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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
INTEREST INCOME:        
Loans, including related fees $ 22,325 $ 21,271 $ 44,266 $ 42,455
Securities:        
Taxable 3,630 3,694 7,387 7,525
Tax-exempt 1,843 1,818 3,670 3,640
Other 330 367 651 731
TOTAL INTEREST INCOME 28,128 27,150 55,974 54,351
INTEREST EXPENSE:        
Deposits 1,471 1,030 2,746 2,017
Short-term borrowings 73 26 117 49
Other borrowings 24 35 44 69
TOTAL INTEREST EXPENSE 1,568 1,091 2,907 2,135
NET INTEREST INCOME 26,560 26,059 53,067 52,216
Provision for loan losses 1,040 435 2,636 1,270
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 25,520 25,624 50,431 50,946
NON-INTEREST INCOME:        
Trust and financial services 1,149 1,292 2,466 2,626
Service charges and fees on deposit accounts 3,004 2,601 5,781 5,105
Other service charges and fees 3,114 3,149 6,299 6,149
Net securities gains (losses) 15 10 17 13
Insurance commissions 36 33 58 2,305
Gain on Sale of certain assets and liabilities of Insurance Brokerage Operation   0 0 13,021
Gain on sales of mortgage loans 393 481 720 885
Other 402 648 3,821 476
TOTAL NON-INTEREST INCOME 8,113 8,214 19,162 30,580
NON-INTEREST EXPENSE:        
Salaries and employee benefits 12,519 13,142 25,895 26,737
Occupancy expense 1,761 1,722 3,529 3,453
Equipment expense 1,835 1,808 3,632 3,645
FDIC Expense 228 403 461 854
Other 5,745 5,685 11,148 11,418
TOTAL NON-INTEREST EXPENSE 22,088 22,760 44,665 46,107
INCOME BEFORE INCOME TAXES 11,545 11,078 24,928 35,419
Income tax expense 3,193 2,846 7,207 13,512
NET INCOME 8,352 8,232 17,721 21,907
OTHER COMPREHENSIVE INCOME (LOSS)        
Change in unrealized gains/losses on securities, net of reclassifications 5,045 1,262 8,233 5,300
Change in funded status of post retirement benefits 184 304 367 608
COMPREHENSIVE INCOME (LOSS) $ 13,581 $ 9,798 $ 26,321 $ 27,815
PER SHARE DATA        
Basic and Diluted Earnings per Share (in dollars per share) $ 0.68 $ 0.68 $ 1.45 $ 1.76
Weighted average number of shares outstanding (in thousands) 12,224 12,236 12,221 12,441