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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest income:        
Interest and fees on loans $ 20,446 $ 20,230 $ 40,583 $ 40,497
Interest and dividends on investment securities 5,513 4,653 10,373 9,445
Total interest income 25,959 24,883 50,956 49,942
Interest expense:        
Deposits 1,827 1,577 3,447 3,102
Short-term borrowings 213 203 443 462
Long-term borrowings 515   515  
Total interest expense 2,555 1,780 4,405 3,564
Net interest income 23,404 23,103 46,551 46,378
Provision for loan losses 1,288 1,758 4,029 3,864
Net interest income after provision for loan losses 22,116 21,345 42,522 42,514
Noninterest income:        
Service charges on deposits 1,964 2,241 3,843 4,491
Insurance income 1,057 16 2,665 57
ATM and debit card 1,283 1,257 2,476 2,431
Investment advisory 541 561 1,028 1,123
Company owned life insurance 493 425 960 828
Investments in limited partnerships 55 81 529 707
Loan servicing 96 176 263 330
Net gain on sale of loans held for sale 39 50 108 155
Net gain on disposal of investment securities   949 1,062 1,262
Net gain (loss) on disposal of other assets 16 24 20 (11)
Other 911 797 1,798 1,561
Total noninterest income 6,455 6,577 14,752 12,934
Noninterest expense:        
Salaries and employee benefits 10,606 9,063 20,829 18,319
Occupancy and equipment 3,375 3,139 7,074 6,374
Professional services 866 1,384 1,834 2,356
Computer and data processing 810 777 1,512 1,500
Supplies and postage 508 535 1,071 1,047
FDIC assessments 415 388 833 810
Advertising and promotions 238 214 477 393
Other 2,418 2,308 4,617 4,222
Total noninterest expense 19,236 17,808 38,247 35,021
Income before income taxes 9,335 10,114 19,027 20,427
Income tax expense 2,750 3,082 5,641 6,176
Net income 6,585 7,032 13,386 14,251
Preferred stock dividends 366 365 731 731
Net income available to common shareholders $ 6,219 $ 6,667 $ 12,655 $ 13,520
Earnings per common share (Note 3):        
Basic $ 0.44 $ 0.48 $ 0.90 $ 0.98
Diluted 0.44 0.48 0.90 0.98
Cash dividends declared per common share $ 0.20 $ 0.19 $ 0.40 $ 0.38
Weighted average common shares outstanding:        
Basic 14,078 13,791 14,071 13,782
Diluted 14,121 13,838 14,118 13,831