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Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Interest income:        
Loans and leases $ 12,968 $ 12,669 $ 38,094 $ 37,405
Securities income 821 841 2,543 2,460
Short-term investments 82 76 201 182
Total interest income 13,871 13,586 40,838 40,047
Interest expense:        
Deposits 2,405 2,398 6,911 7,450
Notes payable and other borrowings 251 209 561 645
Junior subordinated notes 280 280 831 831
Total interest expense 2,936 2,887 8,303 8,926
Net interest income 10,935 10,699 32,535 31,121
Provision for loan and lease losses (89) 109 0 243
Net interest income after provision for loan and lease losses 11,024 10,590 32,535 30,878
Non-interest income:        
Trust and investment services fee income 1,137 976 3,315 2,773
Service charges on deposits 620 549 1,787 1,576
Loan fees 386 296 1,156 986
Increase in cash surrender value of bank-owned life insurance 215 215 630 634
Other 101 88 250 282
Total non-interest income 2,459 2,124 7,138 6,251
Non-interest expense:        
Compensation 5,193 4,586 14,991 13,819
Occupancy 324 314 963 954
Professional fees 674 500 2,201 1,506
Data processing 389 349 1,227 1,153
Marketing 409 344 1,120 981
Equipment 145 127 400 401
FDIC insurance 179 169 542 567
Collateral liquidation costs 32 108 276 167
Net (gain) loss on foreclosed properties (9) (48) (5) 1
Other 711 698 1,933 2,266
Total non-interest expense 8,047 7,147 23,648 21,815
Income before income tax expense 5,436 5,567 16,025 15,314
Income tax expense 1,883 1,958 5,630 5,328
Net income $ 3,553 $ 3,609 $ 10,395 $ 9,986
Earnings per common share:        
Basic $ 0.90 $ 0.92 $ 2.63 $ 2.55
Diluted $ 0.89 $ 0.91 $ 2.62 $ 2.54
Dividends declared per share $ 0.21 $ 0.14 $ 0.63 $ 0.42