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Consolidated Statement of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
INTEREST AND DIVIDEND INCOME:      
Interest and fees on loans $ 29,770 $ 29,916 $ 31,042
Interest-bearing deposits with banks 21 81 90
Investment securities:      
Taxable 4,521 4,575 4,876
Nontaxable 3,702 3,666 2,945
Dividends 71 55 47
TOTAL INTEREST AND DIVIDEND INCOME 38,085 38,293 39,000
INTEREST EXPENSE:      
Deposits 6,113 7,944 9,560
Borrowed funds 1,546 1,739 1,780
TOTAL INTEREST EXPENSE 7,659 9,683 11,340
NET INTEREST INCOME 30,426 28,610 27,660
Provision for loan losses 420 675 1,255
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 30,006 27,935 26,405
NON-INTEREST INCOME:      
Service charges 4,475 4,380 3,997
Trust 644 665 542
Brokerage and insurance 392 352 439
Investment securities gains, net 604 334 99
Gains on loans sold 759 208 341
Earnings on bank owned life insurance 507 498 504
Other 456 479 374
TOTAL NON-INTEREST INCOME 7,837 6,916 6,296
NON-INTEREST EXPENSES:      
Salaries and employee benefits 11,018 9,996 9,850
Occupancy 1,265 1,331 1,219
Furniture and equipment 411 449 454
Professional fees 891 744 681
Federal depository insurance 468 592 950
Pennsylvania shares tax 602 541 540
Other 4,642 4,756 4,349
TOTAL NON-INTEREST EXPENSES 19,297 18,409 18,043
Income before provision for income taxes 18,546 16,442 14,658
Provision for income taxes 4,331 3,610 3,156
NET INCOME $ 14,215 $ 12,832 $ 11,502
PER COMMON SHARE DATA:      
NET INCOME - BASIC (in dollars per share) $ 4.88 $ 4.36 $ 3.90
NET INCOME - DILUTED (in dollars per share) $ 4.88 $ 4.36 $ 3.90
CASH DIVIDENDS PER SHARE (in dollars per share) $ 1.58 $ 1.15 $ 1.07