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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 $ 66,740 $ 65,597 $ 61,632
Interest on Federal Funds Sold and Other Short-term Investments 13 12 30
Interest and Dividends on Securities:      
Taxable 9,017 10,409 11,091
Non-taxable 5,850 4,368 2,919
TOTAL INTEREST INCOME 81,620 80,386 75,672
INTEREST EXPENSE      
Interest on Deposits 3,976 4,128 4,697
Interest on FHLB Advances and Other Borrowings 2,092 1,919 2,458
TOTAL INTEREST EXPENSE 6,068 6,047 7,155
NET INTEREST INCOME 75,552 74,339 68,517
Provision for Loan Losses 0 150 350
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 75,552 74,189 68,167
NON-INTEREST INCOME      
Trust and Investment Product Fees 3,957 3,675 3,358
Service Charges on Deposit Accounts 4,826 4,829 4,144
Insurance Revenues 7,489 7,255 6,217
Company Owned Life Insurance 846 826 965
Interchange Fee Income 2,127 1,961 1,854
Other Operating Income 4,515 2,018 2,003
Net Gains on Sales of Loans 2,959 1,892 2,645
Net Gains on Securities 725 1,481 2,429
TOTAL NON-INTEREST INCOME 27,444 23,937 23,615
NON-INTEREST EXPENSE      
Salaries and Employee Benefits 35,042 32,710 31,482
Occupancy Expense 4,939 5,094 4,545
Furniture and Equipment Expense 1,873 1,953 1,898
FDIC Premiums 1,144 1,113 1,050
Data Processing Fees 3,541 3,675 3,133
Professional Fees 2,661 2,294 2,577
Advertising and Promotion 3,669 1,977 1,863
Intangible Amortization 790 1,254 1,416
Other Operating Expenses 7,667 7,643 6,941
TOTAL NON-INTEREST EXPENSE 61,326 57,713 54,905
Income before Income Taxes 41,670 40,413 36,877
Income Tax Expense 11,606 12,069 11,464
NET INCOME $ 30,064 $ 28,344 $ 25,413
Basic Earnings per Share (in usd per share) $ 2.27 $ 2.15 $ 1.99
Diluted Earnings per Share (in usd per share) $ 2.27 $ 2.14 $ 1.98