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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest and fees on loans:      
Taxable $ 59,902 $ 54,004 $ 54,316
Tax-exempt 3,031 2,351 2,265
Interest and dividends on investment securities:      
Taxable 2,515 3,207 3,946
Tax-exempt 3,438 3,385 3,271
Dividends 48 35 50
Interest on interest-bearing deposits in other banks 50 49 38
Interest on federal funds sold   10 70
Total interest income 68,984 63,041 63,956
Interest expense:      
Interest on deposits 5,429 4,953 5,431
Interest on short-term borrowings 402 53 71
Interest on long-term debt 1,420 1,031 1,140
Total interest expense 7,251 6,037 6,642
Net interest income 61,733 57,004 57,314
Provision for loan losses 5,000 3,700 3,524
Net interest income after provision for loan losses 56,733 53,304 53,790
Noninterest income:      
Service charges, fees and commissions 6,116 6,245 6,484
Merchant services income 4,199 3,855 3,549
Commission and fees on fiduciary activities 1,976 1,946 2,179
Wealth management income 1,298 845 752
Mortgage banking income 885 872 648
Life insurance investment income 791 767 778
Net gain on sale of investment securities available-for-sale 623 1,189 861
Total noninterest income 15,888 15,719 15,251
Noninterest expense:      
Salaries and employee benefits expense 22,434 21,533 20,652
Net occupancy and equipment expense 9,422 9,104 8,102
Merchant services expense 2,993 2,643 2,236
Amortization of intangible assets 1,186 1,195 1,334
Acquisition related expense     1,725
Other expenses 11,995 12,304 11,884
Total noninterest expense 48,030 46,779 45,933
Income before income taxes 24,591 22,244 23,108
Income tax expense 5,008 4,521 5,459
Net income 19,583 17,723 17,649
Other comprehensive income (loss):      
Unrealized (loss) gain on investment securities available-for-sale (3,417) (510) 4,343
Reclassification adjustment for net gain on sales included in net income (623) (1,189) (861)
Change in benefit plan liabilities (917) 296 3,684
Other comprehensive loss (3,123) (1,995) (202)
Income tax related to other comprehensive loss (1,093) (699) (71)
Other comprehensive (loss) income, net of income taxes (2,030) (1,296) (131)
Comprehensive income $ 17,553 $ 16,427 $ 17,518
Net income:      
Basic $ 2.65 $ 2.36 $ 2.34
Diluted $ 2.65 $ 2.36 $ 2.34
Average common shares outstanding:      
Basic 7,396,716 7,516,451 7,548,825
Diluted 7,396,716 7,516,451 7,561,982
Dividends declared $ 1.24 $ 1.24 $ 1.24