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)