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Consolidated Statements Of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income        
Interest and fees on loans $ 17,918 $ 17,824 $ 35,737 $ 35,300
Interest on money market investments 38 5 61 13
Interest and dividends on securities        
U.S. government agencies and corporations 100 52 206 109
Tax-exempt obligations of states and political subdivisions 1,136 1,186 2,278 2,373
Corporate bonds and other 38 31 71 59
Total interest income 19,230 19,098 38,353 37,854
Interest expense        
Savings and interest-bearing deposits 186 197 405 450
Certificates of deposit, $100 or more 354 547 729 1,187
Other time deposits 468 637 953 1,361
Borrowings 885 967 1,766 1,940
Trust preferred capital notes 189 248 377 497
Total interest expense 2,082 2,596 4,230 5,435
Net interest income 17,148 16,502 34,123 32,419
Provision for loan losses 3,120 2,860 6,300 5,585
Net interest income after provision for loan losses 14,028 13,642 27,823 26,834
Noninterest income        
Gains on sales of loans 3,577 1,631 5,278 2,962
Service charges on deposit accounts 996 825 1,920 1,626
Other service charges and fees 1,472 1,608 2,976 2,976
Net gains on calls of available for sale securities 4 8 6 8
Other income 914 570 1,881 1,681
Total noninterest income 6,963 4,642 12,061 9,253
Noninterest expenses        
Salaries and employee benefits 8,229 6,509 15,298 13,479
Occupancy expenses 1,770 1,677 3,538 3,398
Other expenses 4,549 3,954 8,741 7,548
Total noninterest expenses 14,548 12,140 27,577 24,425
Income before income taxes 6,443 6,144 12,307 11,662
Income tax expense 2,265 1,963 4,123 3,701
Net income 4,178 4,181 8,184 7,961
Effective dividends on preferred stock   165   311
Net income available to common shareholders $ 4,178 $ 4,016 $ 8,184 $ 7,650
Per common share data        
Net income – basic (in Dollars per share) $ 1.28 $ 1.25 $ 2.50 $ 2.39
Net income – assuming dilution (in Dollars per share) $ 1.22 $ 1.22 $ 2.41 $ 2.33
Cash dividends declared (in Dollars per share) $ 0.29 $ 0.26 $ 0.58 $ 0.52
Weighted average number of shares – basic (in Shares) 3,276,039 3,208,792 3,271,376 3,199,655
Weighted average number of shares – assuming dilution (in Shares) 3,413,052 3,296,145 3,392,165 3,280,560