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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Interest and fees on loans $ 48,460 $ 44,799 $ 42,184
Taxable 7,741 7,499 9,153
Exempt from federal income tax 2,807 2,352 2,069
Interest on certificates of deposit investments 44 0 14
Interest on federal funds sold 0 1 6
Interest on deposits with other financial institutions 199 83 33
Total interest income 59,251 54,734 53,459
Interest expense:      
Interest on deposits 2,282 2,351 2,703
Interest on securities sold under agreements to repurchase 62 47 46
Interest on FHLB borrowings 616 339 254
Interest on other borrowings 13 1 9
Interest on subordinated debentures 526 514 523
Total interest expense 3,499 3,252 3,535
Net interest income 55,752 51,482 49,924
Provision for loan losses 1,318 629 2,193
Net interest income after provision for loan losses 54,434 50,853 47,731
Other income:      
Trust revenues 3,746 3,571 3,565
Brokerage commissions 1,315 1,039 833
Insurance commissions 2,107 1,796 1,638
Service charges 5,681 5,264 4,865
Securities gains, net 452 715 2,293
Mortgage banking revenue, net 754 596 935
ATM / debit card revenue 4,676 3,915 3,772
Other income (1,813) (1,473) (1,440)
Total other income 20,544 18,369 19,341
Other expense:      
Salaries and employee benefits 26,337 24,771 24,128
Net occupancy and equipment expense 9,143 8,347 8,223
Net other real estate owned expense 19 23 163
Amortization of intangible assets 904 804 832
Amortization of intangible assets 891 643 674
Stationery and supplies 681 646 603
Legal and professional 2,474 2,333 2,070
Marketing and donations 1,092 1,015 1,221
Other expense 7,707 5,925 5,590
Total other expense 49,248 44,507 43,504
Income before income taxes 25,730 24,715 23,568
Income taxes 9,218 9,254 8,846
Net income 16,512 15,461 14,722
Dividends on preferred shares 2,200 4,152 4,417
Net income available to common stockholders $ 14,312 $ 11,309 $ 10,305
Per share data:      
Basic net income per common share available to common stockholders $ 1.84 $ 1.88 $ 1.74
Diluted earnings per common share 1.81 1.85 1.73
Cash dividends declared per common share $ 0.59 $ 0.55 $ 0.46