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Quarterly Information (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly information
The following tables provide unaudited financial information by quarter for each of the past two years:
Dollars in thousands except per share data
2013Q1

 
2013Q2

 
2013Q3

 
2013Q4

 
2014Q1

 
2014Q2

 
2014Q3

 
2014Q4

Balance Sheets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
16,523

 
$
18,683

 
$
20,117

 
$
16,570

 
$
13,894

 
$
20,416

 
$
17,167

 
$
13,057

Interest-bearing deposits in other banks
5,941

 
334

 
787

 
2,562

 
2,935

 
272

 
773

 
3,559

Investments
437,160

 
464,999

 
490,151

 
475,101

 
488,553

 
502,015

 
472,660

 
461,180

Restricted equity securities
13,912

 
13,912

 
13,912

 
13,912

 
13,912

 
13,912

 
13,912

 
13,912

Net loans and loans held for sale
851,001

 
854,448

 
851,171

 
864,936

 
857,315

 
880,492

 
896,857

 
907,220

Other assets
92,250

 
92,120

 
88,611

 
90,882

 
89,508

 
86,973

 
87,268

 
83,203

Total assets
$
1,416,787

 
$
1,444,496

 
$
1,464,749

 
$
1,463,963

 
$
1,466,117

 
$
1,504,080

 
$
1,488,637

 
$
1,482,131

Deposits
$
975,861

 
$
1,027,682

 
$
1,037,466

 
$
1,024,399

 
$
1,045,970

 
$
1,033,436

 
$
1,055,322

 
$
1,024,819

Borrowed funds
261,185

 
257,108

 
266,777

 
279,125

 
253,519

 
298,520

 
258,636

 
279,916

Other liabilities
16,070

 
13,734

 
13,853

 
14,341

 
14,212

 
14,675

 
15,489

 
15,842

Shareholders' equity
163,671

 
145,972

 
146,653

 
146,098

 
152,416

 
157,449

 
159,190

 
161,554

  Total liabilities
   & equity
$
1,416,787

 
$
1,444,496

 
$
1,464,749

 
$
1,463,963

 
$
1,466,117

 
$
1,504,080

 
$
1,488,637

 
$
1,482,131

Income and Comprehensive Income (Loss) Statements
Interest income
$
12,265

 
$
12,249

 
$
12,655

 
$
12,767

 
$
12,623

 
$
12,740

 
$
12,869

 
$
12,790

Interest expense
3,102

 
3,138

 
3,150

 
3,106

 
2,912

 
2,905

 
2,865

 
2,743

Net interest income
9,163

 
9,111

 
9,505

 
9,661

 
9,711

 
9,835

 
10,004

 
10,047

   Provision for
   loan losses
1,500

 
1,200

 
800

 
700

 
400

 
100

 
350

 
300

Net interest income after provision for loan losses
7,663

 
7,911

 
8,705

 
8,961

 
9,311

 
9,735

 
9,654

 
9,747

Non-interest income
3,288

 
3,579

 
2,621

 
2,599

 
2,332

 
2,458

 
3,656

 
2,602

Non-interest expense
7,389

 
7,423

 
7,006

 
7,119

 
7,252

 
7,291

 
7,802

 
7,875

Income before taxes
3,562

 
4,067

 
4,320

 
4,441

 
4,391

 
4,902

 
5,508

 
4,474

Income taxes
706

 
825

 
955

 
939

 
963

 
1,155

 
1,400

 
1,048

Net income
$
2,856

 
$
3,242

 
$
3,365

 
$
3,502

 
$
3,428

 
$
3,747

 
$
4,108

 
$
3,426

Basic earnings per share
$
0.27

 
$
0.29

 
$
0.31

 
$
0.33

 
$
0.32

 
$
0.35

 
$
0.39

 
$
0.32

Diluted earnings per share
$
0.27

 
$
0.29

 
$
0.31

 
$
0.33

 
$
0.32

 
$
0.35

 
$
0.38

 
$
0.32

Other comprehensive income (loss), net of tax
Net unrealized gain (loss) on securities available for sale
$
(2,466
)
 
$
(8,907
)
 
$
(779
)
 
$
(2,379
)
 
$
4,824

 
$
3,313

 
$
(319
)
 
$
1,295

Net unrealized loss on securities transfered from available for sale to held to maturity

 

 

 

 

 

 
(28
)
 
(20
)
Unrecognized gain (loss) on postretirement benefit costs
4

 
4

 

 
303

 

 

 

 
(313
)
Other comprehensive income (loss)
$
(2,462
)
 
$
(8,903
)
 
$
(779
)
 
$
(2,076
)
 
$
4,824

 
$
3,313

 
$
(347
)
 
$
962

Comprehensive income (loss)
$
394

 
$
(5,661
)
 
$
2,586

 
$
1,426

 
$
8,252

 
$
7,060

 
$
3,761

 
$
4,388