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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest income        
Loans, including fees $ 7,477 $ 7,648 $ 14,853 $ 15,159
Interest and dividends on investments:        
Taxable interest 613 661 1,248 1,302
Tax exempt interest 408 376 817 734
Dividend income 8 31 60 56
Deposits and obligations of other banks 72 45 127 84
Total interest income 8,578 8,761 17,105 17,335
Interest expense        
Deposits 619 694 1,260 1,396
Securities sold under agreements to repurchase   2   9
Long-term debt   121   242
Total interest expense 619 817 1,260 1,647
Net interest income 7,959 7,944 15,845 15,688
Provision for loan losses 310 266 635 464
Net interest income after provision for loan losses 7,649 7,678 15,210 15,224
Noninterest income        
Investment and trust services fees 1,388 1,101 2,651 2,192
Loan service charges 297 250 471 418
Mortgage banking activities 17 19 25 32
Deposit service charges and fees 586 525 1,077 990
Other service charges and fees 311 317 607 584
Debit card income 356 337 675 643
Increase in cash surrender value of life insurance 140 144 279 286
Other real estate owned (losses) gains, net   (62) 32 (185)
Other 13 10 237 62
OTTI losses recognized in earnings     (20)  
Gain on conversion     728  
Securities gains, net 8 221 8 221
Total noninterest income 3,116 2,862 6,770 5,243
Noninterest expense        
Salaries and employee benefits 4,203 4,107 8,286 8,357
Net occupancy expense 556 586 1,172 1,262
Furniture and equipment expense 239 237 470 491
Advertising 283 270 471 586
Legal and professional fees 203 353 499 618
Data processing 556 493 1,023 884
Pennsylvania bank shares tax 206 173 402 347
Intangible amortization 90 104 181 207
FDIC insurance 160 222 308 454
ATM/debit card processing 186 178 373 357
Other 977 892 1,965 1,741
Total noninterest expense 7,659 7,615 15,150 15,304
Income before federal income taxes 3,106 2,925 6,830 5,163
Federal income tax expense 632 606 1,472 1,018
Net income $ 2,474 $ 2,319 $ 5,358 $ 4,145
Per share        
Basic earnings per share $ 0.58 $ 0.55 $ 1.27 $ 0.99
Diluted earnings per share 0.58 0.55 1.26 0.99
Cash dividends declared $ 0.19 $ 0.17 $ 0.36 $ 0.34