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BUSINESS SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of income and total assets for reportable segments

The following tables present the statements of income and total assets for the Corporation’s reportable segments for the three and six months ended June 30, 2016 and 2015.

   Three Months Ended June 30, 2016 
       Wealth     
       Management     
(In thousands)  Banking   Division   Total 
Net interest income  $22,778   $1,398   $24,176 
Noninterest income   2,432    5,016    7,448 
   Total income   25,210    6,414    31,624 
                
Provision for loan losses   2,200        2,200 
Salaries and benefits   9,033    2,067    11,100 
Premises and equipment expense   2,507    235    2,742 
Other noninterest expense   3,529    1,404    4,933 
Total noninterest expense   17,269    3,706    20,975 
Income before income tax expense   7,941    2,708    10,649 
Income tax expense   3,032    1,053    4,085 
Net income  $4,909   $1,655   $6,564 

 

   Three Months Ended June 30, 2015 
       Wealth     
       Management     
(In thousands)  Banking   Division   Total 
Net interest income  $19,351   $993   $20,344 
Noninterest income   1,896    4,603    6,499 
   Total income   21,247    5,596    26,843 
                
Provision for loan losses   2,200        2,200 
Salaries and benefits   7,830    2,042    9,872 
Premises and equipment expense   2,549    229    2,778 
Other noninterest expense   2,461    1,155    3,616 
Total noninterest expense   15,040    3,426    18,466 
Income before income tax expense   6,207    2,170    8,377 
Income tax expense   2,294    845    3,139 
Net income  $3,913   $1,325   $5,238 

 

   Six Months Ended June 30, 2016 
       Wealth     
       Management     
(In thousands)  Banking   Division   Total 
Net interest income  $44,768   $2,818   $47,586 
Noninterest income   4,312    9,399    13,711 
   Total income   49,080    12,217    61,297 
                
Provision for loan losses   3,900        3,900 
Salaries and benefits   17,845    4,163    22,008 
Premises and equipment expense   5,144    462    5,606 
Other noninterest expense   7,446    2,921    10,367 
Total noninterest expense   34,335    7,546    41,881 
Income before income tax expense   14,745    4,671    19,416 
Income tax expense   5,546    1,817    7,363 
Net income  $9,199   $2,854   $12,053 
                
Total assets for period end  $3,555,910   $48,793   $3,604,703 

 

   Six Months Ended June 30, 2015 
       Wealth     
       Management     
(In thousands)  Banking   Division   Total 
Net interest income  $37,921   $2,006   $39,927 
Noninterest income   3,673    8,708    12,381 
   Total income   41,594    10,714    52,308 
                
Provision for loan losses   3,550        3,550 
Salaries and benefits   15,370    3,927    19,297 
Premises and equipment expense   4,934    460    5,394 
Other noninterest expense   4,956    2,387    7,343 
Total noninterest expense   28,810    6,774    35,584 
Income before income tax expense   12,784    3,940    16,724 
Income tax expense   4,945    1,533    6,478 
Net income  $7,839   $2,407   $10,246 
                
Total assets for period end  $3,084,507   $33,663   $3,118,170