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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Interest income        
Loans $ 12,856 $ 14,494 $ 36,734 $ 39,114
Securities held-to-maturity 6,181 1,744 9,120 5,131
Securities available-for-sale 1,392 5,671 12,580 17,054
Federal funds sold and interest-bearing deposits in other banks 120 170 384 457
Total interest income 20,549 22,079 58,818 61,756
Interest expense        
Savings and NOW deposits 674 562 1,933 1,649
Money market accounts 681 603 1,795 1,833
Time deposits 1,089 1,493 3,657 4,774
Securities sold under agreements to repurchase 89 94 268 274
Other borrowed funds and subordinated debentures 2,218 2,107 6,310 6,215
Total interest expense 4,751 4,859 13,963 14,745
Net interest income 15,798 17,220 44,855 47,011
Provision for loan losses 750 1,250 2,250 3,250
Net interest income after provision for loan losses 15,048 15,970 42,605 43,761
Other operating income        
Service charges on deposit accounts 2,064 1,977 6,040 5,887
Lockbox fees 736 745 2,346 2,225
Net gains on sales of investments 1,001 529 2,665 1,119
Gains on sales of mortgage loans held for sale 247 166 1,238 296
Other income 726 688 2,140 2,185
Total other operating income 4,774 4,105 14,429 11,712
Operating expenses        
Salaries and employee benefits 8,858 8,400 25,858 24,732
Occupancy 1,240 1,161 3,715 3,459
Equipment 554 627 1,746 1,754
FDIC assessments 462 450 1,312 1,302
Other 2,881 3,070 8,491 8,712
Total operating expenses 13,995 13,708 41,122 39,959
Income before income taxes 5,827 6,367 15,912 15,514
Provision for income taxes 308 685 891 1,253
Net income 5,519 5,682 15,021 14,261
Class A Common Stock [Member]
       
Operating expenses        
Net income 4,324 4,441 11,760 11,142
Share data:        
Weighted average number of shares outstanding, basic 3,578,400 3,559,125 3,574,109 3,555,536
Weighted average number of shares outstanding, diluted 5,558,031 5,549,810 5,557,783 5,548,133
Basic earnings per share $ 1.21 $ 1.25 $ 3.29 $ 3.13
Diluted earnings per share $ 0.99 $ 1.02 $ 2.70 $ 2.57
Class B Common Stock [Member]
       
Operating expenses        
Net income $ 1,195 $ 1,241 $ 3,261 $ 3,119
Share data:        
Weighted average number of shares outstanding, basic 1,978,180 1,989,380 1,982,413 1,991,671
Weighted average number of shares outstanding, diluted 1,978,180 1,989,380 1,982,413 1,991,671
Basic earnings per share $ 0.60 $ 0.62 $ 1.64 $ 1.57
Diluted earnings per share $ 0.60 $ 0.62 $ 1.64 $ 1.57