Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Provision for Income Taxes

The provision for income taxes consists of the following:	2012		2011			2010
Current Federal	$	9,649	$	3,333		$	6,147
Current State		568		184			480
Deferred Federal		260		4,241			(686	)
Deferred State		192		(32	)		(318	)
Total	$	10,669	$	7,726		$	5,623

Schedule of Effective Income Tax Rate Reconciliation

Income tax expense is reconciled to the 35% statutory rate applied to the pre-tax income for the years presented in the table below:

	2012			2011			2010
Statutory Rate Times Pre-tax Income	$	12,153		$	9,791		$	6,660
Add (Subtract) the Tax Effect of:
Income from Tax-exempt Loans and Investments		(1,007	)		(780	)		(533	)
State Income Tax, Net of Federal Tax Effect		494			99			105
General Business Tax Credits		(547	)		(370	)		(365	)
Company Owned Life Insurance		(341	)		(385	)		(282	)
Gain on American Community Bancorp, Inc. Stock		—			(366	)		—
Other Differences		(83	)		(263	)		38
Total Income Taxes	$	10,669		$	7,726		$	5,263

Schedule of Net Deferred Tax Liability

The net deferred tax liability at December 31 consists of the following:

	2012			2011
Deferred Tax Assets:
Allowance for Loan Losses	$	5,845		$	5,596
Deferred Compensation and Employee Benefits		1,282			1,355
Other-than-temporary Impairment		443			443
Accrued Expenses		646			705
Business Combination Fair Value Adjustments		—			985
Pension and Postretirement Plans		195			149
Other Real Estate Owned		140			100
Non-Accrual Loan Interest Income		254			3
General Business Tax Credits		—			25
Net Operating Loss Carryforward		—			72
Other		279			337
Total Deferred Tax Assets		9,084			9,770
Deferred Tax Liabilities:
Depreciation		(1,419	)		(1,520	)
Leasing Activities, Net		(7,753	)		(7,612	)
Unrealized Appreciation on Securities		(5,915	)		(5,949	)
FHLB Stock Dividends		(336	)		(333	)
Prepaid Expenses		(516	)		(431	)
Intangibles		(359	)		(861	)
Deferred Loan Fees		(394	)		(350	)
Business Combination Fair Value Adjustments		(333	)		—
General Business Tax Credits		(7	)		—
Other		(255	)		(181	)
Total Deferred Tax Liabilities		(17,287	)		(17,237	)
Valuation Allowance		(45	)		(45	)
Net Deferred Tax Liability	$	(8,248	)	$	(7,512	)