Cass Information Systems (CASS) 10-Q 2 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 26, 2016
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Entity Registrant Name	CASS INFORMATION SYSTEMS INC
Entity Central Index Key	708,781
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		11,172,333

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and due from banks	$ 7,963	$ 9,015
Interest-bearing deposits in other financial institutions	141,572	176,405
Federal funds sold and other short-term investments	124,598	67,752
Cash and cash equivalents	274,133	253,172
Securities available-for-sale, at fair value	368,041	375,696
Loans	698,134	659,055
Less: Allowance for loan losses	10,672	11,635
Loans, net	687,462	647,420
Premises and equipment, net	20,688	19,648
Investment in bank-owned life insurance	16,191	15,933
Payments in excess of funding	117,200	105,526
Goodwill	11,590	11,590
Other intangible assets, net	2,201	2,405
Other assets	23,678	24,116
Total assets	1,521,184	1,455,506
Liabilities:
Noninterest-bearing	195,636	181,823
Interest-bearing	435,359	464,661
Total deposits	630,995	646,484
Accounts and drafts payable	650,988	577,259
Other liabilities	28,939	24,385
Total liabilities	1,310,922	1,248,128
Shareholders' Equity:
Preferred stock, par value $.50 per share; 2,000,000 shares authorized and no shares issued
Common stock, par value $.50 per share; 40,000,000 shares authorized and 11,931,147 shares issued at June 30, 2016 and December 31, 2015	5,966	5,966
Additional paid-in capital	125,915	126,290
Retained earnings	110,749	103,994
Common shares in treasury, at cost (761,290 shares at June 30, 2016 and 598,875 shares at December 31, 2015)	(30,631)	(22,208)
Accumulated other comprehensive loss	(1,737)	(6,664)
Total shareholders' equity	210,262	207,378
Total liabilities and shareholders' equity	$ 1,521,184	$ 1,455,506

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value per share	$ 0.50	$ 0.50
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common stock, par value per share	$ 0.50	$ 0.50
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	11,931,147	11,931,147
Treasury stock, shares	761,290	598,875

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Fee Revenue and Other Income:
Information services payment and processing revenue	$ 20,880	$ 19,699	$ 40,425	$ 39,117
Bank service fees	289	299	647	600
Gains on sales of securities	79	690	387	1,639
Other	209	150	503	314
Total fee revenue and other income	21,457	20,838	41,962	41,670
Interest Income:
Interest and fees on loans	7,316	7,356	14,447	14,442
Interest and dividends on securities:
Taxable	21	12	33	15
Exempt from federal income taxes	2,437	2,322	4,831	4,625
Interest on federal funds sold and other short-term investments	236	113	476	273
Total interest income	10,010	9,803	19,787	19,355
Interest Expense:
Interest on deposits	504	521	1,017	1,112
Net interest income	9,506	9,282	18,770	18,243
Provision for loan losses			(1,000)
Net interest income after provision for loan losses	9,506	9,282	19,770	18,243
Total net revenue	30,963	30,120	61,732	59,913
Operating Expense:
Salaries and employee benefits	18,102	17,543	35,948	34,869
Occupancy	866	856	1,700	1,693
Equipment	1,110	1,070	2,165	2,141
Amortization of intangible assets	102	102	204	203
Other operating expense	2,879	3,069	5,958	6,042
Total operating expense	23,059	22,640	45,975	44,948
Income before income tax expense	7,904	7,480	15,757	14,965
Income tax expense	2,035	1,932	4,055	3,878
Net income	$ 5,869	$ 5,548	$ 11,702	$ 11,087
Basic earnings per share	$ 0.53	$ 0.49	$ 1.05	$ 0.97
Diluted earnings per share	$ 0.52	$ 0.48	$ 1.03	$ 0.96

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Comprehensive income:
Net income	$ 5,869	$ 5,548	$ 11,702	$ 11,087
Other comprehensive income:
Net unrealized gain (loss) on securities available-for-sale	4,538	(5,068)	8,212	(3,572)
Tax effect	(1,686)	1,884	(3,051)	1,327
Reclassification adjustments for gains included in net income	(79)	(690)	(387)	(1,639)
Tax effect	29	242	143	574
Foreign currency translation adjustments	(35)	(7)	11	(71)
Total comprehensive income	$ 8,636	$ 1,909	$ 16,630	$ 7,706

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash Flows From Operating Activities:
Net income	$ 11,702	$ 11,087
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	4,613	4,214
Net gains on sales of securities	(387)	(1,639)
Stock-based compensation expense	985	1,031
Provision for loan losses	(1,000)
Increase (decrease) in income tax benefit	16	(1,911)
Increase (decrease) in income tax liability	1,325	(284)
Increase in pension liability	2,010	2,419
Other operating activities, net	(1,512)	2,102
Net cash provided by operating activities	17,752	17,019
Cash Flows From Investing Activities:
Proceeds from sales of securities available-for-sale	21,491	65,952
Proceeds from maturities of securities available-for-sale	19,609	21,460
Purchase of securities available-for-sale	(28,053)	(85,264)
Net increase in loans	(39,042)	(5,813)
Increase in payments in excess of funding	(11,674)	(283)
Purchases of premises and equipment, net	(2,631)	(3,384)
Net cash used in investing activities	(40,300)	(7,332)
Cash Flows From Financing Activities:
Net increase in noninterest-bearing demand deposits	13,813	3,016
Net decrease in interest-bearing demand and savings deposits	(27,575)	(56,514)
Net decrease in time deposits	(1,728)	(9,291)
Net increase (decrease) in accounts and drafts payable	73,729	(70,896)
Cash dividends paid	(4,947)	(4,812)
Purchase of common shares for treasury	(9,217)	(6,128)
Other financing activities, net	(566)	(786)
Net cash provided by (used in) financing activities	43,509	(145,411)
Net increase (decrease) in cash and cash equivalents	20,961	(135,724)
Cash and cash equivalents at beginning of period	253,172	294,335
Cash and cash equivalents at end of period	274,133	158,611
Supplemental information:
Cash paid for interest	1,009	1,114
Cash paid for income taxes	$ 2,787	$ 3,634

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Note 1 - Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments, consisting of normal recurring accruals, considered necessary for a fair presentation have been included. For further information, refer to the audited consolidated financial statements and related footnotes included in Cass Information System, Inc.’s (the “Company” or “Cass”) Annual Report on Form 10-K for the year ended December 31, 2015 .

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Note 2 – Intangible Assets The Company accounts for intangible assets in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 350, “Goodwill and Other Intangible Assets,” (“FASB ASC 350”), which requires that intangibles with indefinite useful lives be tested annually for impairment and those with finite useful lives be amortized over their useful lives. Details of the Company’s intangible assets are as follows: June 30, 2016 December 31, 2015 Gross Carrying Accumulated Gross Carrying Accumulated (In thousands) Amount Amortization Amount Amortization Assets eligible for amortization: Customer lists $ 3,933 (2,182 ) $ 3,933 $ (2,023 ) Patents 72 (6 ) 72 (4 ) Non-compete agreements 261 (235 ) 261 (209 ) Software 234 (234 ) 234 (234 ) Other 500 (142 ) 500 (125 ) Unamortized intangible assets: Goodwill 1 11,817 (227 ) 11,817 (227 ) Total intangible assets $ 16,817 $ (3,026 ) $ 16,817 $ (2,822 ) 1 The customer lists are amortized over seven and ten years; the patents over 18 years; the non-compete agreements over five years; software over three years; and other intangible assets over fifteen years. Amortization of intangible assets amounted to $204,000 and $203,000 for the six-month periods ended June 30, 2016 and 2015, respectively. Estimated annual amortization of intangibles is as follows: $407,000 in 2016, and $356,000 in each of 2017, 2018, 2019 and 2020.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Note 3 – Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing net income by the sum of the weighted-average number of common shares outstanding and the weighted-average number of potential common shares outstanding. There were no anti-dilutive shares in the three months and six months ended June 30, 2016 and 2015. The calculations of basic and diluted earnings per share are as follows: Three Months Ended Six Months Ended June 30, June 30, (In thousands except share and per share data) 2016 2015 2016 2015 Basic Net income $ 5,869 $ 5,548 $ 11,702 $ 11,087 Weighted-average common shares outstanding 11,134,559 11,388,907 11,184,058 11,414,489 Basic earnings per share $ .53 $ .49 $ 1.05 $ .97 Diluted Net income $ 5,869 $ 5,548 $ 11,702 $ 11,087 Weighted-average common shares outstanding 11,134,559 11,388,907 11,184,058 11,414,489 Effect of dilutive restricted stock and stock appreciation rights 153,459 163,898 153,379 162,705 Weighted-average common shares outstanding assuming dilution 11,288,018 11,552,805 11,337,437 11,577,194 Diluted earnings per share $ .52 $ .48 $ 1.03

Stock Repurchases

Stock Repurchases	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Stock Repurchases	Note 4 – Stock Repurchases The Company maintains a treasury stock buyback program pursuant to which the Board of Directors has authorized the repurchase of up to 500,000 shares of the Company’s common stock. As restored by the Board of Directors on October 19, 2015, the program provides that the Company may repurchase up to an aggregate of 500,000 shares of common stock and has no expiration date. The Company repurchased 111,241 and 55,297 shares during the three-month periods and 187,123 and 124,585 for the six-month periods ended June 30, 2016 and 2015, respectively. As of June 30, 2016, 301,156 shares remained available for repurchase under the program. Repurchases may be made in the open market or through negotiated transactions from time to time depending on market conditions.

