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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest and Dividend Income:      
Loans, including fees $ 49,677 $ 48,271 $ 47,139
Taxable securities 5,239 4,958 5,043
Tax exempt securities 945 939 967
Interest-bearing deposits 307 76 64
Total interest and dividend income 56,168 54,244 53,213
Interest Expense:      
Deposits 2,170 2,003 2,043
Securities sold under agreements to repurchase 849 848 848
Borrowed funds 820 751 754
Total interest expense 3,839 3,602 3,645
Net interest income 52,329 50,642 49,568
Provision for loan losses 2,437 1,571 3,981
Net interest income after provision for loan losses 49,892 49,071 45,587
Other operating income:      
Wealth management group fee income 8,316 8,522 7,747
Service charges on deposit accounts 5,089 4,886 5,281
Interchange revenue from debit card transactions 4,027 3,307 3,360
Net gains on securities transactions 987 372 6,869
Net gain on sales of loans held for sale 326 294 301
Net gains (losses) on sales of other real estate owned 21 84 (64)
Income from bank owned life insurance 73 75 78
Other 2,310 2,907 3,184
Total other operating income 21,149 20,447 26,756
Other operating expenses:      
Salaries and wages 20,954 21,223 21,315
Pension and other employee benefits 6,132 5,908 5,733
Net occupancy expenses 6,837 7,006 7,098
Furniture and equipment expenses 2,967 2,979 2,972
Data processing expense 6,593 6,586 6,393
Professional services 2,175 1,293 1,597
Legal accruals and settlements 1,200 0 4,250
Amortization of intangible assets 986 1,136 1,310
Marketing and advertising expense 877 899 1,079
Other real estate owned expenses 180 812 247
FDIC insurance 1,193 1,075 1,116
Loan expense 669 693 811
Merger and acquisition related expenses 0 0 115
Other 5,847 5,817 6,441
Total other operating expenses 56,610 55,427 60,477
Income before income tax expense 14,431 14,091 11,866
Income tax expense 4,404 4,658 3,709
Net income $ 10,027 $ 9,433 $ 8,157
Weighted average shares outstanding (in shares) 4,762 4,719 4,683
Basic and diluted earnings per share (in dollars per share) $ 2.11 $ 2.00 $ 1.74