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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
INTEREST INCOME      
Loans, including fees $ 47,522,000 $ 36,339,000 $ 35,090,000
Securities:      
Taxable 3,389,000 3,179,000 3,127,000
Tax-exempt 428,000 651,000 859,000
Dividends 252,000 212,000 301,000
Other 194,000 119,000 87,000
Total Interest Income 51,785,000 40,500,000 39,464,000
INTEREST EXPENSE      
Deposits 3,547,000 2,369,000 2,120,000
Short-term borrowings 83,000 51,000 47,000
Long-term borrowings 1,803,000 1,514,000 1,691,000
Total Interest Expense 5,433,000 3,934,000 3,858,000
Net Interest Income 46,352,000 36,566,000 35,606,000
PROVISION FOR LOAN LOSSES 0 0 0
Net Interest Income after Provision for Loan Losses 46,352,000 36,566,000 35,606,000
OTHER INCOME      
Service charges on deposit accounts 2,940,000 2,369,000 2,308,000
Income from fiduciary, investment management and brokerage activities 2,012,000 1,684,000 1,589,000
Earnings on investment in bank-owned life insurance 1,075,000 1,100,000 1,100,000
Gains on sales or calls of securities 0 26,000 261,000
Gain on sales of premises and equipment 0 449,000 0
Service charges on ATM and debit card transactions 1,762,000 1,499,000 1,456,000
Commissions from insurance sales 5,024,000 4,822,000 4,634,000
Other 1,336,000 1,259,000 1,058,000
Total Other Income 14,149,000 13,208,000 12,406,000
OTHER EXPENSES      
Salaries and employee benefits 24,654,000 22,200,000 20,932,000
Net occupancy 2,403,000 2,066,000 2,170,000
Equipment 3,757,000 3,046,000 3,007,000
Other tax 791,000 785,000 779,000
Professional services 1,134,000 852,000 844,000
Supplies and postage 731,000 646,000 639,000
Marketing and corporate relations 433,000 574,000 452,000
FDIC and regulatory 644,000 611,000 665,000
Merger related expenses 4,728,000 472,000 0
Intangible assets amortization 537,000 345,000 336,000
Foreclosed real estate expenses 93,000 55,000 119,000
Other operating 4,174,000 3,485,000 3,291,000
Total Other Expenses 44,079,000 35,137,000 33,234,000
Income Before Income Taxes 16,422,000 14,637,000 14,778,000
PROVISION FOR INCOME TAXES 6,634,000 3,768,000 3,761,000
Net Income $ 9,788,000 $ 10,869,000 $ 11,017,000
PER SHARE DATA      
Basic earnings $ 1.50 $ 1.80 $ 1.83
Cash dividends declared $ 0.80 $ 0.80 $ 0.80