Industry Segment Information

Industry Segment Information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Industry Segment Information	Note 5 – Industry Segment Information The services provided by the Company are classified into two reportable segments: Information Services and Banking Services. Each of these segments provides distinct services that are marketed through different channels. They are managed separately due to their unique service, processing and capital requirements. The Information Services segment provides transportation, energy, telecommunication, and environmental invoice processing and payment services to large corporations. The Banking Services segment provides banking services primarily to privately held businesses and churches. The Company’s accounting policies for segments are the same as those described in the summary of significant accounting policies in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. Management evaluates segment performance based on net income after allocations for corporate expenses and income taxes. Transactions between segments are accounted for at what management believes to be fair value. Substantially all revenue originates from, and all long-lived assets are located within, the United States, and no revenue from any customer of any segment exceeds 10% of the Company’s consolidated revenue. Assets represent actual assets owned by Information Services and Banking Services and there is no allocation methodology used. Segment interest from customers is the actual interest earned on the loans owned by Information Services and Banking Services, respectively. Summarized information about the Company’s operations in each industry segment is as follows: Corporate, Information Banking Eliminations (In thousands) Services Services and Other Total Three Months Ended June 30, 2016 Fee revenue and other income: Income from customers $ 24,436 $ 6,527 $ — $ 30,963 Intersegment income (expense) 2,815 403 (3,218 ) — Net income 3,478 2,391 — 5,869 Goodwill 11,454 136 — 11,590 Other intangible assets, net 2,201 — — 2,201 Total assets 777,312 753,333 (9,461 ) 1,521,184 Three Months Ended June 30, 2015 Fee revenue and other income Income from customers $ 24,152 $ 5,968 $ — $ 30,120 Intersegment income (expense) 2,350 433 (2,783 ) — Net income 3,591 1,957 — 5,548 Goodwill 11,454 136 — 11,590 Other intangible assets, net 2,597 — — 2,597 Total assets 709,754 675,777 (18,651 ) 1,366,880 Six Months Ended June 30, 2016 Fee revenue and other income: Income from customers $ 47,994 $ 13,738 $ — $ 61,732 Intersegment income (expense) 6,073 779 (6,852 ) — Net income 6,425 5,277 — 11,702 Goodwill 11,454 136 — 11,590 Other intangible assets, net 2,201 — — 2,201 Total assets 777,312 753,333 (9,461 ) 1,521,184 Six Months Ended June 30, 2015 Fee revenue and other income Income from customers $ 48,426 $ 11,487 $ — $ 59,913 Intersegment income (expense) 4,544 856 (5,400 ) — Net income 7,407 3,680 — 11,087 Goodwill 11,454 136 — 11,590 Other intangible assets, net 2,597 — — 2,597 Total assets 709,754 675,777 (18,651 ) 1,366,880

Loans by Type

Loans by Type	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Loans by Type	Note 6 – Loans by Type A summary of loan categories is as follows: June 30, December 31, (In thousands) 2016 2015 Commercial and industrial $ 225,657 $ 193,430 Real estate Commercial: Mortgage 104,355 108,836 Construction 13,997 1,182 Church, church-related: Mortgage 311,012 306,728 Construction 24,842 28,957 Industrial Revenue Bonds 18,204 19,831 Other 67 91 Total loans $ 698,134 $ 659,055 The following table presents the aging of loans by loan categories at June 30, 2016 and December 31, 2015: Performing Nonperforming 90 Days 30-59 60-89 and Non- Total (In thousands) Current Days Days Over accrual Loans June 30, 2016 Commercial and industrial $ 225,657 $ — $ — $ — $ — $ 225,657 Real estate Commercial: Mortgage 104,080 — — — 275 104,355 Construction 13,997 — — — — 13,997 Church, church-related: Mortgage 309,936 989 — — 87 311,012 Construction 24,842 — — — — 24,842 Industrial Revenue Bonds 18,204 — — — — 18,204 Other 67 — — — — 67 Total $ 696,783 $ 989 $ — $ — $ 362 $ 698,134 December 31, 2015 Commercial and industrial $ 193,430 $ — $ — $ — $ — $ 193,430 Real estate Commercial: Mortgage 105,804 — — — 3,032 108,836 Construction 1,182 — — — — 1,182 Church, church-related: Mortgage 306,625 — — — 103 306,728 Construction 28,957 — — — — 28,957 Industrial Revenue Bonds 19,831 — — — — 19,831 Other 91 — — — — 91 Total $ 655,920 $ — $ — $ — $ 3,135 $ 659,055 The following table presents the credit exposure of the loan portfolio by internally credit grade as of June 30, 2016 and December 31, 2015: Loans Performing Nonperforming Subject to Loans Subject to Loans Subject Normal Special to Special (In thousands) Monitoring 1 Monitoring 2 Monitoring 2 Total Loans June 30, 2016 Commercial and industrial $ 223,288 $ 2,369 $ — $ 225,657 Real estate Commercial: Mortgage 102,978 1,102 275 104,355 Construction 13,997 — — 13,997 Church, church-related: Mortgage 303,534 7,391 87 311,012 Construction 24,842 — — 24,842 Industrial Revenue Bonds 18,204 — — 18,204 Other 67 — — 67 Total $ 686,910 $ 10,862 $ 362 $ 698,134 December 31, 2015 Commercial and industrial $ 190,303 $ 3,127 $ — $ 193,430 Real estate Commercial: Mortgage 104,642 1,162 3,032 108,836 Construction 1,182 — — 1,182 Church, church-related: Mortgage 299,135 7,490 103 306,728 Construction 28,957 — — 28,957 Industrial Revenue Bonds 19,831 — — 19,831 Other 91 — — 91 Total $ 644,141 $ 11,779 $ 3,135 $ 659,055 1 2 Impaired loans consist primarily of nonaccrual loans, loans greater than 90 days past due and still accruing interest and troubled debt restructurings, both performing and nonperforming. Troubled debt restructuring involves the granting of a concession to a borrower experiencing financial difficulty resulting in the modification of terms of the loan, such as changes in payment schedule or interest rate. Management measures impairment in accordance with FASB ASC 310, “Allowance for Credit Losses.” At June 30, 2016, impaired loans were evaluated using the expected cash flow method. At December 31, 2015, all impaired loans were evaluated based on the fair value of the collateral and the expected cash flow method. The fair value of the collateral is based upon an observable market price or current appraised value and therefore, the Company classifies these assets as nonrecurring Level 3. There were no loans delinquent 90 days or more and still accruing interest at June 30, 2016 and December 31, 2015. There were no loans classified as troubled debt restructuring at June 30, 2016 and December 31, 2015. There were no foreclosed loans recorded as other real estate owned as of June 30, 2016, and December 31, 2015. The following table presents the recorded investment and unpaid principal balance for impaired loans at June 30, 2016 and December 31, 2015: Unpaid Related Recorded Principal Allowance for (In thousands) Investment Balance Loan Losses June 30, 2016 Commercial and industrial: Nonaccrual $ — $ — $ — Real estate Commercial – Mortgage: Nonaccrual 275 275 — Church – Mortgage: Nonaccrual 87 87 87 Total impaired loans $ 362 $ 362 $ 87 December 31, 2015 Commercial and industrial: Nonaccrual $ — $ — $ — Real estate Commercial – Mortgage: Nonaccrual 3,032 3,032 1,039 Church – Mortgage: Nonaccrual 103 103 103 Total impaired loans $ 3,135 $ 3,135 $ 1,142 A summary of the activity in the allowance for loan losses from December 31, 2015 to June 30, 2016 is as follows: December 31, Charge- June 30, (In thousands) 2015 Offs Recoveries Provision 2016 Commercial and industrial $ 3,083 $ — $ 37 $ 497 $ 3,617 Real estate Commercial: Mortgage 2,803 — — (1,113 ) 1,690 Construction 9 — — 96 105 Church, church-related: Mortgage 4,082 — — 34 4,116 Construction 217 — — (30 ) 187 Industrial Revenue Bonds 320 — — (34 ) 286 Other 1,121 — — (450 ) 671 Total $ 11,635 $ — $ 37 $ (1,000 ) $ 10,672 A summary of the activity in the allowance for loan losses from December 31, 2014 to June 30, 2015 is as follows: December 31, Charge- June 30, (In thousands) 2014 Offs Recoveries Provision 2015 Commercial and industrial $ 3,515 $ — $ 7 $ 78 $ 3,600 Real estate Commercial: Mortgage 3,060 — — (57 ) 3,003 Construction — — — — — Church, church-related: Mortgage 4,016 — 1 52 4,069 Construction 140 — — 20 160 Industrial Revenue Bonds 394 — — (27 ) 367 Other 769 — — (66 ) 703 Total $ 11,894 $ — $ 8 $ — $ 11,902

