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Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Interest and fees on loans $ 31,098 $ 30,305 $ 30,194
Interest on due from banks 26 65 85
Interest on investment securities:      
U.S. Government sponsored enterprises 2,616 2,995 1,639
States and political subdivisions 4,600 4,677 4,427
Other 326 378 351
Total interest income 38,666 38,420 36,696
Interest expense:      
NOW, MMDA & savings deposits 432 499 732
Time deposits 870 1,188 1,650
FHLB borrowings 1,735 2,166 2,518
Junior subordinated debentures 402 389 398
Other 45 45 55
Total interest expense 3,484 4,287 5,353
Net interest income 35,182 34,133 31,343
(Reduction of) provision for loan losses (17) (699) 2,584
Net interest income after provision for loan losses 35,199 34,832 28,759
Non-interest income:      
Service charges 4,647 4,961 4,566
Other service charges and fees 931 1,080 1,172
Gain on sale of securities 0 266 614
Mortgage banking income 1,130 804 1,228
Insurance and brokerage commissions 714 701 661
Gain/(loss) on sales and write-downs of other real estate 245 (622) (581)
Miscellaneous 5,645 4,974 4,992
Total non-interest income 13,312 12,164 12,652
Non-interest expense:      
Salaries and employee benefits 18,285 17,530 16,851
Occupancy 6,288 6,251 5,539
Professional fees 1,468 1,401 1,088
Advertising 784 804 685
Debit card expense 988 905 823
FDIC insurance 681 739 864
Other 7,284 8,041 6,991
Total non-interest expense 35,778 35,671 32,841
Earnings before income taxes 12,733 11,325 8,570
Income tax expense 3,100 1,937 1,879
Net earnings 9,633 9,388 6,691
Dividends and accretion of preferred stock 0 0 656
Net earnings available to common shareholders $ 9,633 $ 9,388 $ 6,035
Basic net earnings per common share $ 1.73 $ 1.67 $ 1.08
Diluted net earnings per common share 1.72 1.66 1.07
Cash dividends declared per common share $ 0.28 $ 0.18 $ 0.12