XML 21 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest and dividend income      
Interest and fees on loans $ 30,798 $ 29,546 $ 31,558
Interest and dividends on investment securities      
Taxable 6,697 8,052 4,300
Tax-exempt 1,059 550 1,066
Short term investments 81 35 174
Total interest and dividend income 38,635 38,183 37,098
Interest expense      
Interest on deposits 3,606 3,678 4,445
Interest on short-term borrowings 295 148 61
Interest on long-term debt 400 333 505
Total interest expense 4,301 4,159 5,011
Net interest income 34,334 34,024 32,087
Provision for loan losses (603) (3,900) (3,150)
Net interest income after provision for loan losses 34,937 37,924 35,237
Noninterest income      
Service charges on deposit accounts 5,226 5,415 5,716
Other service charges, commissions and fees 1,223 1,033 1,070
Trust department income 4,598 4,687 4,770
Brokerage income 2,025 2,150 1,911
Mortgage banking activities 2,747 2,207 3,053
Earnings on life insurance 1,025 950 963
Other income (loss) 410 477 (7)
Investment securities gains 1,924 1,935 332
Total noninterest income 19,178 18,854 17,808
Noninterest expenses      
Salaries and employee benefits 24,056 23,658 22,954
Occupancy 2,221 2,251 2,055
Furniture and equipment 3,061 3,328 3,446
Data processing 2,026 1,866 682
Telephone and communication 692 569 451
Automated teller and interchange fees 798 865 1,054
Advertising and bank promotions 1,564 1,195 1,251
FDIC insurance 859 1,621 2,577
Legal 1,440 705 793
Other professional services 1,262 1,580 1,462
Directors' compensation 737 624 622
Collection and problem loan 447 729 674
Real estate owned 162 300 137
Taxes other than income 916 562 939
Intangible asset amortization 207 208 210
Other operating expenses 4,159 3,707 3,940
Total noninterest expenses 44,607 43,768 43,247
Income before income tax expense (benefit) 9,508 13,010 9,798
Income tax expense (benefit) 1,634 (16,132) (206)
Net income $ 7,874 $ 29,142 $ 10,004
Per share information:      
Basic earnings per share (usd per share) $ 0.97 $ 3.59 $ 1.24
Diluted earnings per share (usd per share) 0.97 3.59 1.24
Dividends per share (usd per share) $ 0.22 $ 0 $ 0