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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income        
Loans $ 11,997 $ 12,572 $ 23,878 $ 24,620
Securities held-to-maturity 1,419 1,924 2,939 3,387
Securities available-for-sale 5,571 5,668 11,188 11,383
Federal funds sold and interest-bearing deposits in other banks 145 148 264 287
Total interest income 19,132 20,312 38,269 39,677
Interest expense        
Savings and NOW deposits 649 560 1,259 1,087
Money market accounts 582 618 1,114 1,230
Time deposits 1,234 1,600 2,568 3,281
Securities sold under agreements to repurchase 89 88 179 180
Other borrowed funds and subordinated debentures 2,066 2,057 4,092 4,108
Total interest expense 4,620 4,923 9,212 9,886
Net interest income 14,512 15,389 29,057 29,791
Provision for loan losses 750 900 1,500 2,000
Net interest income after provision for loan losses 13,762 14,489 27,557 27,791
Other operating income        
Service charges on deposit accounts 2,034 1,922 3,976 3,910
Lockbox fees 838 781 1,610 1,480
Net gains on sales of investments 781 442 1,664 590
Gains on sales of mortgage loans held for sale 821 131 991 131
Other income 747 712 1,414 1,496
Total other operating income 5,221 3,988 9,655 7,607
Operating expenses        
Salaries and employee benefits 8,382 8,191 17,000 16,332
Occupancy 1,193 1,176 2,475 2,298
Equipment 610 544 1,192 1,127
FDIC assessments 450 445 850 852
Other 3,027 3,095 5,610 5,642
Total operating expenses 13,662 13,451 27,127 26,251
Income before income taxes 5,321 5,026 10,085 9,147
Provision for income taxes 295 255 583 568
Net income 5,026 4,771 9,502 8,579
Class A Common Stock [Member]
       
Operating expenses        
Net income 3,935 3,727 7,437 6,702
Share data:        
Weighted average number of shares outstanding, basic 3,574,379 3,556,474 3,571,963 3,553,734
Weighted average number of shares outstanding, diluted 5,557,354 5,548,830 5,557,655 5,547,237
Basic earnings per share $ 1.10 $ 1.05 $ 2.08 $ 1.89
Diluted earnings per share $ 0.90 $ 0.86 $ 1.71 $ 1.55
Class B Common Stock [Member]
       
Operating expenses        
Net income $ 1,091 $ 1,044 $ 2,065 $ 1,877
Share data:        
Weighted average number of shares outstanding, basic 1,982,180 1,991,880 1,984,530 1,992,818
Weighted average number of shares outstanding, diluted 1,982,180 1,991,880 1,984,530 1,992,818
Basic earnings per share $ 0.55 $ 0.52 $ 1.04 $ 0.94
Diluted earnings per share $ 0.55 $ 0.52 $ 1.04 $ 0.94