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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Interest income:        
Interest and fees on loans $ 11,368 $ 11,154 $ 22,275 $ 22,297
Interest on investment securities:        
Taxable 1,034 1,751 2,196 3,635
Tax-exempt 672 685 1,291 1,352
Interest on federal funds sold and interest-bearing deposits 16 22 44 37
Total interest income 13,090 13,612 25,806 27,321
Interest expense:        
Interest on deposits 628 809 1,288 1,694
Interest on short-term borrowings 8 13 12 18
Interest on long-term borrowings 0 49 33 180
Interest on mandatorily redeemable trust preferred securities 179 193 356 393
Total interest expense 815 1,064 1,689 2,285
Net Interest Income 12,275 12,548 24,117 25,036
Provision for loan losses 450 3,160 2,050 5,910
Net Interest Income after Provision for Loan Losses 11,825 9,388 22,067 19,126
Non-interest income:        
Service charges on deposit accounts 2,215 2,417 4,288 4,704
Gains on investment securities available-for-sale 0 1 6 71
Other income, net 1,807 1,704 3,844 3,448
Total non-interest income 4,022 4,122 8,138 8,223
Non-interest expense:        
Salaries and employee benefits 5,403 4,911 11,323 10,576
Occupancy expense 1,596 1,563 3,147 3,052
Other 3,718 4,009 8,068 8,894
Total non-interest expenses 10,717 10,483 22,538 22,522
Income before income taxes 5,130 3,027 7,667 4,827
Provision for income taxes 1,331 454 1,535 375
Net Income 3,799 2,573 6,132 4,452
PER SHARE DATA        
Book value $ 12.38 $ 12.23 $ 12.38 $ 12.23
Cash dividends $ 0.06 $ 0.06 $ 0.12 $ 0.12
Earnings per share basic $ 0.27 $ 0.18 $ 0.43 $ 0.32
Earnings per share diluted $ 0.27 $ 0.18 $ 0.43 $ 0.32
Average shares outstanding, basic 14,128,146 14,103,209 14,120,865 14,102,544
Average shares outstanding, diluted 14,227,335 14,107,640 14,211,910 14,107,416
Total shareholder Equity (in thousands) 175,171 172,537 175,171 172,537
Shares outstanding 14,144,439 14,103,209 14,144,439 14,103,209
Dividends Paid $ 847,358 $ 846,193 $ 1,694 $ 1,692