Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2014

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

2014 Quarters	Fourth		Third		Second		First
(in thousands, except share data)
Interest income	$	21,062	$	21,624	$	21,554	$	21,131
Interest expense		4,840		4,879		4,800		4,617
Net interest income		16,222		16,745		16,754		16,514
Provision for loan losses		400		600		450		600
Net interest income after provision for loan losses		15,822		16,145		16,304		15,914
Other operating income		4,428		3,758		3,615		3,470
Operating expenses		14,506		13,976		14,089		14,159
Income before income taxes		5,744		5,927		5,830		5,225
Provision for income taxes		121		221		231		293
Net income	$	5,623	$	5,706	$	5,599	$	4,932
Share data:
Average shares outstanding, basic
Class A		3,600,664		3,594,583		3,589,125		3,582,421
Class B		1,967,180		1,967,180		1,967,580		1,974,180
Average shares outstanding, diluted
Class A		5,567,855		5,563,278		5,558,032		5,558,177
Class B		1,976,180		1,967,180		1,967,580		1,974,180
Earnings per share, basic
Class A	$	1.23	$	1.25	$	1.22	$	1.08
Class B	$	0.61	$	0.62	$	0.61	$	0.54
Earnings per share, diluted
Class A	$	1.01	$	1.03	$	1.01	$	0.89
Class B	$	0.61	$	0.62	$	0.61	$	0.54

2013 Quarters	Fourth		Third		Second		First
(in thousands, except share data)
Interest income	$	20,947	$	20,549	$	19,132	$	19,137
Interest expense		4,842		4,751		4,620		4,592
Net interest income		16,105		15,798		14,512		14,545
Provision for loan losses		460		750		750		750
Net interest income after provision for loan losses		15,645		15,048		13,762		13,795
Other operating income		4,186		4,774		5,221		4,434
Operating expenses		14,690		13,995		13,662		13,465
Income before income taxes		5,141		5,827		5,321		4,764
Provision for income taxes		116		308		295		288
Net income	$	5,025	$	5,519	$	5,026	$	4,476
Share data:
Average shares outstanding, basic
Class A		3,580,404		3,578,400		3,574,379		3,569,546
Class B		1,976,180		1,978,180		1,982,180		1,986,880
Average shares outstanding, diluted
Class A		5,557,419		5,558,031		5,557,354		5,557,365
Class B		1,976,180		1,978,180		1,982,180		1,986,880
Earnings per share, basic
Class A	$	1.10	$	1.21	$	1.10	$	0.98
Class B	$	0.55	$	0.60	$	0.55	$	0.49
Earnings per share, diluted
Class A	$	0.90	$	0.99	$	0.90	$	0.81
Class B	$	0.55	$	0.60	$	0.55	$	0.49