|
Consolidated Statements Of Income (USD $) In Thousands, except Per Share data, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Interest income |
|
|
|
| Loans, including fees |
$ 44,770 |
$ 41,594 |
$ 40,613 |
| Investment securities: |
|
|
|
| Taxable |
3,400 |
2,885 |
3,367 |
| Tax-exempt |
1,956 |
2,397 |
2,424 |
| Dividends |
211 |
31 |
14 |
| Other |
63 |
65 |
94 |
| Total interest income |
50,400 |
46,972 |
46,512 |
| Interest expense |
|
|
|
| Deposits |
6,668 |
7,655 |
9,615 |
| Federal funds purchased and other short-term borrowings |
170 |
125 |
122 |
| Long-term debt |
1,202 |
839 |
790 |
| Total interest expense |
8,040 |
8,619 |
10,527 |
| Net interest income |
42,360 |
38,353 |
35,985 |
| Provision for loan losses |
1,600 |
1,470 |
1,750 |
| Net interest income after provision for loan losses |
40,760 |
36,883 |
34,235 |
| Noninterest income |
|
|
|
| Trust and investment services fees |
2,223 |
1,922 |
1,702 |
| Income from mutual fund, annuity and insurance sales |
648 |
614 |
896 |
| Service charges on deposit accounts |
2,968 |
2,727 |
2,560 |
| Income from bank owned life insurance |
714 |
727 |
633 |
| Other income |
630 |
662 |
645 |
| Net gain on sales of loans held for sale |
452 |
1,019 |
1,327 |
| Net gain on sales of securities |
518 |
83 |
427 |
| Total noninterest income |
8,153 |
7,754 |
8,190 |
| Noninterest expense |
|
|
|
| Personnel |
18,025 |
16,827 |
15,312 |
| Occupancy of premises, net |
2,089 |
2,049 |
1,977 |
| Furniture and equipment |
2,251 |
2,045 |
1,851 |
| Postage, stationery and supplies |
741 |
586 |
508 |
| Professional and legal |
758 |
667 |
534 |
| Marketing |
1,295 |
1,074 |
907 |
| FDIC insurance |
663 |
622 |
733 |
| Debit card processing |
790 |
773 |
707 |
| Charitable donations |
1,134 |
685 |
640 |
| Telephone |
570 |
543 |
532 |
| External data processing |
878 |
693 |
605 |
| Foreclosed real estate including (gains) losses on sales |
425 |
713 |
2,830 |
| Other |
2,857 |
2,877 |
2,792 |
| Total noninterest expense |
32,476 |
30,154 |
29,928 |
| Income before income taxes |
16,437 |
14,483 |
12,497 |
| Provision for income taxes |
4,668 |
3,917 |
3,103 |
| Net income |
11,769 |
10,566 |
9,394 |
| Preferred stock dividends |
174 |
250 |
384 |
| Net income available to common shareholders |
$ 11,595 |
$ 10,316 |
$ 9,010 |
| Net income per common share, basic |
$ 2.07 |
$ 2.07 |
$ 1.84 |
| Net income per common share, diluted |
$ 2.03 |
$ 2.03 |
$ 1.82 |