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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest and fees on loans:      
Taxable $ 64,946 $ 59,902 $ 54,004
Tax-exempt 3,163 3,031 2,351
Interest and dividends on investment securities:      
Taxable 2,949 2,515 3,207
Tax-exempt 2,999 3,438 3,385
Dividends 52 48 35
Interest on interest-bearing deposits in other banks 133 50 49
Interest on federal funds sold     10
Total interest income 74,242 68,984 63,041
Interest expense:      
Interest on deposits 6,450 5,429 4,953
Interest on short-term borrowings 900 402 53
Interest on long-term debt 1,348 1,420 1,031
Total interest expense 8,698 7,251 6,037
Net interest income 65,544 61,733 57,004
Provision for loan losses 4,800 5,000 3,700
Net interest income after provision for loan losses 60,744 56,733 53,304
Noninterest income:      
Service charges, fees and commissions 7,344 6,116 6,245
Merchant services income 2,543 4,199 3,855
Commission and fees on fiduciary activities 2,057 1,976 1,946
Wealth management income 1,411 1,298 845
Mortgage banking income 784 885 872
Life insurance investment income 769 791 767
Net gain on sale of investment securities available-for-sale 0 623 1,189
Net gain on sale of merchant services business 2,278    
Total noninterest income 17,186 15,888 15,719
Noninterest expense:      
Salaries and employee benefits expense 26,670 22,434 21,533
Net occupancy and equipment expense 9,975 9,422 9,104
Merchant services expense 1,808 2,993 2,643
Amortization of intangible assets 1,034 1,186 1,195
Professional fees and outside services 2,277 2,128 2,211
Donations 1,188 1,006 740
Other expenses 8,341 8,861 9,353
Total noninterest expense 51,293 48,030 46,779
Income before income taxes 26,637 24,591 22,244
Income tax expense 8,180 5,008 4,521
Net income 18,457 19,583 17,723
Other comprehensive loss:      
Unrealized loss on investment securities available-for-sale (1,790) (3,417) (510)
Reclassification adjustment for net gain on sales included in net income   (623) (1,189)
Change in benefit plan liabilities 318 917 (296)
Other comprehensive loss (1,472) (3,123) (1,995)
Income tax (515) (1,093) (699)
Other comprehensive loss, net of income taxes (957) (2,030) (1,296)
Comprehensive income $ 17,500 $ 17,553 $ 16,427
Net income:      
Basic $ 2.50 $ 2.65 $ 2.36
Diluted $ 2.50 $ 2.65 $ 2.36
Average common shares outstanding:      
Basic 7,395,837 7,396,716 7,516,451
Diluted 7,395,837 7,396,716 7,516,451
Dividends declared $ 1.26 $ 1.24 $ 1.24