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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest and Dividend Income:      
Interest and fees on loans $ 59,966 $ 55,276 $ 47,971
Interest and dividends on securities:      
Taxable 6,106 4,666 4,454
Tax-exempt 1,502 2,043 3,135
Dividends 321 319 334
Other interest income 873 734 276
Total interest and dividend income 68,768 63,038 56,170
Interest Expense:      
Interest on deposits 8,086 5,794 5,103
Interest on short-term borrowings 186 173 10
Interest on long-term borrowings 0 296 325
Interest on junior subordinated debt 1,402 1,028 878
Total interest expense 9,674 7,291 6,316
Net Interest Income 59,094 55,747 49,854
Provision for (recovery of) loan losses (103) 1,016 250
Net Interest Income after Provision for Loan Losses 59,197 54,731 49,604
Noninterest Income:      
Trust fees 3,783 3,926 3,791
Service charges on deposit accounts 2,455 2,426 2,467
Other fees and commissions 2,637 2,471 2,261
Mortgage banking income 1,862 2,208 1,713
Securities gains, net 123 812 836
Brokerage fees 795 829 843
Income from Small Business Investment Companies 637 236 463
Gains (losses) on premises and equipment, net 60 344 (9)
Other 922 975 1,140
Total noninterest income 13,274 14,227 13,505
Noninterest Expense:      
Salaries 20,509 19,829 17,568
Employee benefits 4,370 4,274 3,829
Occupancy and equipment 4,378 4,487 4,246
FDIC assessment 537 538 647
Bank franchise tax 1,054 1,072 995
Core deposit intangible amortization 265 528 964
Data processing 1,691 2,014 1,828
Software 1,279 1,144 1,143
Other real estate owned, net 122 303 336
Merger related expenses 872 0 0
Other 9,169 8,694 8,245
Total noninterest expense 44,246 42,883 39,801
Income Before Income Taxes 28,225 26,075 23,308
Income Taxes 5,646 10,826 7,007
Net Income $ 22,579 $ 15,249 $ 16,301
Net Income Per Common Share:      
Basic (in dollars per share) $ 2.60 $ 1.76 $ 1.89
Diluted (in dollars per share) $ 2.59 $ 1.76 $ 1.89
Average Common Shares Outstanding:      
Basic (in shares) 8,698,014 8,641,717 8,611,507
Diluted (in shares) 8,708,462 8,660,628 8,621,241