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 7 – Commitments and Contingencies In the normal course of business, the Company is party to activities that contain credit, market and operational risks that are not reflected in whole or in part in the Company’s consolidated financial statements. Such activities include traditional off-balance sheet credit-related financial instruments and commitments under operating leases. These financial instruments include commitments to extend credit, commercial letters of credit and standby letters of credit. The Company’s maximum potential exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit, commercial letters of credit and standby letters of credit is represented by the contractual amounts of those instruments. At June 30, 2016 and December 31, 2015, no amounts have been accrued for any estimated losses for these instruments. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commercial and standby letters of credit are conditional commitments issued by the Company or its subsidiaries to guarantee the performance of a customer to a third party. These off-balance sheet financial instruments generally have fixed expiration dates or other termination clauses and may require payment of a fee. The balance of unused loan commitments, standby and commercial letters of credit were $23,093,000, $15,036,000, and $2,056,000 at June 30, 2016 and were $11,755,000, $11,581,000, and $1,857,000 at December 31, 2015, respectively. Since some of the financial instruments may expire without being drawn upon, the total amounts do not necessarily represent future cash requirements. Commitments to extend credit and letters of credit are subject to the same underwriting standards as those financial instruments included on the consolidated balance sheets. The Company evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary upon extension of the credit, is based on management’s credit evaluation of the borrower. Collateral held varies, but is generally accounts receivable, inventory, residential or income-producing commercial property or equipment. In the event of nonperformance, the Company or its subsidiaries may obtain and liquidate the collateral to recover amounts paid under guarantees on these financial instruments. The following table summarizes contractual cash obligations of the Company related to operating lease commitments and time deposits at June 30, 2016: Amount of Commitment Expiration per Period Less than 1-3 3-5 Over 5 (In thousands) Total 1 Year Years Years Years Operating lease commitments $ 6,475 $ 1,421 $ 2,322 $ 1,676 $ 1,056 Time deposits 59,972 55,110 2,709 2,153 — Total $ 66,447 $ 56,531 $ 5,031 $ 3,829 $ 1,056 The Company and its subsidiaries are involved in various pending legal actions and proceedings in which claims for damages are asserted. Management, after discussion with legal counsel, believes the ultimate resolution of these legal actions and proceedings will not have a material effect upon the Company’s consolidated financial position or results of operations.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Note 8 – Stock-Based Compensation The Amended and Restated Omnibus Stock and Performance Compensation Plan (the “Omnibus Plan”) permits the issuance of up to 1,500,000 shares of the Company’s common stock in the form of stock options, stock appreciation rights (“SARs”), restricted stock, restricted stock units and performance awards. The Company issues shares out of treasury stock for these awards. During the six months ended June 30, 2016, 34,925 restricted shares and 0 SARs were granted under the Omnibus Plan. Restricted Stock Restricted shares granted prior to April 16, 2013 are amortized to expense over a three-year vesting period. Beginning on April 16, 2013, restricted shares granted to Company employees are amortized to expense over a three-year vesting period whereas restricted shares granted to members of the Board of Directors are amortized to expense over a one-year service period, with the exception of those shares granted in lieu of cash payments for retainer fees which are expensed in the period earned. As of June 30, 2016, the total unrecognized compensation expense related to non-vested restricted shares was $2,591,000, and the related weighted-average period over which it is expected to be recognized is approximately 1.0 years. Following is a summary of the activity of the restricted stock: Six Months Ended June 30, 2016 Shares Fair Value Balance at December 31, 2015 69,041 $ 51.33 Granted 34,925 $ 49.95 Vested (29,268 ) $ 50.93 Balance at June 30, 2016 74,698 $ 50.59 SARs SARs vest over a three-year period, with one-third of the shares vesting and becoming exercisable each year on the anniversary date of the grant, and they expire 10 years from the original grant date. As of June 30, 2016, the total unrecognized compensation expense was $129,000, and the related weighted-average period over which it is expected to be recognized is 0.6 years. Following is a summary of the activity of the Company’s SARs program for the six-month period ended June 30, 2016: Weighted- Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Shares Price Term Years (In thousands) Outstanding at December 31, 2015 307,323 $ 36.57 5.99 $ 4,577 Exercised (5,803 ) $ 31.96 Outstanding at June 30, 2016 301,520 $ 36.66 5.49 4,536 Exercisable at June 30, 2016 289,356 $ 35.61 5.40 $ 4,657 Following is a summary of the activity of the non-vested SARs during the six-month period ended June 30, 2016: Weighted-Average Shares Grant Date Fair Value Non-vested at December 31, 2015 52,507 $ 51.17 Vested (40,343 ) $ 48.02 Non-vested at June 30, 2016 12,164 $ 61.64

Defined Pension Plans

Defined Pension Plans	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Defined Pension Plans	Note 9 – Defined Pension Plans The Company has a noncontributory defined-benefit pension plan, which covers most of its employees. The Company accrues and makes contributions designed to fund normal service costs on a current basis using the projected unit credit with service proration method to amortize prior service costs arising from improvements in pension benefits and qualifying service prior to the establishment of the plan over a period of approximately 30 years. Disclosure information is based on a measurement date of December 31 of the corresponding year. The following table represents the components of the net periodic pension costs for 2015 and an estimate for 2016: Estimated Actual (In thousands) 2016 2015 Service cost – benefits earned during the year $ 3,527 $ 3,796 Interest cost on projected benefit obligations 3,480 3,178 Expected return on plan assets (4,734 ) (4,864 ) Net amortization and deferral 1,200 1,542 Net periodic pension cost $ 3,473 $ 3,652 Pension costs recorded to expense were $882,000 and $977,000 for the three-month periods ended June 30, 2016 and 2015, respectively, and totaled $1,759,000 and $1,968,000 for the six-month periods ended June 30, 2016 and 2015, respectively. Pension costs decreased in 2016 due to an increase in the discount rate assumption and the use of the updated mortality tables. The Company made no contribution to the plan during the six-month period ended June 30, 2016 and is evaluating the amount of additional contributions, if any, in the remainder of 2016. In addition to the above funded benefit plan, the Company has an unfunded supplemental executive retirement plan which covers key executives of the Company. This is a noncontributory plan in which the Company and its subsidiaries make accruals designed to fund normal service costs on a current basis using the same method and criteria as its defined benefit plan. The following table represents the components of the net periodic pension costs for 2015 and an estimate for 2016: Estimated Actual (In thousands) 2016 2015 Service cost – benefits earned during the year $ 133 $ 140 Interest cost on projected benefit obligation 367 348 Net amortization 295 654 Net periodic pension cost $ 795 $ 1,142 Pension costs recorded to expense were $202,000 and $286,000 for the three-month periods ended June 30, 2016 and 2015, respectively, and were $403,000 and $571,000 for the six-month periods ended June 30, 2016 and 2015, respectively.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Note 10 – Income Taxes As of June 30, 2016, the Company’s unrecognized tax benefits were approximately $1,326,000, of which $964,000 would, if recognized, affect the Company’s effective tax rate. As of December 31, 2015, the Company’s unrecognized tax benefits were approximately $1,194,000, of which $861,000 would, if recognized, affect the Company’s effective tax rate. During the next 12 months, the Company may realize a reduction of its unrecognized tax benefits of approximately $374,000 due to the lapse of federal and state statutes of limitations. The Company recognizes interest and penalties related to uncertain tax positions in income tax expense. The Company had $72,000 and $54,000 of gross interest accrued as of June 30, 2016 and December 31, 2015, respectively. There were no penalties for unrecognized tax benefits accrued at June 30, 2016 and December 31, 2015. The Company is subject to income tax in the U.S. federal jurisdiction and numerous state jurisdictions. U.S. federal income tax returns for tax years 2012 through 2014 remain subject to examination by the Internal Revenue Service. In addition, the Company is subject to state tax examinations for the tax years 2011 through 2014.

