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, 2018
Mar. 31, 2017
INTEREST INCOME    
Loans, including Fees $ 19,535 $ 18,005
Investment Securities:    
Taxable 2,523 1,783
Tax Exempt 239 259
Funds Sold 917 493
Total Interest Income 23,214 20,540
INTEREST EXPENSE    
Deposits 868 281
Short-Term Borrowings 8 45
Subordinated Notes Payable 475 379
Other Long-Term Borrowings 100 99
Total Interest Expense 1,451 804
NET INTEREST INCOME 21,763 19,736
Provision for Loan Losses 745 310
Net Interest Income After Provision For Loan Losses 21,018 19,426
NONINTEREST INCOME    
Deposit Fees 4,872 5,090
Bank Card Fees 2,811 2,803
Wealth Management Fees 2,173 1,842
Mortgage Banking Fees 1,057 1,308
Other 1,564 1,675
Total Noninterest Income 12,477 12,718
NONINTEREST EXPENSE    
Compensation 15,911 15,859
Occupancy, Net 4,551 4,381
Other Real Estate Owned, Net 626 583
Other 6,818 7,099
Total Noninterest Expense 27,906 27,922
INCOME BEFORE INCOME TAXES 5,589 4,222
Income Tax Expense (184) 1,478
NET INCOME $ 5,773 $ 2,744
BASIC NET INCOME PER SHARE (in dollars per shares) $ 0.34 $ 0.16
DILUTED NET INCOME PER SHARE (in dollars per shares) $ 0.34 $ 0.16
Average Basic Common Shares Outstanding (in shares) 17,028 16,919
Average Diluted Common Shares Outstanding (in shares) 17,073 16,944