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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest and Dividend Income:      
Interest and fees on loans $ 55,276 $ 47,971 $ 46,860
Interest on federal funds sold 0 0 6
Interest and dividends on securities:      
Taxable 4,666 4,454 4,072
Tax-exempt 2,043 3,135 3,681
Dividends 319 334 346
Other interest income 734 276 204
Total interest and dividend income 63,038 56,170 55,169
Interest Expense:      
Interest on deposits 5,794 5,103 4,811
Interest on short-term borrowings 173 10 9
Interest on long-term borrowings 296 325 324
Interest on junior subordinated debt 1,028 878 760
Total interest expense 7,291 6,316 5,904
Net Interest Income 55,747 49,854 49,265
Provision for Loan Losses 1,016 250 950
Net Interest Income after Provision for Loan Losses 54,731 49,604 48,315
Noninterest Income:      
Trust fees 3,926 3,791 3,935
Service charges on deposit accounts 2,002 2,048 2,066
Other fees and commissions 2,895 2,680 2,377
Mortgage banking income 2,208 1,713 1,320
Securities gains, net 812 836 867
Brokerage fees 829 843 946
Income from Small Business Investment Companies 236 463 912
Gains (losses) on premises and equipment, net 344 (9) 11
Other 975 1,140 853
Total noninterest income 14,227 13,505 13,287
Noninterest Expense:      
Salaries 19,829 17,568 16,554
Employee benefits 4,519 4,264 4,311
Occupancy and equipment 4,487 4,246 4,425
FDIC assessment 538 647 750
Bank franchise tax 1,072 995 898
Core deposit intangible amortization 528 964 1,201
Data processing 2,014 1,828 1,725
Software 1,144 1,143 1,158
Other real estate owned, net 303 336 99
Merger related expenses 0 0 1,998
Other 8,449 7,810 7,424
Total noninterest expense 42,883 39,801 40,543
Income Before Income Taxes 26,075 23,308 21,059
Income Taxes 10,826 7,007 6,020
Net Income $ 15,249 $ 16,301 $ 15,039
Net Income Per Common Share:      
Basic (in dollars per share) $ 1.76 $ 1.89 $ 1.73
Diluted (in dollars per share) $ 1.76 $ 1.89 $ 1.73
Average Common Shares Outstanding:      
Basic (in shares) 8,641,717 8,611,507 8,680,502
Diluted (in shares) 8,660,628 8,621,241 8,688,450