XML 67 R55.htm IDEA: XBRL DOCUMENT v3.10.0.1
Quarterly Information (Tables)
12 Months Ended
Dec. 31, 2018
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
2017Q1
 
2017Q2
 
2017Q3
 
2017Q4
 
2018Q1
 
2018Q2
 
2018Q3
 
2018Q4
Balance Sheets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
17,600

 
$
23,718

 
$
22,375

 
$
19,207

 
$
16,559

 
$
21,056

 
$
21,649

 
$
19,134

Interest-bearing deposits in other banks
3,272

 
291

 
584

 
860

 
280

 
1,616

 
51,045

 
12,079

Investments
553,453

 
552,269

 
541,678

 
553,766

 
562,459

 
565,125

 
562,839

 
573,079

Restricted equity securities
13,363

 
12,311

 
10,798

 
10,358

 
11,947

 
12,363

 
11,586

 
11,586

Net loans and loans held for sale
1,080,347

 
1,110,919

 
1,110,508

 
1,153,796

 
1,177,329

 
1,213,449

 
1,233,010

 
1,227,051

Other assets
95,793

 
96,143

 
95,758

 
104,943

 
103,241

 
100,352

 
101,725

 
101,641

Total assets
$
1,763,828

 
$
1,795,651

 
$
1,781,701

 
$
1,842,930

 
$
1,871,815

 
$
1,913,961

 
$
1,981,854

 
$
1,944,570

Deposits
$
1,346,483

 
$
1,319,259

 
$
1,350,049

 
$
1,418,879

 
$
1,428,192

 
$
1,416,646

 
$
1,514,911

 
$
1,527,085

Borrowed funds
226,467

 
282,277

 
234,328

 
228,758

 
244,229

 
297,455

 
265,274

 
210,317

Other liabilities
15,968

 
16,578

 
17,442

 
13,972

 
18,022

 
16,556

 
17,008

 
15,626

Shareholders' equity
174,910

 
177,537

 
179,882

 
181,321

 
181,372

 
183,304

 
184,661

 
191,542

  Total liabilities
   & equity
$
1,763,828

 
$
1,795,651

 
$
1,781,701

 
$
1,842,930

 
$
1,871,815

 
$
1,913,961

 
$
1,981,854

 
$
1,944,570

Income and Comprehensive Income Statements
Interest income
$
14,491

 
$
15,002

 
$
15,517

 
$
15,822

 
$
16,451

 
$
17,205

 
$
18,086

 
$
18,801

Interest expense
3,015

 
3,337

 
3,563

 
3,614

 
4,042

 
4,936

 
5,550

 
5,806

Net interest income
11,476

 
11,665

 
11,954

 
12,208

 
12,409

 
12,269

 
12,536

 
12,995

   Provision for
   loan losses
500

 
500

 
750

 
250

 
500

 
500

 
333

 
167

Net interest income after provision for loan losses
10,976

 
11,165

 
11,204

 
11,958

 
11,909

 
11,769

 
12,203

 
12,828

Non-interest income
2,843

 
3,002

 
3,493

 
3,210

 
3,132

 
3,181

 
3,034

 
3,253

Non-interest expense
7,698

 
7,640

 
8,013

 
8,300

 
8,579

 
8,176

 
8,216

 
8,496

Income before taxes
6,121

 
6,527

 
6,684

 
6,868

 
6,462

 
6,774

 
7,021

 
7,585

Income taxes
1,484

 
1,644

 
1,702

 
1,782

 
956

 
1,040

 
1,088

 
1,222

Net income
$
4,637

 
$
4,883

 
$
4,982

 
$
5,086

 
$
5,506

 
$
5,734

 
$
5,933

 
$
6,363

Basic earnings per share
$
0.43

 
$
0.45

 
$
0.46

 
$
0.48

 
$
0.51

 
$
0.53

 
$
0.55

 
$
0.59

Diluted earnings per share
$
0.43

 
$
0.45

 
$
0.46

 
$
0.47

 
$
0.51

 
$
0.53

 
$
0.55

 
$
0.58

Other comprehensive income (loss), net of tax
Net unrealized gain (loss) on securities available for sale
$
1

 
$
349

 
$
(240
)
 
$
(1,562
)
 
$
(3,309
)
 
$
(1,035
)
 
$
(1,888
)
 
$
4,082

Net unrealized loss on securities transfered from available for sale to held to maturity
(4
)
 
(4
)
 
(3
)
 
(3
)
 
(8
)
 
(7
)
 
(5
)
 
(3
)
Net unrealized gain (loss) on cash flow hedging derivative instruments
63

 
(171
)
 
(20
)
 
235

 
384

 
138

 
216

 
(844
)
Unrecognized gain (loss) on postretirement benefit costs

 

 

 
(19
)
 

 

 

 
184

Other comprehensive income (loss)
$
60

 
$
174

 
$
(263
)
 
$
(1,349
)
 
$
(2,933
)
 
$
(904
)
 
$
(1,677
)
 
$
3,419

Comprehensive income
$
4,697

 
$
5,057

 
$
4,719

 
$
3,737

 
$
2,573

 
$
4,830

 
$
4,256

 
$
9,782