Investment in Securities

Investment in Securities	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Investment in Securities	Note 11 – Investment in Securities Investment securities available-for-sale are recorded at fair value on a recurring basis. The Company’s investment securities available-for-sale are measured at fair value using Level 2 valuations. The market evaluation utilizes several sources which include “observable inputs” rather than “significant unobservable inputs” and therefore fall into the Level 2 category. The amortized cost, gross unrealized gains, gross unrealized losses and fair value of investment securities are summarized as follows: June 30, 2016 Gross Gross Amortized Unrealized Unrealized (In thousands) Cost Gains Losses Fair Value State and political subdivisions $ 339,803 $ 20,362 $ — $ 360,165 Certificates of deposit 7,876 — — 7,876 Total $ 347,679 $ 20,362 $ — $ 368,041 December 31, 2015 Gross Gross Amortized Unrealized Unrealized (In thousands) Cost Gains Losses Fair Value State and political subdivisions $ 356,531 $ 12,552 $ 13 $ 369,070 Certificates of deposit 6,626 — — 6,626 Total $ 363,157 $ 12,552 $ 13 $ 375,696 The fair values of securities with unrealized losses are as follows: June 30, 2016 Less than 12 months 12 months or more Total Estimated Unrealized Estimated Unrealized Estimated Unrealized (In thousands) Fair Value Losses Fair Value Losses Fair Value Losses State and political $ 2,503 $ — $ — $ — $ 2,503 $ — subdivisions Certificates of deposit — — — — — — Total $ 2,503 $ — $ — $ — $ 2,503 $ — December 31, 2015 Less than 12 months 12 months or more Total Estimated Unrealized Estimated Unrealized Estimated Unrealized (In thousands) Fair Value Losses Fair Value Losses Fair Value Losses State and political $ 3,638 $ 5 $ 1,208 $ 8 $ 4,846 $ 13 subdivisions Certificates of deposit — — — — — — Total $ 3,638 $ 5 $ 1,208 $ 8 $ 4,846 $ 13 There were four securities, or less than 1% of the total (none greater than 12 months) in an unrealized loss position as of June 30, 2016. There were 5 securities, or 1% of the total (1 greater than 12 months), in an unrealized loss position as of December 31, 2015. All unrealized losses were reviewed to determine whether the losses were other than temporary. Management believes that all unrealized losses are temporary since they were market driven, and it is more likely than not that the Company will not be required to sell prior to recovery of the amortized basis. The amortized cost and fair value of investment securities by contractual maturity are shown in the following table. Expected maturities may differ from contractual maturities because borrowers have the right to prepay obligations with or without prepayment penalties. June 30, 2016 (In thousands) Amortized Cost Fair Value Due in 1 year or less $ 40,517 $ 40,998 Due after 1 year through 5 years 53,112 55,288 Due after 5 years through 10 years 134,465 144,119 Due after 10 years 119,585 127,636 Total $ 347,679 $ 368,041 Proceeds from sales of investment securities classified as available for sale were $2,452,000 and $20,754,000 for the three months ended June 30, 2016 and 2015, respectively, and were $21,491,000 and $65,952,000 for the six months ended June 30, 2016 and 2015, respectively. Gross realized gains were $79,000 and $690,000 for the three months ended June 30, 2016 and 2015, respectively, and were $387,000 and $1,639,000 for the six months ended June 30, 2016 and 2015, respectively. There was one security totaling $3,750,000 pledged to secure public deposits and for other purposes at June 30, 2016.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 12 – Fair Value of Financial Instruments Following is a summary of the carrying amounts and fair values of the Company’s financial instruments: June 30, 2016 December 31, 2015 Carrying Carrying (In thousands) Amount Fair Value Amount Fair Value Balance sheet assets: Cash and cash equivalents $ 274,133 $ 274,133 $ 253,172 $ 253,172 Investment securities 368,041 368,041 375,696 375,696 Loans, net 687,462 688,697 647,420 649,161 Accrued interest receivable 6,345 6,345 6,647 6,647 Total $ 1,335,981 $ 1,337,216 $ 1,282,935 $ 1,284,676 Balance sheet liabilities: Deposits $ 630,995 $ 631,360 $ 646,484 $ 646,892 Accounts and drafts payable 650,988 650,988 577,259 577,259 Accrued interest payable 43 43 35 35 Total $ 1,282,026 $ 1,282,391 $ 1,223,778 $ 1,224,186 The following methods and assumptions were used to estimate the fair value of each class of financial instruments for which it is practicable to estimate that value: Cash and Cash Equivalents – The carrying amount approximates fair value. Investment in Securities – The fair value is measured on a recurring basis using Level 2 valuations. Refer to Note 11, “Investment in Securities,” for fair value and unrealized gains and losses by investment type. Loans – The fair value is estimated using present values of future cash flows discounted at risk-adjusted interest rates for each loan category designated by management and is therefore a Level 3 valuation. Management believes that the risk factor embedded in the interest rates along with the allowance for loan losses result in a fair valuation. Impaired loans are valued using the fair value of the collateral which is based upon an observable market price or a current appraised value and therefore, the fair value is a nonrecurring Level 3 valuation. Accrued Interest Receivable – The carrying amount approximates fair value. Deposits – The fair value of demand deposits, savings deposits and certain money market deposits is the amount payable on demand at the reporting date. The fair value of fixed-maturity certificates of deposit is estimated using the rates currently offered for deposits of similar remaining maturities and therefore, is a Level 2 valuation. The fair value estimates above do not include the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market or the benefit derived from the customer relationship inherent in existing deposits. Accounts and Drafts Payable – The carrying amount approximates fair value. Accrued Interest – The carrying amount approximates fair value. There were no transfers between Levels 1 and 2 of the fair value hierarchy for the six months ended June 30, 2016 and 2015. No financial instruments are measured using Level 3 inputs for the six months ended June 30, 2016 and 2015.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 13 – Subsequent Events In accordance with FASB ASC 855, “Subsequent Events,” the Company has evaluated subsequent events after the consolidated balance sheet date of June 30, 2016, and there were no events identified that would require additional disclosures to prevent the Company’s unaudited consolidated financial statements from being misleading.

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Company's Intangible Assets	Details of the Company’s intangible assets are as follows: June 30, 2016 December 31, 2015 Gross Carrying Accumulated Gross Carrying Accumulated (In thousands) Amount Amortization Amount Amortization Assets eligible for amortization: Customer lists $ 3,933 (2,182 ) $ 3,933 $ (2,023 ) Patents 72 (6 ) 72 (4 ) Non-compete agreements 261 (235 ) 261 (209 ) Software 234 (234 ) 234 (234 ) Other 500 (142 ) 500 (125 ) Unamortized intangible assets: Goodwill 1 11,817 (227 ) 11,817 (227 ) Total intangible assets $ 16,817 $ (3,026 ) $ 16,817 $ (2,822 ) 1

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The calculations of basic and diluted earnings per share are as follows: Three Months Ended Six Months Ended June 30, June 30, (In thousands except share and per share data) 2016 2015 2016 2015 Basic Net income $ 5,869 $ 5,548 $ 11,702 $ 11,087 Weighted-average common shares outstanding 11,134,559 11,388,907 11,184,058 11,414,489 Basic earnings per share $ .53 $ .49 $ 1.05 $ .97 Diluted Net income $ 5,869 $ 5,548 $ 11,702 $ 11,087 Weighted-average common shares outstanding 11,134,559 11,388,907 11,184,058 11,414,489 Effect of dilutive restricted stock and stock appreciation rights 153,459 163,898 153,379 162,705 Weighted-average common shares outstanding assuming dilution 11,288,018 11,552,805 11,337,437 11,577,194 Diluted earnings per share $ .52 $ .48 $ 1.03 $ .96

Industry Segment Information (T

Industry Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Summary of Company's Operations in Each Segment	Summarized information about the Company’s operations in each industry segment is as follows: Corporate, Information Banking Eliminations (In thousands) Services Services and Other Total Three Months Ended June 30, 2016 Fee revenue and other income: Income from customers $ 24,436 $ 6,527 $ — $ 30,963 Intersegment income (expense) 2,815 403 (3,218 ) — Net income 3,478 2,391 — 5,869 Goodwill 11,454 136 — 11,590 Other intangible assets, net 2,201 — — 2,201 Total assets 777,312 753,333 (9,461 ) 1,521,184 Three Months Ended June 30, 2015 Fee revenue and other income Income from customers $ 24,152 $ 5,968 $ — $ 30,120 Intersegment income (expense) 2,350 433 (2,783 ) — Net income 3,591 1,957 — 5,548 Goodwill 11,454 136 — 11,590 Other intangible assets, net 2,597 — — 2,597 Total assets 709,754 675,777 (18,651 ) 1,366,880 Six Months Ended June 30, 2016 Fee revenue and other income: Income from customers $ 47,994 $ 13,738 $ — $ 61,732 Intersegment income (expense) 6,073 779 (6,852 ) — Net income 6,425 5,277 — 11,702 Goodwill 11,454 136 — 11,590 Other intangible assets, net 2,201 — — 2,201 Total assets 777,312 753,333 (9,461 ) 1,521,184 Six Months Ended June 30, 2015 Fee revenue and other income Income from customers $ 48,426 $ 11,487 $ — $ 59,913 Intersegment income (expense) 4,544 856 (5,400 ) — Net income 7,407 3,680 — 11,087 Goodwill 11,454 136 — 11,590 Other intangible assets, net 2,597 — — 2,597 Total assets 709,754 675,777 (18,651 ) 1,366,880

