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Condensed Quarterly Earnings (unaudited)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Condensed Quarterly Earnings (unaudited)
Condensed Quarterly Earnings (unaudited)
 
 
 
2014
 
2013
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(Dollars in Thousands, Except per share data)
Interest income
 
$
13,402

 
$
13,565

 
$
13,871

 
$
16,863

 
$
13,319

 
$
13,142

 
$
13,586

 
$
13,763

Interest expense
 
(2,601
)
 
(2,766
)
 
(2,936
)
 
(3,268
)
 
(3,090
)
 
(2,949
)
 
(2,887
)
 
(2,779
)
Net interest income
 
10,801

 
10,799

 
10,935

 
13,595

 
10,229

 
10,193

 
10,699

 
10,984

Provision for loan losses
 
(180
)
 
91

 
89

 
(1,236
)
 
(80
)
 
(54
)
 
(109
)
 
1,202

Non-interest income
 
2,321

 
2,358

 
2,459

 
2,965

 
1,953

 
2,174

 
2,124

 
2,191

Non-interest expense
 
(7,852
)
 
(7,749
)
 
(8,047
)
 
(10,127
)
 
(7,178
)
 
(7,490
)
 
(7,147
)
 
(8,556
)
Income before income tax expense
 
5,090

 
5,499

 
5,436

 
5,197

 
4,924

 
4,823

 
5,567

 
5,821

Income taxes
 
(1,753
)
 
(1,994
)
 
(1,883
)
 
(1,453
)
 
(1,680
)
 
(1,690
)
 
(1,958
)
 
(2,061
)
Net income
 
$
3,337

 
$
3,505

 
$
3,553

 
$
3,744

 
$
3,244

 
$
3,133

 
$
3,609

 
$
3,760

Per common share data:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per common share
 
$
0.85

 
$
0.89

 
$
0.90

 
$
0.89

 
$
0.83

 
$
0.80

 
$
0.92

 
$
0.95

Diluted earnings per common share
 
0.84

 
0.88

 
0.89

 
0.89

 
0.83

 
0.80

 
0.91

 
0.95

Dividends declared per share
 
0.21

 
0.21

 
0.21

 
0.21

 
0.14

 
0.14

 
0.14

 
0.14