Merger (Tables)

3 Months Ended

Mar. 31, 2015

Business Combinations [Abstract]

Schedule of Financial Information for Former TCNB Financial Corp Included in Consolidated Statement of Income

The following table presents financial information for the former TCNB Financial Corp. included in the Consolidated Statements of Income from the date of acquisition through March 31, 2015.

	Actual From Acquisition Date Through March 31, 2015 (in thousands)
Net interest income after provision for loan losses	$	252
Noninterest income		11
Net income	$	48

Business Acquisition Pro Forma Information

The following table presents unaudited pro forma information as if the acquisition of TCNB had occurred on January 1, 2014. This table has been prepared for comparative purposes only and is not indicative of the actual results that would have been attained had the acquisition occurred as of the beginning of the periods presented, nor is it indicative of future results.

	Pro Formas
	Three months ended March 31,
	2015		2014
Net interest income after provision for loan losses	$	11,508	$	10,462
Noninterest income		4,834		4,713
Net income	$	2,598	$	2,910
Pro forma earnings per share:
Basic	$	0.28	$	0.29
Diluted	$	0.24	$	0.24

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the date of acquisition for TCNB. Core deposit intangibles and other intangibles will be amortized over periods of between five and ten years using an accelerated method. Goodwill will not be amortized, but instead will be evaluated for impairment.

	At March 6, 2015
Total purchase price				$	17,226
Net assets acquired:
Cash and short-term investments		18,152
Loans, net		76,830
Other securities		716
Premises and equipment		1,739
Accrued interest receivable		194
Goodwill		5,121
Core deposit intangible		1,009
Other assets		1,265
Noninterest-bearing deposits		(18,263	)
Interest-bearing deposits		(68,606	)
Other liabilities		(5	)
					18,152
Cash acquired in acquisition				$	926