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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest and dividend income:    
Loans, including fees $ 12,246 $ 11,903
Taxable securities 1,437 1,089
Tax exempt securities 254 219
Interest-bearing deposits 12 23
Total interest and dividend income 13,949 13,234
Interest expense    
Deposits 507 486
Securities sold under agreements to repurchase 211 209
Borrowed funds 206 197
Total interest expense 924 892
Net interest income 13,025 12,342
Provision for loan losses 595 390
Net interest income after provision for loan losses 12,430 11,952
Other operating income:    
WMG fee income 2,012 2,126
Service charges on deposit accounts 1,135 1,138
Interchange revenue from debit card transactions 893 809
Net gains on securities transactions 908 50
Net gains on sales of loans held for sale 61 52
Net gains (losses) on sales of other real estate owned (5) 78
Income from bank owned life insurance 18 18
Other 579 915
Total other operating income 5,601 5,186
Other operating expenses:    
Salaries and wages 5,183 5,100
Pension and other employee benefits 1,675 1,729
Net occupancy expenses 1,906 1,850
Furniture and equipment expenses 772 733
Data processing expense 1,714 1,561
Professional services 341 269
Amortization of intangible assets 258 304
Marketing and advertising expenses 222 235
Other real estate owned expenses 52 84
FDIC insurance 294 286
Loan expense 112 140
Other 1,479 1,445
Total other operating expenses 14,008 13,736
Income before income tax expense 4,023 3,402
Income tax expense 1,316 1,126
Net income $ 2,707 $ 2,276
Weighted average shares outstanding (in shares) 4,750 4,707
Basic and diluted earnings per share (in dollars per share) $ 0.57 $ 0.48