Loans by Type (Tables)

Loans by Type (Tables)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Summary of Loan Categories	A summary of loan categories is as follows: June 30, December 31, (In thousands) 2016 2015 Commercial and industrial $ 225,657 $ 193,430 Real estate Commercial: Mortgage 104,355 108,836 Construction 13,997 1,182 Church, church-related: Mortgage 311,012 306,728 Construction 24,842 28,957 Industrial Revenue Bonds 18,204 19,831 Other 67 91 Total loans $ 698,134 $ 659,055
Schedule of the Aging Loans by Loan Categories	The following table presents the aging of loans by loan categories at June 30, 2016 and December 31, 2015: Performing Nonperforming 90 Days 30-59 60-89 and Non- Total (In thousands) Current Days Days Over accrual Loans June 30, 2016 Commercial and industrial $ 225,657 $ — $ — $ — $ — $ 225,657 Real estate Commercial: Mortgage 104,080 — — — 275 104,355 Construction 13,997 — — — — 13,997 Church, church-related: Mortgage 309,936 989 — — 87 311,012 Construction 24,842 — — — — 24,842 Industrial Revenue Bonds 18,204 — — — — 18,204 Other 67 — — — — 67 Total $ 696,783 $ 989 $ — $ — $ 362 $ 698,134 December 31, 2015 Commercial and industrial $ 193,430 $ — $ — $ — $ — $ 193,430 Real estate Commercial: Mortgage 105,804 — — — 3,032 108,836 Construction 1,182 — — — — 1,182 Church, church-related: Mortgage 306,625 — — — 103 306,728 Construction 28,957 — — — — 28,957 Industrial Revenue Bonds 19,831 — — — — 19,831 Other 91 — — — — 91 Total $ 655,920 $ — $ — $ — $ 3,135 $ 659,055
Schedule of Credit Exposure of the Loan Portfolio	The following table presents the credit exposure of the loan portfolio by internally credit grade as of June 30, 2016 and December 31, 2015: Loans Performing Nonperforming Subject to Loans Subject to Loans Subject Normal Special to Special (In thousands) Monitoring 1 Monitoring 2 Monitoring 2 Total Loans June 30, 2016 Commercial and industrial $ 223,288 $ 2,369 $ — $ 225,657 Real estate Commercial: Mortgage 102,978 1,102 275 104,355 Construction 13,997 — — 13,997 Church, church-related: Mortgage 303,534 7,391 87 311,012 Construction 24,842 — — 24,842 Industrial Revenue Bonds 18,204 — — 18,204 Other 67 — — 67 Total $ 686,910 $ 10,862 $ 362 $ 698,134 December 31, 2015 Commercial and industrial $ 190,303 $ 3,127 $ — $ 193,430 Real estate Commercial: Mortgage 104,642 1,162 3,032 108,836 Construction 1,182 — — 1,182 Church, church-related: Mortgage 299,135 7,490 103 306,728 Construction 28,957 — — 28,957 Industrial Revenue Bonds 19,831 — — 19,831 Other 91 — — 91 Total $ 644,141 $ 11,779 $ 3,135 $ 659,055 1 2
Schedule of Recorded Investment and Unpaid Principal Balance for Impaired Loans	The following table presents the recorded investment and unpaid principal balance for impaired loans at June 30, 2016 and December 31, 2015: Unpaid Related Recorded Principal Allowance for (In thousands) Investment Balance Loan Losses June 30, 2016 Commercial and industrial: Nonaccrual $ — $ — $ — Real estate Commercial – Mortgage: Nonaccrual 275 275 — Church – Mortgage: Nonaccrual 87 87 87 Total impaired loans $ 362 $ 362 $ 87 December 31, 2015 Commercial and industrial: Nonaccrual $ — $ — $ — Real estate Commercial – Mortgage: Nonaccrual 3,032 3,032 1,039 Church – Mortgage: Nonaccrual 103 103 103 Total impaired loans $ 3,135 $ 3,135 $ 1,142
Summary of the Allowance for Loan Losses	A summary of the activity in the allowance for loan losses from December 31, 2015 to June 30, 2016 is as follows: December 31, Charge- June 30, (In thousands) 2015 Offs Recoveries Provision 2016 Commercial and industrial $ 3,083 $ — $ 37 $ 497 $ 3,617 Real estate Commercial: Mortgage 2,803 — — (1,113 ) 1,690 Construction 9 — — 96 105 Church, church-related: Mortgage 4,082 — — 34 4,116 Construction 217 — — (30 ) 187 Industrial Revenue Bonds 320 — — (34 ) 286 Other 1,121 — — (450 ) 671 Total $ 11,635 $ — $ 37 $ (1,000 ) $ 10,672 A summary of the activity in the allowance for loan losses from December 31, 2014 to June 30, 2015 is as follows: December 31, Charge- June 30, (In thousands) 2014 Offs Recoveries Provision 2015 Commercial and industrial $ 3,515 $ — $ 7 $ 78 $ 3,600 Real estate Commercial: Mortgage 3,060 — — (57 ) 3,003 Construction — — — — — Church, church-related: Mortgage 4,016 — 1 52 4,069 Construction 140 — — 20 160 Industrial Revenue Bonds 394 — — (27 ) 367 Other 769 — — (66 ) 703 Total $ 11,894 $ — $ 8 $ — $ 11,902

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Summary of Contractual Cash Obligation of Operating Lease Commitments	The following table summarizes contractual cash obligations of the Company related to operating lease commitments and time deposits at June 30, 2016: Amount of Commitment Expiration per Period Less than 1-3 3-5 Over 5 (In thousands) Total 1 Year Years Years Years Operating lease commitments $ 6,475 $ 1,421 $ 2,322 $ 1,676 $ 1,056 Time deposits 59,972 55,110 2,709 2,153 — Total $ 66,447 $ 56,531 $ 5,031 $ 3,829 $ 1,056

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Restricted Stock Activity	Following is a summary of the activity of the restricted stock: Six Months Ended June 30, 2016 Shares Fair Value Balance at December 31, 2015 69,041 $ 51.33 Granted 34,925 $ 49.95 Vested (29,268 ) $ 50.93 Balance at June 30, 2016 74,698 $ 50.59
Summary of SARs Activity	Following is a summary of the activity of the Company’s SARs program for the six-month period ended June 30, 2016: Weighted- Average Aggregate Average Remaining Intrinsic Exercise Contractual Value Shares Price Term Years (In thousands) Outstanding at December 31, 2015 307,323 $ 36.57 5.99 $ 4,577 Exercised (5,803 ) $ 31.96 Outstanding at June 30, 2016 301,520 $ 36.66 5.49 4,536 Exercisable at June 30, 2016 289,356 $ 35.61 5.40 $ 4,657
Summary of Non-vested SARs Activity	Following is a summary of the activity of the non-vested SARs during the six-month period ended June 30, 2016: Weighted-Average Shares Grant Date Fair Value Non-vested at December 31, 2015 52,507 $ 51.17 Vested (40,343 ) $ 48.02 Non-vested at June 30, 2016 12,164 $ 61.64

Defined Pension Plans (Tables)

Defined Pension Plans (Tables)	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of Net Periodic Pension Costs	The following table represents the components of the net periodic pension costs for 2015 and an estimate for 2016: Estimated Actual (In thousands) 2016 2015 Service cost – benefits earned during the year $ 3,527 $ 3,796 Interest cost on projected benefit obligations 3,480 3,178 Expected return on plan assets (4,734 ) (4,864 ) Net amortization and deferral 1,200 1,542 Net periodic pension cost $ 3,473 $ 3,652
Schedule of Unfunded Supplemental Executive Retirement Plan	The following table represents the components of the net periodic pension costs for 2015 and an estimate for 2016: Estimated Actual (In thousands) 2016 2015 Service cost – benefits earned during the year $ 133 $ 140 Interest cost on projected benefit obligation 367 348 Net amortization 295 654 Net periodic pension cost $ 795 $ 1,142

