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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest and dividend income:        
Loans, including fees $ 24,980 $ 25,123 $ 73,151 $ 73,078
Investment securities:        
Taxable 3,623 1,742 9,885 4,022
Tax exempt 115 172 368 423
Dividends 200 121 508 257
Interest bearing cash at Federal Reserve and other banks 213 378 796 1,318
Total interest and dividend income 29,131 27,536 84,708 79,098
Interest expense:        
Deposits 772 854 2,322 2,634
Other borrowings   1 2 3
Junior subordinated debt 310 314 920 936
Total interest expense 1,082 1,169 3,244 3,573
Net interest income 28,049 26,367 81,464 75,525
Reversal of provision for loan losses (2,977) (393) (2,624) (887)
Net interest income after reversal of provision loan losses 31,026 26,760 84,088 76,412
Noninterest income:        
Service charges and fees 6,090 6,662 17,071 19,284
Gain on sale of loans 509 1,083 1,487 4,967
Commissions on sale of non-deposit investment products 703 692 2,317 2,294
Increase in cash value of life insurance 490 531 1,287 1,337
Other 797 159 2,599 1,594
Total noninterest income 8,589 9,127 24,761 29,476
Noninterest expense:        
Salaries and related benefits 13,369 12,861 39,989 38,712
Other 12,011 10,755 33,824 30,014
Total noninterest expense 25,380 23,616 73,813 68,726
Income before income taxes 14,235 12,271 35,036 37,162
Provision for income taxes 6,001 4,910 14,578 14,999
Net income $ 8,234 $ 7,361 $ 20,458 $ 22,163
Earnings per share:        
Basic $ 0.51 $ 0.46 $ 1.27 $ 1.38
Diluted $ 0.50 $ 0.45 $ 1.25 $ 1.37