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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest Income    
Interest and fees on loans $ 16,780 $ 17,795
Interest on U.S. government and sponsored enterprise obligations 4,230 4,276
Interest on state and political subdivision obligations 294 305
Interest on federal funds sold and other investments 89 50
Total interest income 21,393 22,426
Interest Expense    
Interest on deposits 1,551 1,819
Interest on borrowings 807 818
Interest on junior subordinated debentures 625 621
Total interest expense 2,983 3,258
Net interest income 18,410 19,168
Provision for credit losses 493 674
Net interest income after provision for credit losses 17,917 18,494
Non-Interest Income    
Service charges on deposit accounts 1,469 1,684
Other service charges and fees 1,395 1,429
Income from fiduciary services 1,184 1,143
Brokerage and insurance commissions 478 412
Bank-owned life insurance 306 338
Mortgage banking income, net 72 574
Net gain on sale of securities 166 138
Other income 615 618
Total non-interest income 5,685 6,336
Non-Interest Expense    
Salaries and employee benefits 7,980 8,361
Furniture, equipment and data processing 1,789 1,604
Net occupancy 1,380 1,552
Consulting and professional fees 518 547
Other real estate owned and collection costs 513 888
Regulatory assessments 481 499
Amortization of intangible assets 287 288
Branch Acquisition costs 0 161
Other expenses 2,177 2,600
Total non-interest expense 15,125 16,500
Income before income taxes 8,477 8,330
Income Taxes 2,762 2,668
Net Income $ 5,715 $ 5,662
Per Share Data    
Basic earnings per share $ 0.76 $ 0.74
Diluted earnings per share $ 0.75 $ 0.74
Weighted average number of common shares outstanding 7,528,751 7,627,691
Diluted weighted average number of common shares outstanding 7,551,785 7,643,267