XML 67 R53.htm IDEA: XBRL DOCUMENT v3.3.1.900
Quarterly Information (Tables)
12 Months Ended
Dec. 31, 2015
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
2014Q1
 
2014Q2
 
2014Q3
 
2014Q4
 
2015Q1
 
2015Q2
 
2015Q3
 
2015Q4
Balance Sheets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
13,894

 
$
20,416

 
$
17,167

 
$
13,057

 
$
13,855

 
$
16,481

 
$
19,169

 
$
14,299

Interest-bearing deposits in other banks
2,935

 
272

 
773

 
3,559

 
336

 
24,565

 
301

 
4,013

Investments
488,553

 
502,015

 
472,660

 
461,180

 
418,772

 
463,064

 
461,255

 
463,062

Restricted equity securities
13,912

 
13,912

 
13,912

 
13,912

 
13,912

 
13,912

 
13,912

 
14,257

Net loans and loans held for sale
857,315

 
880,492

 
896,857

 
907,220

 
928,973

 
953,201

 
953,674

 
979,071

Other assets
89,508

 
86,973

 
87,268

 
83,203

 
82,984

 
82,117

 
91,361

 
90,108

Total assets
$
1,466,117

 
$
1,504,080

 
$
1,488,637

 
$
1,482,131

 
$
1,458,832

 
$
1,553,340

 
$
1,539,672

 
$
1,564,810

Deposits
$
1,045,970

 
$
1,033,436

 
$
1,055,322

 
$
1,024,819

 
$
966,825

 
$
1,096,323

 
$
1,058,365

 
$
1,043,189

Borrowed funds
253,519

 
298,520

 
258,636

 
279,916

 
312,576

 
278,013

 
297,369

 
337,457

Other liabilities
14,212

 
14,675

 
15,489

 
15,842

 
15,915

 
15,195

 
16,797

 
16,666

Shareholders' equity
152,416

 
157,449

 
159,190

 
161,554

 
163,516

 
163,809

 
167,141

 
167,498

  Total liabilities
   & equity
$
1,466,117

 
$
1,504,080

 
$
1,488,637

 
$
1,482,131

 
$
1,458,832

 
$
1,553,340

 
$
1,539,672

 
$
1,564,810

Income and Comprehensive Income Statements
Interest income
$
12,623

 
$
12,740

 
$
12,869

 
$
12,790

 
$
12,365

 
$
12,574

 
$
12,833

 
$
13,038

Interest expense
2,912

 
2,905

 
2,865

 
2,743

 
2,663

 
2,496

 
2,322

 
2,393

Net interest income
9,711

 
9,835

 
10,004

 
10,047

 
9,702

 
10,078

 
10,511

 
10,645

   Provision for
   loan losses
400

 
100

 
350

 
300

 
500

 
400

 
200

 
450

Net interest income after provision for loan losses
9,311

 
9,735

 
9,654

 
9,747

 
9,202

 
9,678

 
10,311

 
10,195

Non-interest income
2,332

 
2,458

 
3,656

 
2,602

 
3,658

 
2,834

 
2,975

 
2,763

Non-interest expense
7,252

 
7,291

 
7,802

 
7,875

 
7,265

 
6,980

 
7,707

 
7,944

Income before taxes
4,391

 
4,902

 
5,508

 
4,474

 
5,595

 
5,532

 
5,579

 
5,014

Income taxes
963

 
1,155

 
1,400

 
1,048

 
1,420

 
1,458

 
1,391

 
1,245

Net income
$
3,428

 
$
3,747

 
$
4,108

 
$
3,426

 
$
4,175

 
$
4,074

 
$
4,188

 
$
3,769

Basic earnings per share
$
0.32

 
$
0.35

 
$
0.39

 
$
0.32

 
$
0.39

 
$
0.38

 
$
0.39

 
$
0.36

Diluted earnings per share
$
0.32

 
$
0.35

 
$
0.38

 
$
0.32

 
$
0.39

 
$
0.38

 
$
0.39

 
$
0.35

Other comprehensive income (loss), net of tax
Net unrealized gain (loss) on securities available for sale
$
4,824

 
$
3,313

 
$
(319
)
 
$
1,295

 
$
57

 
$
(1,591
)
 
$
1,330

 
$
(1,195
)
Net unrealized loss on securities transfered from available for sale to held to maturity

 

 
(28
)
 
(20
)
 
(19
)
 
(17
)
 
(15
)
 
(13
)
Unrecognized loss on postretirement benefit costs

 

 

 
(313
)
 

 

 

 
(31
)
Other comprehensive income (loss)
$
4,824

 
$
3,313

 
$
(347
)
 
$
962

 
$
38

 
$
(1,608
)
 
$
1,315

 
$
(1,239
)
Comprehensive income
$
8,252

 
$
7,060

 
$
3,761

 
$
4,388

 
$
4,213

 
$
2,466

 
$
5,503

 
$
2,530