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Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest income:        
Interest and fees on loans $ 15,839 $ 16,343 $ 31,409 $ 32,118
Investment securities:        
U.S. Government and agency obligations 381 337 717 764
Mortgage-backed securities 660 937 1,378 1,826
State and political subdivisions 287 294 576 590
Other securities   60 6 98
Other interest-earning assets 288 314 593 689
Total interest income 17,455 18,285 34,679 36,085
Interest expense:        
Interest-bearing demand 30 40 63 80
Money market accounts 183 136 365 282
Savings accounts 9 11 17 22
Time deposits of $100,000 or more 170 338 408 787
Other time deposits 470 406 844 785
Other borrowings 241 223 468 448
Subordinated debentures 561 557 1,113 1,106
Total interest expense 1,664 1,711 3,278 3,510
Net interest income 15,791 16,574 31,401 32,575
Provision (credit) for loan losses (1,136) (355) (3,023) (1,341)
Net interest income after provision (credit) for loan losses 16,927 16,929 34,424 33,916
Noninterest income:        
Service charges and fees 2,450 2,608 4,878 5,204
Gain on sale of bank branches, net   4,378   4,378
Gain on sales of mortgage loans, net 621 463 969 687
Gain on sales/calls of investment securities, net 138 629 143 764
Other noninterest income 200 168 259 238
Total noninterest income 3,409 8,246 6,249 11,271
Noninterest expense:        
Salaries and employee benefits 8,289 8,472 16,203 16,598
Occupancy 2,201 2,253 4,485 4,537
Data processing 410 530 856 1,015
FDIC and other insurance 316 314 628 711
Other real estate, net 112 511 133 579
General and administrative 2,654 3,252 4,759 5,999
Total noninterest expense 13,982 15,332 27,064 29,439
Income before taxes 6,354 9,843 13,609 15,748
Taxes on income 2,193 3,691 4,913 5,905
Net income $ 4,161 $ 6,152 $ 8,696 $ 9,843
Basic earnings per common share $ 0.22 $ 0.31 $ 0.46 $ 0.50
Diluted earnings per common share 0.22 0.31 0.46 0.50
Common dividends declared per share $ 0.06 $ 0.04 $ 0.12 $ 0.08