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Consolidated Statements Of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Interest income        
Interest and fees on loans $ 10,039 $ 8,956 $ 28,838 $ 27,123
Interest and dividends on investment securities:        
Taxable 3,047 3,273 9,247 10,079
Tax-exempt 892 544 2,491 983
Dividends 137 146 426 479
Interest on federal funds sold and other short-term investment 3   7  
Total interest income 14,118 12,919 41,009 38,664
Interest expense        
Interest on certificates of deposit $100 or more 203 332 637 945
Interest on other deposits 1,124 1,059 3,406 3,133
Interest on borrowings 1,608 1,678 4,892 4,998
Total interest expense 2,935 3,069 8,935 9,076
Net interest income 11,183 9,850 32,074 29,588
Provision for loan losses 225 1,020 225 2,148
Net interest income after provision for loan losses 10,958 8,830 31,849 27,440
Other income        
Service charges, commissions and fees 459 505 1,326 1,415
Annuities and insurance commissions 45 42 137 81
Bank-owned life insurance 239 259 736 780
Loan related fees 173 203 604 435
Bargain gain on acquisition 899   899  
Other 57 24 279 84
Other-than-temporary impairment losses on investment securities (134) (66) (332) (303)
Net other-than-temporary impairment losses on investment securities (134) (66) (332) (303)
Net gains on sale of investment securities 897 1,316 2,545 3,120
Net investment securities gains 763 1,250 2,213 2,817
Total other income 2,635 2,283 6,194 5,612
Other expense        
Salaries and employee benefits 3,193 2,848 9,366 8,618
Occupancy and equipment 739 713 2,045 2,246
FDIC insurance 292 328 861 1,384
Professional and consulting 277 319 817 805
Stationery and printing 69 73 249 273
Marketing and advertising 64 30 151 116
Computer expense 366 300 1,081 989
Other real estate owned, net 65   149 (1)
Repurchase agreement prepayment and termination fee 1,012   1,012  
Acquisition cost 472   472  
All other 958 918 2,801 2,791
Total other expense 7,507 5,529 19,004 17,221
Income before income tax expense 6,086 5,584 19,039 15,831
Income tax expense 1,632 1,882 6,001 5,527
Net Income 4,454 3,702 13,038 10,304
Preferred stock dividends and accretion 28 145 253 436
Net income available to common shareholders $ 4,426 $ 3,557 $ 12,785 $ 9,868
Earnings per common share        
Basic $ 0.27 $ 0.22 $ 0.78 $ 0.61
Diluted $ 0.27 $ 0.22 $ 0.78 $ 0.61
Weighted Average Common Shares Outstanding        
Basic 16,347,088 16,290,700 16,337,724 16,290,598
Diluted 16,362,635 16,313,366 16,346,739 16,310,557
Dividend paid per common share $ 0.055 $ 0.03 $ 0.115 $ 0.09