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PARENT COMPANY FINANCIAL INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract] |
Schedule of condensed statements of financial condition of the parent company |
(Dollars in Thousands, Except Per Share Data) | 2017 |  | 2016
ASSETS |  |  |  |  |
Cash and Due From Subsidiary Bank | $ | 17,515 |  | $ | 9,618
Investment in Subsidiary Bank |  | 327,416 |  |  | 325,337
Other Assets |  | 5,112 |  |  | 5,563
Total Assets | $ | 350,043 |  | $ | 340,518
LIABILITIES |  |  |  |  |
Short-Term Borrowings | $ | - |  | $ | 3,000
Long-Term Borrowings |  | 2,700 |  |  | -
Subordinated Notes Payable |  | 52,887 |  |  | 52,887
Other Liabilities |  | 10,246 |  |  | 9,463
Total Liabilities |  | 65,833 |  |  | 65,350
SHAREOWNERS’ EQUITY |  |  |  |  |
Common Stock, $.01 par value; 90,000,000 shares authorized; 16,988,951 and 16,844,698 shares issued and outstanding at December 31, 2017 and December 31, 2016, respectively |  | 170 |  |  | 168
Additional Paid-In Capital |  | 36,674 |  |  | 34,188
Retained Earnings |  | 279,410 |  |  | 267,037
Accumulated Other Comprehensive Loss, Net of Tax |  | (32,044) |  |  | (26,225)
Total Shareowners’ Equity |  | 284,210 |  |  | 275,168
Total Liabilities and Shareowners’ Equity | $ | 350,043 |  | $ | 340,518
Schedule of operating results of the parent company |
(Dollars in Thousands) |  | 2017 |  | 2016 |  | 2015
OPERATING INCOME |  |  |  |  |  |  |  |  |
Income Received from Subsidiary Bank: |  |  |  |  |  |  |  |  |
Overhead Fees |  | $ | 4,813 |  | $ | 4,700 |  | $ | 4,604
Dividends |  |  | 12,000 |  |  | 9,300 |  |  | 9,200
Other Income |  |  | 124 |  |  | 2,675 |  |  | 424
Total Operating Income |  |  | 16,937 |  |  | 16,675 |  |  | 14,228
OPERATING EXPENSE |  |  |  |  |  |  |  |  |
Salaries and Associate Benefits |  |  | 4,384 |  |  | 4,247 |  |  | 3,395
Interest on Subordinated Notes Payable |  |  | 1,761 |  |  | 1,527 |  |  | 1,368
Professional Fees |  |  | 1,072 |  |  | 1,114 |  |  | 1,078
Advertising |  |  | 130 |  |  | 160 |  |  | 105
Legal Fees |  |  | 140 |  |  | 167 |  |  | 168
Other |  |  | 737 |  |  | 718 |  |  | 699
Total Operating Expense |  |  | 8,224 |  |  | 7,933 |  |  | 6,813
Earnings Before Income Taxes and Equity in Undistributed |  |  |  |  |  |  |  |  |
Earnings of Subsidiary Bank |  | 8,713 |  |  | 8,742 |  |  | 7,415
Income Tax Expense (Benefit) |  |  | 166 |  |  | (1,492) |  |  | (342)
Earnings Before Equity in Undistributed Earnings of Subsidiary Bank |  |  | 8,547 |  |  | 10,234 |  |  | 7,757
Equity in Undistributed Earnings of Subsidiary Bank |  |  | 2,316 |  |  | 1,512 |  |  | 1,359
Net Income |  | $ | 10,863 |  | $ | 11,746 |  | $ | 9,116
Schedule of cash flows for the parent company |
(Dollars in Thousands) |  | 2017 |  | 2016 |  | 2015
CASH FLOWS FROM OPERATING ACTIVITIES: |  |  |  |  |  |  |  |  |
Net Income |  | $ | 10,863 |  | $ | 11,746 |  | $ | 9,116
Adjustments to Reconcile Net Income to Net Cash Provided By Operating Activities: |  |  |  |  |  |  |  |  |
Equity in Undistributed Earnings of Subsidiary Bank |  |  | (2,316) |  |  | (1,512) |  |  | (1,359)
Stock Compensation |  |  | 1,502 |  |  | 1,260 |  |  | 1,109
Gain on Retirement of Trust Preferred Securities |  |  | - |  |  | (2,487) |  |  | -
Decrease (Increase) in Other Assets |  |  | 450 |  |  | (399) |  |  | 191
Increase in Other Liabilities |  |  | 960 |  |  | 345 |  |  | 444
Net Cash Provided By Operating Activities |  |  | 11,459 |  |  | 8,953 |  |  | 9,501
CASH FROM FINANCING ACTIVITIES: |  |  |  |  |  |  |  |  |
Redemption of Subordinated Notes |  |  | - |  |  | (7,500) |  |  | -
Proceeds from Short-Term Borrowings |  |  | - |  |  | 3,750 |  |  | -
Repayment of Short-Term Borrowings |  |  | - |  |  | (750) |  |  | -
Repayment of Long-Term Borrowings |  |  | (300) |  |  | - |  |  | -
Dividends Paid |  |  | (4,071) |  |  | (2,890) |  |  | (2,241)
Issuance of Common Stock Under Compensation Plans |  |  | 809 |  |  | 840 |  |  | 507
Payments to Repurchase Common Stock |  |  | - |  |  | (6,312) |  |  | (5,981)
Net Cash Used In Financing Activities |  |  | (3,562) |  |  | (12,862) |  |  | (7,715)
Net Increase (Decrease) in Cash |  |  | 7,897 |  |  | (3,909) |  |  | 1,786
Cash at Beginning of Year |  |  | 9,618 |  |  | 13,527 |  |  | 11,741
Cash at End of Year |  | $ | 17,515 |  | $ | 9,618 |  | $ | 13,527

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