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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest income:    
Loans (including fee income)$ 9,555$ 7,660$ 26,074$ 22,248
Mortgage-backed securities and collateralized mortgage obligations2,2812,3506,9827,257
State and municipal obligations6977092,1241,971
U.S. GSE securities7125741,5261,519
Corporate Bonds1774655046
Federal funds sold   5
Deposits with banks32249143
Other interest and dividend income17145343
Total interest income13,47111,37737,40033,132
Interest expense:    
Savings, NOW and money market deposits9869192,9772,699
Certificates of deposit of $100,000 or more354279841943
Other time deposits132262385857
Federal funds purchased and repurchase agreements136136405385
Junior Subordinated Debentures3413411,0251,023
Total interest expense1,9491,9375,6335,907
Net interest income11,5229,44031,76727,225
Provision for loan losses1,4506003,0502,600
Net interest income after provision for loan losses10,0728,84028,71724,625
Non interest income:    
Service charges on deposit accounts7767212,3422,125
Fees for other customer services7616931,8161,572
Title fee income200244667817
Net securities gains  1351,303
Other operating income29158587
Total non interest income1,7661,6735,0455,904
Non interest expense:    
Salaries and employee benefits4,8154,11113,38911,926
Net occupancy expense7986662,3032,096
Furniture and fixture expense304243918824
FDIC assessments134343635917
Acquisition costs109 728 
Amortization of core deposit intangible16 24 
Other operating expenses1,6481,6945,0194,894
Total non interest expense7,8247,05723,01620,657
Income before income taxes4,0143,45610,7469,872
Income tax expense1,2411,0743,3373,111
Net income2,7732,3827,4096,761
Basic earnings per share (in dollars per share)$ 0.41$ 0.38$ 1.12$ 1.07
Diluted earnings per share (in dollars per share)$ 0.41$ 0.38$ 1.12$ 1.07
Comprehensive Income$ 4,721$ 2,498$ 10,129$ 7,444