Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
INTEREST INCOME    
Loans, including Fees $ 18,005 $ 18,045
Investment Securities:    
Taxable 1,783 1,420
Tax Exempt 259 217
Funds Sold 493 362
Total Interest Income 20,540 20,044
INTEREST EXPENSE    
Deposits 281 221
Short-Term Borrowings 45 10
Subordinated Notes Payable 379 387
Other Long-Term Borrowings 99 216
Total Interest Expense 804 834
NET INTEREST INCOME 19,736 19,210
Provision for Loan Losses 310 452
Net Interest Income After Provision For Loan Losses 19,426 18,758
NONINTEREST INCOME    
Deposit Fees 5,090 5,400
Bank Card Fees 2,803 2,853
Wealth Management Fees 1,842 1,792
Mortgage Banking Fees 1,308 1,030
Other 1,675 1,602
Total Noninterest Income 12,718 12,677
NONINTEREST EXPENSE    
Compensation 16,496 16,241
Occupancy, Net 4,381 4,459
Other Real Estate Owned, Net 583 1,425
Other 6,462 6,805
Total Noninterest Expense 27,922 28,930
INCOME BEFORE INCOME TAXES 4,222 2,505
Income Tax Expense 1,478 858
NET INCOME $ 2,744 $ 1,647
BASIC NET INCOME PER SHARE (in dollars per shares) $ 0.16 $ 0.1
DILUTED NET INCOME PER SHARE (in dollars per shares) $ 0.16 $ 0.1
Average Basic Common Shares Outstanding (in shares) 16,919 17,202
Average Diluted Common Shares Outstanding (in shares) 16,944 17,235