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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, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
INTEREST INCOME:        
Loans, including related fees $ 24,778 $ 22,325 $ 48,401 $ 44,266
Securities:        
Taxable 5,947 3,630 9,540 7,387
Tax-exempt 1,860 1,843 3,700 3,670
Other 318 330 639 651
TOTAL INTEREST INCOME 32,903 28,128 62,280 55,974
INTEREST EXPENSE:        
Deposits 2,125 1,471 3,889 2,746
Short-term borrowings 88 73 187 117
Other borrowings 6 24 47 44
TOTAL INTEREST EXPENSE 2,219 1,568 4,123 2,907
NET INTEREST INCOME 30,684 26,560 58,157 53,067
Provision for loan losses 1,355 1,040 2,828 2,636
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 29,329 25,520 55,329 50,431
NON-INTEREST INCOME:        
Trust and financial services 1,340 1,149 2,755 2,466
Service charges and fees on deposit accounts 2,846 3,004 5,731 5,781
Other service charges and fees 3,347 3,114 6,491 6,299
Net securities gains (losses) 2 15 2 17
Other Operating Income 4,158   4,158 3,061
Insurance commissions   0    
Gain on sales of mortgage loans 500 393 840 720
Other 768 438 1,087 818
TOTAL NON-INTEREST INCOME 12,961 8,113 21,064 19,162
NON-INTEREST EXPENSE:        
Salaries and employee benefits 12,578 12,218 25,543 25,293
Occupancy expense 1,633 1,761 3,414 3,529
Equipment expense 1,650 1,835 3,343 3,632
FDIC Expense 223 228 450 461
Other 6,599 6,046 13,144 11,750
TOTAL NON-INTEREST EXPENSE 22,683 22,088 45,894 44,665
INCOME BEFORE INCOME TAXES 19,607 11,545 30,499 24,928
Income tax expense 4,346 3,193 6,285 7,207
NET INCOME 15,261 8,352 24,214 17,721
OTHER COMPREHENSIVE INCOME (LOSS)        
Change in unrealized gains/losses on securities, net of reclassifications (4,682) 5,045 (11,883) 8,233
Change in funded status of post retirement benefits 281 184 (2,302) 367
COMPREHENSIVE INCOME (LOSS) $ 10,860 $ 13,581 $ 10,029 $ 26,321
PER SHARE DATA        
Basic and Diluted Earnings per Share (in dollars per share) $ 1.25 $ 0.68 $ 1.98 $ 1.45
Weighted average number of shares outstanding (in thousands) 12,255 12,224 12,252 12,221