Investment in Securities (Table

Investment in Securities (Tables)	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Schedule of Investment Securities	The amortized cost, gross unrealized gains, gross unrealized losses and fair value of investment securities are summarized as follows: June 30, 2016 Gross Gross Amortized Unrealized Unrealized (In thousands) Cost Gains Losses Fair Value State and political subdivisions $ 339,803 $ 20,362 $ — $ 360,165 Certificates of deposit 7,876 — — 7,876 Total $ 347,679 $ 20,362 $ — $ 368,041 December 31, 2015 Gross Gross Amortized Unrealized Unrealized (In thousands) Cost Gains Losses Fair Value State and political subdivisions $ 356,531 $ 12,552 $ 13 $ 369,070 Certificates of deposit 6,626 — — 6,626 Total $ 363,157 $ 12,552 $ 13 $ 375,696
Schedule of the Fair Value of Securities with Unrealized Losses	The fair values of securities with unrealized losses are as follows: June 30, 2016 Less than 12 months 12 months or more Total Estimated Unrealized Estimated Unrealized Estimated Unrealized (In thousands) Fair Value Losses Fair Value Losses Fair Value Losses State and political $ 2,503 $ — $ — $ — $ 2,503 $ — subdivisions Certificates of deposit — — — — — — Total $ 2,503 $ — $ — $ — $ 2,503 $ — December 31, 2015 Less than 12 months 12 months or more Total Estimated Unrealized Estimated Unrealized Estimated Unrealized (In thousands) Fair Value Losses Fair Value Losses Fair Value Losses State and political $ 3,638 $ 5 $ 1,208 $ 8 $ 4,846 $ 13 subdivisions Certificates of deposit — — — — — — Total $ 3,638 $ 5 $ 1,208 $ 8 $ 4,846 $ 13
Schedule of Amortized Cost and Fair Value of Investment	The amortized cost and fair value of investment securities by contractual maturity are shown in the following table. Expected maturities may differ from contractual maturities because borrowers have the right to prepay obligations with or without prepayment penalties. June 30, 2016 (In thousands) Amortized Cost Fair Value Due in 1 year or less $ 40,517 $ 40,998 Due after 1 year through 5 years 53,112 55,288 Due after 5 years through 10 years 134,465 144,119 Due after 10 years 119,585 127,636 Total $ 347,679 $ 368,041

Fair Value of Financial Instr28

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Summary of the Fair Value of Financial Instruments	Following is a summary of the carrying amounts and fair values of the Company’s financial instruments: June 30, 2016 December 31, 2015 Carrying Carrying (In thousands) Amount Fair Value Amount Fair Value Balance sheet assets: Cash and cash equivalents $ 274,133 $ 274,133 $ 253,172 $ 253,172 Investment securities 368,041 368,041 375,696 375,696 Loans, net 687,462 688,697 647,420 649,161 Accrued interest receivable 6,345 6,345 6,647 6,647 Total $ 1,335,981 $ 1,337,216 $ 1,282,935 $ 1,284,676 Balance sheet liabilities: Deposits $ 630,995 $ 631,360 $ 646,484 $ 646,892 Accounts and drafts payable 650,988 650,988 577,259 577,259 Accrued interest payable 43 43 35 35 Total $ 1,282,026 $ 1,282,391 $ 1,223,778 $ 1,224,186

Intangible Assets (Narrative) (

Intangible Assets (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 102,000	$ 102,000	$ 204,000	$ 203,000
2,016	407,000		407,000
2,017	356,000		356,000
2,018	356,000		356,000
2,019	356,000		356,000
2,020	$ 356,000		$ 356,000
Customer Lists [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization period			7 years
Customer Lists [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization period			10 years
Patent [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization period			18 years
Non-compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization period			5 years
Software [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization period			3 years
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization period			15 years

Intangible Assets (Schedule of

Intangible Assets (Schedule of Company's Intangible Assets) (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Dec. 31, 2015
Unamortized intangible assets:
Goodwill, Gross Carrying Amount	[1]	$ 11,817	$ 11,817
Goodwill, Accumulated Amortization	[1]	(227)	(227)
Total intangible assets		16,817	16,817
Accumulated Amortization		(3,026)	(2,822)
Customer Lists [Member]
Assets eligible for amortization:
Gross Carrying Amount		3,933	3,933
Accumulated Amortization		(2,182)	(2,023)
Patent [Member]
Assets eligible for amortization:
Gross Carrying Amount		72	72
Accumulated Amortization		(6)	(4)
Non-compete Agreements [Member]
Assets eligible for amortization:
Gross Carrying Amount		261	261
Accumulated Amortization		(235)	(209)
Software [Member]
Assets eligible for amortization:
Gross Carrying Amount		234	234
Accumulated Amortization		(234)	(234)
Other [Member]
Assets eligible for amortization:
Gross Carrying Amount		500	500
Accumulated Amortization		$ (142)	$ (125)
[1]	Amortization through December 31, 2001 prior to adoption of FASB ASC 350.

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Basic
Net income	$ 5,869	$ 5,548	$ 11,702	$ 11,087
Weighted-average common shares outstanding	11,134,559	11,388,907	11,184,058	11,414,489
Basic earnings per share	$ 0.53	$ 0.49	$ 1.05	$ 0.97
Diluted
Net Income	$ 5,869	$ 5,548	$ 11,702	$ 11,087
Weighted-average common shares outstanding	11,134,559	11,388,907	11,184,058	11,414,489
Effect of dilutive restricted stock and stock appreciation rights	153,459	163,898	153,379	162,705
Weighted-average common shares outstanding assuming dilution	11,288,018	11,552,805	11,337,437	11,577,194
Diluted earnings per share	$ 0.52	$ 0.48	$ 1.03	$ 0.96

Stock Repurchases (Details)

Stock Repurchases (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Equity [Abstract]
Number of shares authorized to be repurchased	500,000		500,000
Shares repurchased	111,241	55,297	187,123	124,585
Remaining number of shares available for repurchase	301,156		301,156

Industry Segment Information (D

Industry Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Fee revenue and other income:
Income from customers	$ 30,963	$ 30,120	$ 61,732	$ 59,913
Intersegment income (expense)
Net income	5,869	5,548	11,702	11,087
Goodwill	11,590	11,590	11,590	11,590	$ 11,590
Other intangible assets, net	2,201	2,597	2,201	2,597
Total assets	1,521,184	1,366,880	1,521,184	1,366,880	$ 1,455,506
Information Services [Member]
Fee revenue and other income:
Income from customers	24,436	24,152	47,994	48,426
Intersegment income (expense)	2,815	2,350	6,073	4,544
Net income	3,478	3,591	6,425	7,407
Goodwill	11,454	11,454	11,454	11,454
Other intangible assets, net	2,201	2,597	2,201	2,597
Total assets	777,312	709,754	777,312	709,754
Banking Services [Member]
Fee revenue and other income:
Income from customers	6,527	5,968	13,738	11,487
Intersegment income (expense)	403	433	779	856
Net income	2,391	1,957	5,277	3,680
Goodwill	136	136	136	136
Other intangible assets, net
Total assets	753,333	675,777	753,333	675,777
Corporate Eliminations and Other [Member]
Fee revenue and other income:
Income from customers
Intersegment income (expense)	(3,218)	(2,783)	(6,852)	(5,400)
Net income
Goodwill
Other intangible assets, net
Total assets	$ (9,461)	$ (18,651)	$ (9,461)	$ (18,651)

Loans by Type (Narrative) (Deta

Loans by Type (Narrative) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2014
Receivables [Abstract]
Foreclosed loans amount

Loans by Type (Summary of Loan

Loans by Type (Summary of Loan Categories) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Participating Mortgage Loans [Line Items]
Loans	$ 698,134	$ 659,055
Commercial and Industrial [Member]
Participating Mortgage Loans [Line Items]
Loans	225,657	193,430
Real Estate Commercial Mortgage [Member]
Participating Mortgage Loans [Line Items]
Loans	104,355	108,836
Real Estate Commercial Construction [Member]
Participating Mortgage Loans [Line Items]
Loans	13,997	1,182
Real Estate Church Related Mortgage [Member]
Participating Mortgage Loans [Line Items]
Loans	311,012	306,728
Real Estate Church Related Construction [Member]
Participating Mortgage Loans [Line Items]
Loans	24,842	28,957
Industrial Revenue Bonds [Member]
Participating Mortgage Loans [Line Items]
Loans	18,204	19,831
Other Loan [Member]
Participating Mortgage Loans [Line Items]
Loans	$ 67	$ 91

