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Unaudited Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest Income        
Interest and fees on loans $ 12,676 $ 13,491 $ 25,318 $ 27,022
Interest on investment securities:        
Taxable 2,980 2,459 6,060 5,021
Nontaxable 637 642 1,261 1,256
Interest on deposits in other banks 37 38 64 72
Interest on federal funds sold and securities purchased under agreements to resell 1 1 2 2
Total interest income 16,331 16,631 32,705 33,373
Interest Expense        
Interest on deposits 1,104 1,524 2,307 3,187
Interest on federal funds purchased and other short-term borrowings 11 20 30 39
Interest on securities sold under agreements to repurchase and other long-term borrowings 1,279 1,278 2,543 2,545
Interest on subordinated notes payable to unconsolidated trusts 210 216 419 433
Total interest expense 2,604 3,038 5,299 6,204
Net interest income 13,727 13,593 27,406 27,169
Provision for loan losses (1,388) (362) (1,256) (994)
Net interest income after provision for loan losses 15,115 13,955 28,662 28,163
Noninterest Income        
Service charges and fees on deposits 1,991 2,018 3,907 3,978
Allotment processing fees 1,274 1,241 2,519 2,507
Other service charges, commissions, and fees 1,399 1,264 2,634 2,456
Trust income 523 470 1,068 954
Investment securities losses, net (84) (60) (75) (60)
Gains on sale of mortgage loans, net 123 292 220 631
Income from company-owned life insurance 233 232 479 472
Other 532 (16) 612 (86)
Total noninterest income 5,991 5,441 11,364 10,852
Noninterest Expense        
Salaries and employee benefits 7,342 7,231 14,693 14,555
Occupancy expenses, net 1,209 1,165 2,491 2,331
Equipment expenses 593 579 1,187 1,141
Data processing and communication expenses 969 945 1,974 2,043
Bank franchise tax 610 610 1,222 1,200
Amortization of intangibles 101 135 202 270
Deposit insurance expense 461 497 901 1,139
Other real estate expenses, net 938 1,485 2,002 2,377
Other 2,100 2,075 4,081 4,175
Total noninterest expense 14,323 14,722 28,753 29,231
Income before income taxes 6,783 4,674 11,273 9,784
Income tax expense 1,959 1,127 3,079 2,445
Net income 4,824 3,547 8,194 7,339
Less preferred stock dividends and discount accretion 563 487 1,100 972
Net income available to common shareholders $ 4,261 $ 3,060 $ 7,094 $ 6,367
Per Common Share        
Net income - basic and diluted (in Dollars per share) $ 0.57 $ 0.41 $ 0.95 $ 0.85
Cash dividends declared (in Dollars per share) $ 0 $ 0 $ 0 $ 0
Weighted Average Common Shares Outstanding        
Basic and diluted (in Shares) 7,482 7,473 7,481 7,471