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, 2016
Mar. 31, 2015
INTEREST INCOME    
Loans, including Fees $ 18,045 $ 17,863
Investment Securities:    
Taxable 1,420 1,198
Tax Exempt 217 96
Funds Sold 362 189
Total Interest Income 20,044 19,346
INTEREST EXPENSE    
Deposits 221 246
Short-Term Borrowings 10 21
Subordinated Notes Payable 387 332
Other Long-Term Borrowings 216 240
Total Interest Expense 834 839
NET INTEREST INCOME 19,210 18,507
Provision for Loan Losses 452 293
Net Interest Income After Provision For Loan Losses 18,758 18,214
NONINTEREST INCOME    
Deposit Fees 5,400 5,541
Bank Card Fees 2,853 2,742
Wealth Management Fees 1,792 2,046
Mortgage Banking Fees 1,030 987
Data Processing Fees 347 373
Other 1,255 1,159
Total Noninterest Income 12,677 12,848
NONINTEREST EXPENSE    
Compensation 16,241 16,524
Occupancy, Net 4,459 4,396
Other Real Estate Owned, Net 1,425 1,497
Other 6,805 6,973
Total Noninterest Expense 28,930 29,390
INCOME BEFORE INCOME TAXES 2,505 1,672
Income Tax Expense 858 686
NET INCOME $ 1,647 $ 986
BASIC NET INCOME PER SHARE (in dollars per shares) $ 0.1 $ 0.06
DILUTED NET INCOME PER SHARE (in dollars per shares) $ 0.1 $ 0.06
Average Basic Common Shares Outstanding (in shares) 17,202 17,508
Average Diluted Common Shares Outstanding (in shares) 17,235 17,555