Loans by Type (Schedule of the

Loans by Type (Schedule of the Aging of Loans by Loan Categories) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Participating Mortgage Loans [Line Items]
Current	$ 696,783	$ 655,920
Nonaccrual	362	3,135
Loans	698,134	659,055
Current [Member]
Participating Mortgage Loans [Line Items]
Current	696,783	655,920
30 to 59 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due	989
60 to 89 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
90 Days and Over [Member]
Participating Mortgage Loans [Line Items]
Past due
Commercial and Industrial [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual
Loans	225,657	193,430
Commercial and Industrial [Member] | Current [Member]
Participating Mortgage Loans [Line Items]
Current	225,657	193,430
Commercial and Industrial [Member] | 30 to 59 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Commercial and Industrial [Member] | 60 to 89 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Commercial and Industrial [Member] | 90 Days and Over [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Commercial Mortgage [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	275	3,032
Loans	104,355	108,836
Real Estate Commercial Mortgage [Member] | Current [Member]
Participating Mortgage Loans [Line Items]
Current	104,080	105,804
Real Estate Commercial Mortgage [Member] | 30 to 59 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Commercial Mortgage [Member] | 60 to 89 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Commercial Mortgage [Member] | 90 Days and Over [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Commercial Construction [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual
Loans	13,997	1,182
Real Estate Commercial Construction [Member] | Current [Member]
Participating Mortgage Loans [Line Items]
Current	13,997	1,182
Real Estate Commercial Construction [Member] | 30 to 59 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Commercial Construction [Member] | 60 to 89 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Commercial Construction [Member] | 90 Days and Over [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Church Related Mortgage [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	87	103
Loans	311,012	306,728
Real Estate Church Related Mortgage [Member] | Current [Member]
Participating Mortgage Loans [Line Items]
Current	309,936	306,625
Real Estate Church Related Mortgage [Member] | 30 to 59 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due	989
Real Estate Church Related Mortgage [Member] | 60 to 89 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Church Related Mortgage [Member] | 90 Days and Over [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Church Related Construction [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual
Loans	24,842	28,957
Real Estate Church Related Construction [Member] | Current [Member]
Participating Mortgage Loans [Line Items]
Current	24,842	28,957
Real Estate Church Related Construction [Member] | 30 to 59 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Church Related Construction [Member] | 60 to 89 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Real Estate Church Related Construction [Member] | 90 Days and Over [Member]
Participating Mortgage Loans [Line Items]
Past due
Industrial Revenue Bonds [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual
Loans	18,204	19,831
Industrial Revenue Bonds [Member] | Current [Member]
Participating Mortgage Loans [Line Items]
Current	18,204	19,831
Industrial Revenue Bonds [Member] | 30 to 59 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Industrial Revenue Bonds [Member] | 60 to 89 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Industrial Revenue Bonds [Member] | 90 Days and Over [Member]
Participating Mortgage Loans [Line Items]
Past due
Other [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual
Loans	67	91
Other [Member] | Current [Member]
Participating Mortgage Loans [Line Items]
Current	67	91
Other [Member] | 30 to 59 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Other [Member] | 60 to 89 Days Past Due [Member]
Participating Mortgage Loans [Line Items]
Past due
Other [Member] | 90 Days and Over [Member]
Participating Mortgage Loans [Line Items]
Past due

Loans by Type (Schedule of th37

Loans by Type (Schedule of the Credit Exposure of the Loan Portfolio) (Details) - USD ($) $ in Thousands		Jun. 30, 2016	Dec. 31, 2015
Participating Mortgage Loans [Line Items]
Loans		$ 698,134	$ 659,055
Loans Subject To Normal Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[1]	686,910	644,141
Performing Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]	10,862	11,779
Nonperforming Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]	362	3,135
Commercial and Industrial [Member]
Participating Mortgage Loans [Line Items]
Loans		225,657	193,430
Commercial and Industrial [Member] | Loans Subject To Normal Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[1]	223,288	190,303
Commercial and Industrial [Member] | Performing Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]	2,369	3,127
Commercial and Industrial [Member] | Nonperforming Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]
Real Estate Commercial Mortgage [Member]
Participating Mortgage Loans [Line Items]
Loans		104,355	108,836
Real Estate Commercial Mortgage [Member] | Loans Subject To Normal Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[1]	102,978	104,642
Real Estate Commercial Mortgage [Member] | Performing Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]	1,102	1,162
Real Estate Commercial Mortgage [Member] | Nonperforming Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]	275	3,032
Real Estate Commercial Construction [Member]
Participating Mortgage Loans [Line Items]
Loans		13,997	1,182
Real Estate Commercial Construction [Member] | Loans Subject To Normal Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[1]	13,997	1,182
Real Estate Commercial Construction [Member] | Performing Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]
Real Estate Commercial Construction [Member] | Nonperforming Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]
Real Estate Church Related Mortgage [Member]
Participating Mortgage Loans [Line Items]
Loans		311,012	306,728
Real Estate Church Related Mortgage [Member] | Loans Subject To Normal Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[1]	303,534	299,135
Real Estate Church Related Mortgage [Member] | Performing Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]	7,391	7,490
Real Estate Church Related Mortgage [Member] | Nonperforming Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]	87	103
Real Estate Church Related Construction [Member]
Participating Mortgage Loans [Line Items]
Loans		24,842	28,957
Real Estate Church Related Construction [Member] | Loans Subject To Normal Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[1]	24,842	28,957
Real Estate Church Related Construction [Member] | Performing Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]
Real Estate Church Related Construction [Member] | Nonperforming Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]
Industrial Revenue Bonds [Member]
Participating Mortgage Loans [Line Items]
Loans		18,204	19,831
Industrial Revenue Bonds [Member] | Loans Subject To Normal Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[1]	18,204	19,831
Industrial Revenue Bonds [Member] | Performing Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]
Industrial Revenue Bonds [Member] | Nonperforming Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]
Other [Member]
Participating Mortgage Loans [Line Items]
Loans		67	91
Other [Member] | Loans Subject To Normal Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[1]	67	91
Other [Member] | Performing Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]
Other [Member] | Nonperforming Loans Subject To Special Monitoring [Member]
Participating Mortgage Loans [Line Items]
Loans	[2]
[1]	Loans subject to normal monitoring involve borrowers of acceptable-to-strong credit quality and risk, who have the apparent ability to satisfy their loan obligations.
[2]	Loans subject to special monitoring possess some credit deficiency or potential weakness which requires a high level of management attention.

Loans by Type (Schedule of Reco

Loans by Type (Schedule of Recorded Investment and Unpaid Principal for Impaired Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Participating Mortgage Loans [Line Items]
Nonaccrual	$ 362	$ 3,135
Recorded Investment [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	362	3,135
Upaid Principal Balance [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	362	3,135
Related Allowance for Loan Losses [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	87	1,142
Commercial and Industrial [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual
Commercial and Industrial [Member] | Recorded Investment [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual
Commercial and Industrial [Member] | Upaid Principal Balance [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual
Commercial and Industrial [Member] | Related Allowance for Loan Losses [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual
Real Estate Commercial Mortgage [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	275	3,032
Real Estate Commercial Mortgage [Member] | Recorded Investment [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	275	3,032
Real Estate Commercial Mortgage [Member] | Upaid Principal Balance [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	275	3,032
Real Estate Commercial Mortgage [Member] | Related Allowance for Loan Losses [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual		1,039
Real Estate Church Related Mortgage [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	87	103
Real Estate Church Related Mortgage [Member] | Recorded Investment [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	87	103
Real Estate Church Related Mortgage [Member] | Upaid Principal Balance [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	87	103
Real Estate Church Related Mortgage [Member] | Related Allowance for Loan Losses [Member]
Participating Mortgage Loans [Line Items]
Nonaccrual	$ 87	$ 103

Loans by Type (Summary of Allow

Loans by Type (Summary of Allowance for Loan Losses) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Participating Mortgage Loans [Line Items]
Beginning Balance	$ 11,635	$ 11,894
Charge-Offs
Recoveries	37	8
Provision	(1,000)
Ending Balance	10,672	11,902
Commercial and Industrial [Member]
Participating Mortgage Loans [Line Items]
Beginning Balance	3,083	3,515
Charge-Offs
Recoveries	37	7
Provision	497	78
Ending Balance	3,617	3,600
Real Estate Commercial Mortgage [Member]
Participating Mortgage Loans [Line Items]
Beginning Balance	2,803	3,060
Charge-Offs
Recoveries
Provision	(1,113)	(57)
Ending Balance	1,690	3,003
Real Estate Commercial Construction [Member]
Participating Mortgage Loans [Line Items]
Beginning Balance	9
Charge-Offs
Recoveries
Provision	96
Ending Balance	105
Real Estate Church Related Mortgage [Member]
Participating Mortgage Loans [Line Items]
Beginning Balance	4,082	4,016
Charge-Offs
Recoveries		1
Provision	34	52
Ending Balance	4,116	4,069
Real Estate Church Related Construction [Member]
Participating Mortgage Loans [Line Items]
Beginning Balance	217	140
Charge-Offs
Recoveries
Provision	(30)	20
Ending Balance	187	160
Industrial Revenue Bonds [Member]
Participating Mortgage Loans [Line Items]
Beginning Balance	320	394
Charge-Offs
Recoveries
Provision	(34)	(27)
Ending Balance	286	367
Other [Member]
Participating Mortgage Loans [Line Items]
Beginning Balance	1,121	769
Charge-Offs
Recoveries
Provision	(450)	(66)
Ending Balance	$ 671	$ 703

