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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) [Abstract]    
NET INCOME $ 4,838 $ 4,009
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIES    
Provision for loan losses 250 250
Depreciation and amortization 554 565
Stock-based compensation - net 224 222
Net amortization of premiums 283 297
Originations of mortgage loans held for sale (8,464) (9,314)
Proceeds from sale of mortgage loans originated for sale 9,632 9,281
Gain on sale of mortgage loans originated for sale (74) (144)
Gain on sale of portfolio loans 0 (198)
Decrease (increase) in other intangibles 30 (52)
Deferred tax expense 483 99
Increase in accrued interest and loan fees receivable (711) (806)
(Increase) decrease in other assets (598) 708
Adjustment to unfunded pension liability (12) (111)
Decrease in other liabilities (3,368) (3,626)
Income from bank-owned life insurance (346) (309)
Net gain on sale of securities available for sale (6) (26)
Net cash provided by operating activities 2,715 845
CASH FLOWS FROM INVESTING ACTIVITIES    
Principal payments on investment securities - available for sale 3,513 1,413
Proceeds from sale of investment securities - available for sale 0 531
Maturities and calls of investment securities - available for sale 9,200 6,705
Purchases of investment securities - available for sale (12,388) 0
Maturities and calls of investment securities - held to maturity 14,625 117
Decrease in Federal Reserve and Federal Home Loan Bank stock and other investments 225 1,800
Proceeds from sale of portfolio loans 0 23,986
Loan originations - net (82,281) (26,810)
Purchases of premises and equipment - net (709) (143)
Net cash (used in) provided by investing activities (67,815) 7,599
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposit accounts 89,746 35,612
Net decrease in short-term borrowings (5,000) (40,000)
Proceeds from stock options exercised 0 19
Cash dividends paid on common stock (1,182) (700)
Proceeds from shares issued under the dividend reinvestment plan 666 161
Decrease in capital lease payable (30) (28)
Net cash provided by (used in) financing activities 84,200 (4,936)
NET INCREASE IN CASH AND CASH EQUIVALENTS 19,100 3,508
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 98,086 55,516
CASH AND CASH EQUIVALENTS, END OF PERIOD 117,186 59,024
SUPPLEMENTAL DATA:    
Interest paid 1,105 681
Income taxes paid 828 340
Loans transferred to OREO $ 650 $ 0