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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income    
Loans, including fees $ 26,779,000 $ 25,311,000
Securities, taxable 1,516,000 1,686,000
Securities, tax-exempt 537,000 537,000
Other interest-earning assets 57,000 55,000
Total interest income 28,889,000 27,589,000
Interest expense    
Deposits 1,866,000 1,899,000
Short-term borrowings 44,000 38,000
Federal Home Loan Bank advances 350,000 152,000
Subordinated debentures and other borrowings 747,000 651,000
Total interest expense 3,007,000 2,740,000
Net interest income 25,882,000 24,849,000
Provision for loan losses 600,000 (400,000)
Net interest income after provision for loan losses 25,282,000 25,249,000
Noninterest income    
Service charges on deposit and sweep accounts 948,000 770,000
Credit and debit card income 1,015,000 1,213,000
Gain on trust preferred securities repurchase 2,970,000 0
Mortgage banking income 598,000 688,000
Earnings on bank owned life insurance 286,000 287,000
Other income 1,269,000 736,000
Total noninterest income 7,086,000 3,694,000
Noninterest expense    
Salaries and benefits 10,995,000 10,084,000
Occupancy 1,604,000 1,573,000
Furniture and equipment depreciation, rent and maintenance 525,000 624,000
Data processing costs 1,992,000 1,770,000
FDIC insurance costs 392,000 477,000
Other expense 4,360,000 4,713,000
Total noninterest expenses 19,868,000 19,241,000
Income before federal income tax expense 12,500,000 9,702,000
Federal income tax expense 3,951,000 3,056,000
Net income $ 8,549,000 $ 6,646,000
Basic earnings per share (in Dollars per share) $ 0.52 $ 0.39
Diluted earnings per share (in Dollars per share) 0.52 0.39
Cash dividends per share (in Dollars per share) $ 0.16 $ 0.14
Average basic shares outstanding (in Shares) 16,291,654 16,937,630
Average diluted shares outstanding (in Shares) 16,325,475 16,978,591