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SUPPLEMENTAL DATA (unaudited)
12 Months Ended
Dec. 31, 2015
SUPPLEMENTAL DATA (unaudited) [Abstract]  
SUPPLEMENTAL DATA (unaudited)

21. SUPPLEMENTAL DATA (unaudited)

The following table sets forth certain unaudited quarterly financial data for the periods indicated:

 

Selected 2015 Quarterly Data:
(In thousands, except per share data)   March 31     June 30     September 30     December 31  
Interest income   $ 22,361     $ 23,852     $ 25,806     $ 27,123  
Interest expense     2,778       3,508       4,100       4,304  
  Net interest income     19,583       20,344       21,706       22,819  
Provision for loan losses     1,350       2,200       1,600       1,950  
Trust fees     4,031       4,532       4,169       4,307  
Securities gains/(losses), net     268       176       83        
Other income     1,583       1,791       1,358       1,416  
Operating expenses     15,768       16,266       16,899       19,993  
  Income before income tax expense     8,347       8,377       8,817       6,599  
Income tax expense     3,339       3,139       3,434       2,256  
  Net income   $ 5,008     $ 5,238     $ 5,383     $ 4,343  
                                 
Earnings per share-basic   $ 0.34     $ 0.34     $ 0.35     $ 0.28  
Earnings per share-diluted     0.33       0.34       0.35       0.28  
                                 

 

Selected 2014 Quarterly Data:
(In thousands, except per share data)   March 31     June 30     September 30     December 31  
Interest income   $ 16,949     $ 18,630     $ 19,210     $ 20,786  
Interest expense     1,378       1,707       2,162       2,434  
  Net interest income     15,571       16,923       17,048       18,352  
Provision for loan losses     1,325       1,150       1,150       1,250  
Wealth management fee income     3,754       4,005       3,661       3,822  
Securities gains/(losses), net     98       79       39       44  
Other income     1,143       1,389       1,352       1,421  
Operating expenses     14,339       14,930       14,693       15,578  
  Income before income tax expense     4,902       6,316       6,257       6,811  
Income tax expense     1,871       2,533       2,393       2,599  
  Net income   $ 3,031     $ 3,783     $ 3,864     $ 4,212  
                                 
Earnings per share-basic   $ 0.26     $ 0.32     $ 0.33     $ 0.32  
Earnings per share-diluted     0.26       0.32       0.32       0.32  

 

Selected 2013 Quarterly Data:
(In thousands, except per share data)   March 31     June 30     September 30     December 31  
Interest income   $ 13,432     $ 13,460     $ 14,423     $ 15,738  
Interest expense     1,005       1,012       1,050       1,210  
  Net interest income     12,427       12,448       13,373       14,528  
Provision for loan losses     850       500       750       1,325  
Wealth management fee income     3,368       3,628       3,295       3,547  
Securities gains/(losses), net     289       238       188       125  
Other income     1,947       1,370       1,299       1,301  
Operating expenses     12,293       14,079       14,165       14,646  
  Income before income tax expense     4,888       3,105       3,240       3,530  
Income tax expense     1,995       1,096       1,276       1,135  
  Net income   $ 2,893     $ 2,009     $ 1,964     $ 2,395  
                                 
Earnings per share-basic   $ 0.33     $ 0.23     $ 0.22     $ 0.25  
Earnings per share-diluted     0.32       0.22       0.22       0.25