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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest and fees on loans:    
Taxable $ 14,346 $ 13,340
Tax-exempt 751 559
Interest and dividends on investment securities:    
Taxable 687 900
Tax-exempt 875 805
Dividends 10 9
Interest on interest-bearing deposits in other banks 17 8
Interest on federal funds sold   7
Total interest income 16,686 15,628
Interest expense:    
Interest on deposits 1,283 1,268
Interest on short-term borrowings 77 8
Interest on long-term debt 360 259
Total interest expense 1,720 1,535
Net interest income 14,966 14,093
Provision for loan losses 1,200 750
Net interest income after provision for loan losses 13,766 13,343
Noninterest income:    
Service charges, fees and commissions 1,444 1,612
Merchant services income 914 790
Commission and fees on fiduciary activities 482 459
Wealth management income 412 205
Mortgage banking income 204 222
Life insurance investment income 193 189
Net gain on sale of investment securities available-for-sale 242 832
Total noninterest income 3,891 4,309
Noninterest expense:    
Salaries and employee benefits expense 5,332 5,233
Net occupancy and equipment expense 2,437 2,468
Merchant services expense 632 533
Amortization of intangible assets 305 305
Other expenses 2,912 2,555
Total noninterest expense 11,618 11,094
Income before income taxes 6,039 6,558
Income tax expense 1,157 1,514
Net income 4,882 5,044
Other comprehensive income (loss):    
Unrealized gain (loss) on investment securities available-for-sale 995 767
Reclassification adjustment for net gain on sales included in net income (242) (832)
Other comprehensive income (loss) 753 (65)
Income tax expense (benefit) related to other comprehensive loss 264 (23)
Other comprehensive income (loss), net of income taxes 489 (42)
Comprehensive income $ 5,371 $ 5,002
Net income:    
Basic $ 0.66 $ 0.67
Diluted $ 0.66 $ 0.67
Average common shares outstanding:    
Basic 7,403,510 7,548,358
Diluted 7,403,510 7,548,358
Dividends declared $ 0.31 $ 0.31