Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
INTEREST INCOME    
Loans, including Fees $ 22,616 $ 19,535
Investment Securities:    
Taxable 3,387 2,523
Tax Exempt 126 239
Funds Sold 1,593 917
Total Interest Income 27,722 23,214
INTEREST EXPENSE    
Deposits 2,099 868
Short-Term Borrowings 35 8
Subordinated Notes Payable 608 475
Other Long-Term Borrowings 72 100
Total Interest Expense 2,814 1,451
NET INTEREST INCOME 24,908 21,763
Provision for Loan Losses 767 745
Net Interest Income After Provision For Loan Losses 24,141 21,018
NONINTEREST INCOME    
Other 1,606 1,564
Total Noninterest Income 12,552 12,477
NONINTEREST EXPENSE    
Compensation 16,349 15,911
Occupancy, Net 4,509 4,551
Other Real Estate Owned, Net 363 626
Other 6,977 6,818
Total Noninterest Expense 28,198 27,906
INCOME BEFORE INCOME TAXES 8,495 5,589
Income Tax Expense 2,059 (184)
NET INCOME $ 6,436 $ 5,773
BASIC NET INCOME PER SHARE (in dollars per shares) $ 0.38 $ 0.34
DILUTED NET INCOME PER SHARE (in dollars per shares) $ 0.38 $ 0.34
Average Basic Common Shares Outstanding (in shares) 16,791,000 17,028,000
Average Diluted Common Shares Outstanding (in shares) 16,819,000 17,073,000
Deposit fees [Member]    
NONINTEREST INCOME    
Revenue, fees and commissions $ 4,775 $ 4,872
Bank card fees [Member]    
NONINTEREST INCOME    
Revenue, fees and commissions 2,855 2,811
Wealth Managment fees [Member]    
NONINTEREST INCOME    
Revenue, fees and commissions 2,323 2,173
Mortgage banking [Member]    
NONINTEREST INCOME    
Revenue, fees and commissions $ 993 $ 1,057