Commitments and Contingencies40

Commitments and Contingencies (Narrative) (Details) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Unused loan commitments	$ 23,093,000	$ 11,755,000
Standby letters of credit	15,036,000	11,581,000
Commercial letters of credit	$ 2,056,000	$ 1,857,000

Commitments and Contingencies41

Commitments and Contingencies (Summary of Company's Contractual Cash Obligations) (Details) $ in Thousands	Jun. 30, 2016USD ($)
Commitments and Contingencies Disclosure [Abstract]
Operating lease commitments, Less than 1 Year	$ 1,421
Operating lease commitments, 1 to 3 Years	2,322
Operating lease commitments, 3 to 5 Years	1,676
Operating lease commitments, Over 5 Years	1,056
Operating lease commitments, Total	6,475
Time Deposits, Less than 1 Year	55,110
Time Deposits, 1 to 3 Years	2,709
Time Deposits, 3 to 5 Years	2,153
Time Deposits, over 5 Years
Time Deposits, Total	59,972
Commitments, Less than 1 Year	56,531
Commitments, 1 to 3 Years	5,031
Commitments, 3 to 5 Years	3,829
Commitments, Over 5 Years	1,056
Commitments, Total	$ 66,447

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details)	6 Months Ended
	Jun. 30, 2016USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive Plan, shares authorized	1,500,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost | $	$ 2,591,000
Remaining vesting period	1 year
Vesting period	3 years
Granted, Shares	34,925
SARs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost | $	$ 129,000
Remaining vesting period	7 months 6 days
Vesting period	3 years
Granted, Shares	0

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Restricted Stock Activity) (Details) - Restricted Stock [Member]	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Shares
Beginning balance | shares	69,041
Granted | shares	34,925
Vested | shares	(29,268)
Ending balance | shares	74,698
Fair Value
Beginning balance | $ / shares	$ 51.33
Granted | $ / shares	49.95
Vested | $ / shares	50.93
Ending balance | $ / shares	$ 50.59

Stock-Based Compensation (Sum44

Stock-Based Compensation (Summary of Company's SARs Activity) (Details) - SARs [Member] - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning balance	307,323
Exercised	(5,803)
Ending balance	301,520	307,323
Exercisable	289,356
Outstanding, Weighted Average Exercise Price	$ 36.57
Exercised, Weighted Average Exercise Price	31.96
Outstanding, Weighted Average Exercise Price	36.66	$ 36.57
Exercisable, Weighted Average Exercise Price	$ 35.61
Outstanding, Average Remaining Contractual Term Years	5 years 5 months 27 days	5 years 11 months 27 days
Exercisable, Average Remaining Contractual Term Years	5 years 4 months 24 days
Outstanding, Aggregate Intrinsic Value	$ 4,577
Outstanding, Aggregate Intrinsic Value	4,536	$ 4,577
Exercisable, Aggregate Intrinsic Value	$ 4,657

Stock-Based Compensation (Sum45

Stock-Based Compensation (Summary of Company's Non-vested SARs Activity) (Details) - SARs [Member]	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, beginning, Shares | shares	52,507
Vested | shares	(40,343)
Non-vested, ending, Shares | shares	12,164
Beginning balance | $ / shares	$ 51.17
Vested | $ / shares	48.02
Ending balance | $ / shares	$ 61.64

Defined Pension Plans (Narrativ

Defined Pension Plans (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Pension period			30 years
Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension costs	$ 882,000	$ 977,000	$ 1,759,000	$ 1,968,000
Unfunded Supplemental Executive Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension costs	$ 202,000	$ 286,000	$ 403,000	$ 571,000

Defined Pension Plans (Schedule

Defined Pension Plans (Schedule of Net Periodic Pension Costs) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the year	$ 3,527	$ 3,796
Interest cost on projected benefit obligation	3,480	3,178
Expected return on plan assets	(4,734)	(4,864)
Net amortization and deferral	1,200	1,542
Net periodic pension cost	3,473	3,652
Unfunded Supplemental Executive Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost - benefits earned during the year	133	140
Interest cost on projected benefit obligation	367	348
Net amortization and deferral	295	654
Net periodic pension cost	$ 795	$ 1,142

Income Taxes (Details)

Income Taxes (Details) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Amounts of tax benefits that would affect effective tax rate if recognized	$ 964,000	$ 861,000
Income tax accrued interest	72,000	54,000
Unrecognized tax benefits	1,326,000	$ 1,194,000
Statute of limitations	$ 374,000

Investment in Securities (Narra

Investment in Securities (Narrative) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Number of securities that had an unrealized loss	4		4		5
Percentage of total securities	1.00%		1.00%		1.00%
Proceeds from sales of securities available-for-sale	$ 2,452,000	$ 20,754,000	$ 21,491,000	$ 65,952,000
Gross realized gains	79,000	$ 690,000	387,000	$ 1,639,000
Securities pledged as collateral	$ 3,750,000		$ 3,750,000

Investment in Securities (Sched

Investment in Securities (Schedule of Investment Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Investment [Line Items]
Amortized Cost	$ 347,679	$ 363,157
Gross Unrealized Gains	20,362	12,552
Gross Unrealized Losses		13
Fair Value	368,041	375,696
State and Political Subdivisions [Member]
Investment [Line Items]
Amortized Cost	339,803	356,531
Gross Unrealized Gains	20,362	12,552
Gross Unrealized Losses		13
Fair Value	360,165	369,070
Certificates of Deposit [Member]
Investment [Line Items]
Amortized Cost	7,876	6,626
Gross Unrealized Gains
Gross Unrealized Losses
Fair Value	$ 7,876	$ 6,626

Investment in Securities (Sch51

Investment in Securities (Schedule of the Fair Values of Securities with Unrealized Losses) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Investment [Line Items]
Estimated fair value, less than 12 months	$ 2,503	$ 3,638
Estimated fair value, 12 months or more		1,208
Estimated fair value, total	2,503	4,846
Unrealized losses, less than 12 months		5
Unrealized losses, 12 months or more		8
Unrealized losses, total		13
State and Political Subdivisions [Member]
Investment [Line Items]
Estimated fair value, less than 12 months	2,503	3,638
Estimated fair value, 12 months or more		1,208
Estimated fair value, total	2,503	4,846
Unrealized losses, less than 12 months		5
Unrealized losses, 12 months or more		8
Unrealized losses, total		13
Certificates of Deposit [Member]
Investment [Line Items]
Estimated fair value, less than 12 months
Estimated fair value, 12 months or more
Estimated fair value, total
Unrealized losses, less than 12 months
Unrealized losses, 12 months or more
Unrealized losses, total

Investment in Securities (Sch52

Investment in Securities (Schedule of Amortized Cost and Fair Value of Investment Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Amortized Cost, Due in 1 year or less	$ 40,517
Amortized Cost, Due after 1 year through 5 years	53,112
Amortized Cost, Due after 5 years through 10 years	134,465
Amortized Cost, Due after 10 years	119,585
Amortized Cost, Total	347,679
Fair Value, Due in 1 year or less	40,998
Fair Value, Due after 1 year through 5 years	55,288
Fair Value, Due after 5 years through 10 years	144,119
Fair Value, Due after 10 years	127,636
Fair Value, Total	$ 368,041	$ 375,696

Fair Value of Financial Instr53

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Cash and cash equivalents, Carrying Amount	$ 274,133	$ 253,172	$ 158,611	$ 294,335
Investment securities, Carrying Amount	368,041	375,696
Loans, net, Carrying Amount	687,462	647,420
Accrued interest receivable, Carrying Amount	6,345	6,647
Assets, Carrying Amount	1,335,981	1,282,935
Cash and cash equivalents, Fair Value	274,133	253,172
Investment securities, Fair Value	368,041	375,696
Loans, net, Fair Value	688,697	649,161
Accrued interest receivable, Fair Value	6,345	6,647
Assets, Fair Value	1,337,216	1,284,676
Deposits, Carrying Amount	630,995	646,484
Accounts and drafts payable, Carrying Amount	650,988	577,259
Accrued interest payable, Carrying Amount	43	35
Liabilities, Carrying Amount	1,282,026	1,223,778
Deposits, Fair Value	631,360	646,892
Accounts and drafts payable, Fair Value	650,988	577,259
Accrued interest payable, Fair Value	43	35
Liabilities, Fair Value	$ 1,282,391	$ 1,224,186