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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Interest and Dividend Income:        
Interest and fees on loans $ 9,687 $ 11,358 $ 19,534 $ 22,753
Interest and dividends on securities:        
Taxable 968 851 1,932 1,729
Tax-exempt 1,016 1,045 2,051 2,097
Dividends 74 54 149 109
Other interest income 35 39 68 68
Total interest and dividend income 11,780 13,347 23,734 26,756
Interest Expense:        
Interest on deposits 1,161 1,369 2,390 2,805
Interest on short-term borrowings 2 14 4 35
Interest on long-term borrowings 81 82 161 164
Interest on trust preferred capital notes 185 189 369 377
Total interest expense 1,429 1,654 2,924 3,381
Net Interest Income 10,351 11,693 20,810 23,375
Provision for Loan Losses 150 0 150 294
Net Interest Income After Provision for Loan Losses 10,201 11,693 20,660 23,081
Noninterest Income:        
Trust fees 1,017 944 2,139 1,532
Service charges on deposit accounts 431 429 844 838
Other fees and commissions 493 463 937 922
Mortgage banking income 275 531 538 1,249
Securities gains, net 150 1 189 199
Other 334 318 756 716
Total noninterest income 2,700 2,686 5,403 5,456
Noninterest Expense:        
Salaries 3,638 3,503 7,176 6,942
Employee benefits 847 867 1,822 1,766
Occupancy and equipment 910 872 1,846 1,788
FDIC assessment 165 161 329 322
Bank franchise tax 231 185 453 372
Core deposit intangible amortization 330 421 661 841
Data processing 345 310 693 587
Software Expense 235 249 497 461
Foreclosed real estate, net (9) 193 7 436
Other 1,673 1,667 3,304 3,231
Total noninterest expense 8,365 8,428 16,788 16,746
Income Before Income Taxes 4,536 5,951 9,275 11,791
Income Taxes 1,303 1,741 2,592 3,430
Net Income $ 3,233 $ 4,210 $ 6,683 $ 8,361
Net Income Per Common Share:        
Basic (in dollars per share) $ 0.41 $ 0.54 $ 0.85 $ 1.06
Diluted (in dollars per share) $ 0.41 $ 0.53 $ 0.85 $ 1.06
Average Common Shares Outstanding:        
Basic (in shares) 7,872,079 7,867,222 7,886,232 7,862,719
Diluted (in shares) 7,879,854 7,876,969 7,896,541 7,872,351