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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest and fees on loans and leases:        
Taxable $ 16,413 $ 17,191 $ 32,750 $ 34,375
Exempt from federal income taxes 1,229 1,223 2,422 2,377
Total interest and fees on loans and leases 17,642 18,414 35,172 36,752
Interest and dividends on investment securities:        
Taxable 1,481 2,166 3,234 4,412
Exempt from federal income taxes 1,097 1,112 2,207 2,231
Other interest income 38 12 76 15
Total interest income 20,258 21,704 40,689 43,410
Interest expense        
Interest on deposits 1,654 2,290 3,507 4,756
Interest on short-term borrowings 156 80 262 160
Interest on long-term borrowings 301 353 609 704
Total interest expense 2,111 2,723 4,378 5,620
Net interest income 18,147 18,981 36,311 37,790
Provision for loan and lease losses 1,343 5,556 5,443 10,690
Net interest income after provision for loan and lease losses 16,804 13,425 30,868 27,100
Noninterest income        
Trust fee income 1,625 1,625 3,250 3,250
Service charges on deposit accounts 1,079 1,356 2,179 2,692
Investment advisory commission and fee income 1,350 1,194 2,606 2,356
Insurance commission and fee income 2,057 2,072 4,324 4,272
Other service fee income 1,368 1,437 2,890 2,792
Bank owned life insurance income 336 268 1,842 612
Other-than-temporary impairment on equity securities (6) (3) (9) (10)
Net gain on sales of securities 24 569 282 569
Net gain on mortgage banking activities 1,074 328 2,346 303
Net loss on dispositions of fixed assets (10) (9) (9) (9)
Net loss on sales and write-downs of other real estate owned (1,071) (265) (1,102) (617)
Other 174 124 422 245
Total noninterest income 8,000 8,696 19,021 16,455
Noninterest expense        
Salaries and benefits 10,733 9,634 22,296 18,617
Net occupancy 1,402 1,361 2,796 2,911
Equipment 1,111 965 2,145 1,942
Marketing and advertising 584 393 903 982
Deposit insurance premiums 429 427 873 1,140
Other 4,377 3,626 8,499 7,560
Total noninterest expense 18,636 16,406 37,512 33,152
Income before income taxes 6,168 5,715 12,377 10,403
Applicable income taxes 1,405 1,199 2,351 2,025
Net income $ 4,763 $ 4,516 $ 10,026 $ 8,378
Net income per share:        
Basic earnings per share $ 0.28 $ 0.27 $ 0.60 $ 0.50
Diluted earnings per share $ 0.28 $ 0.27 $ 0.60 $ 0.50
Dividends declared $ 0.20 $ 0.20 $ 0.40 $ 0.40