

 

6,540 

 

 

7,131 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

 

-    

 

 

108 

 

 

108 

 

 

 

 

 

 

 

 

 

 

Non-interest expense

 

 

26,875 

 

 

4,269 

 

 

31,144 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

 

6,843 

 

 

2,048 

 

 

8,891 

 

 

 

 

 

 

 

 

 

 

Income tax provision (benefit)

 

 

(85)

 

 

789 

 

 

704 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

6,928 

 

$

1,259 

 

$

8,187 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

 

Banking 

 

 

Insurance Agency

 

 

 

 

 

 

Activities

 

 

Activities

 

 

Total

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

Net interest income (expense)

 

$

28,463 

 

$

(116)

 

$

28,347 

 

 

 

 

 

 

 

 

 

 

Provision for loan and lease losses

 

 

1,540 

 

 

-    

 

 

1,540 

 

 

 

 

 

 

 

 

 

 

Net interest income (expense) after

 

 

 

 

 

 

 

 

 

provision for loan and lease losses

 

 

26,923 

 

 

(116)

 

 

26,807 

 

 

 

 

 

 

 

 

 

 

Non-interest income

 

 

4,950 

 

 

-    

 

 

4,950 

 

 

 

 

 

 

 

 

 

 

Insurance service and fees

 

 

518 

 

 

6,693 

 

 

7,211 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

 

-    

 

 

221 

 

 

221 

 

 

 

 

 

 

 

 

 

 

Non-interest expense

 

 

24,792 

 

 

4,367 

 

 

29,159 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

 

7,599 

 

 

1,989 

 

 

9,588 

 

 

 

 

 

 

 

 

 

 

Income tax provision

 

 

1,022 

 

 

709 

 

 

1,731 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

6,577 

 

$

1,280 

 

$

7,857 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

 

Banking 

 

 

Insurance Agency

 

 

 

 

 

 

Activities

 

 

Activities

 

 

Total

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

 

 

Net interest income (expense)

 

$

27,904 

 

$

(124)

 

$

27,780 

 

 

 

 

 

 

 

 

 

 

Provision (benefit) for loan and lease losses

 

 

(68)

 

 

-    

 

 

(68)

 

 

 

 

 

 

 

 

 

 

Net interest income (expense) after

 

 

 

 

 

 

 

 

 

provision for loan and lease losses

 

 

27,972 

 

 

(124)

 

 

27,848 

 

 

 

 

 

 

 

 

 

 

Non-interest income

 

 

5,857 

 

 

-    

 

 

5,857 

 

 

 

 

 

 

 

 

 

 

Insurance service and fees

 

 

-    

 

 

6,966 

 

 

6,966 

 

 

 

 

 

 

 

 

 

 

Amortization expense

 

 

-    

 

 

349 

 

 

349 

 

 

 

 

 

 

 

 

 

 

Non-interest expense

 

 

23,861 

 

 

4,582 

 

 

28,443 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

 

9,968 

 

 

1,911 

 

 

11,879 

 

 

 

 

 

 

 

 

 

 

Income tax provision

 

 

3,007 

 

 

740 

 

 

3,747 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

6,961 

 

$

1,171 

 

$

8,132 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

2014

 

2013

 

 

(in thousands)

Identifiable Assets, Net

 

 

 

 

 

 

Banking activities

 

$

837,928 

 

$

824,028 

Insurance agency activities

 

 

8,881 

 

 

9,470 

Consolidated Total Assets

 

$

846,809 

 

$

833,498