XML 19 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 $ 39,303 $ 37,739 $ 37,223
Interest on securities 15,343 15,689 13,457
Dividends on FHLB stock 578 290 69
Total interest and dividend income 55,224 53,718 50,749
Interest expense:      
Deposits 6,097 5,894 6,616
Short-term borrowings 983 667 487
Long-term debt 3,310 3,344 4,560
Total interest expense 10,390 9,905 11,663
Net interest income 44,834 43,813 39,086
Provision for loan losses 1,785 1,833 1,418
Net interest income after provision for loan losses 43,049 41,980 37,668
Non-interest income:      
Trust and other financial services 3,888 3,976 3,634
Service charges on deposit accounts 892 971 1,009
Debit card service charges and fees 1,694 1,584 1,572
Net securities gains 1,334 403 676
Total other-than-temporary impairment ("OTTI") losses     (359)
Non-credit portion of OTTI losses (before taxes) [1]     110
Net OTTI losses recognized in earnings     (249)
Other operating income 1,171 824 924
Total non-interest income 8,979 7,758 7,566
Non-interest expense:      
Salaries and employee benefits 17,884 16,836 15,227
Occupancy expense 2,248 2,143 1,968
Furniture and equipment expense 2,321 2,166 2,005
Credit and debit card expenses 452 429 384
FDIC insurance assessments 833 699 696
Other operating expense 7,170 6,938 6,580
Total non-interest expense 30,908 29,211 26,860
Income before income taxes 21,120 20,527 18,374
Income taxes 5,967 5,914 5,191
Net income $ 15,153 $ 14,613 $ 13,183
Computation of Earnings Per Share:      
Basic shares 5,980,245 5,926,387 5,898,077
Effect of dilutive shares issuable 80,012 49,877 30,363
Diluted shares 6,060,257 5,976,264 5,928,440
Per Common Share Data:      
Basic Earnings Per Share $ 2.53 $ 2.47 $ 2.24
Diluted Earnings Per Share $ 2.50 $ 2.45 $ 2.22
[1] Included in other comprehensive income, net of taxes