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Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Loans and leases, including fees $ 48,641 $ 45,770
Investment securities:    
Investment securities available-for-sale 12,640 12,799
Investment securities held-to-maturity 5,507 5,348
Total investment income 18,147 18,147
Dividends from FHLB stock 393 368
Interest-earning deposits with other institutions and federal funds sold 267 215
Total interest income 67,448 64,500
Interest expense:    
Deposits 1,433 1,437
Borrowings and customer repurchase agreements 429 423
Junior subordinated debentures 153 124
Total interest expense 2,015 1,984
Net interest income before recapture of provision for loan losses 65,433 62,516
Recapture of provision for loan losses (4,500) 0
Net interest income after (recapture of) provision for loan losses 69,933 62,516
Noninterest income:    
Service charges on deposit accounts 3,727 3,747
Trust and investment services 2,296 2,203
Bankcard services 765 555
BOLI income 715 547
Gain on sale of loans 0 1,101
Other 1,219 530
Total noninterest income 8,722 8,683
Noninterest expense:    
Salaries and employee benefits 21,575 21,198
Occupancy and equipment 3,684 3,713
Professional services 1,257 1,248
Software licenses and maintenance 1,561 1,274
Marketing and promotion 1,239 1,427
Acquisition related expenses 676 849
Other 4,125 4,655
Total noninterest expense 34,117 34,364
Earnings before income taxes 44,538 36,835
Income taxes 16,034 13,444
Net earnings 28,504 23,391
Other comprehensive income:    
Unrealized gain on securities arising during the period, before tax 424 27,270
Less: Income tax expense related to items of other comprehensive income (178) (11,453)
Other comprehensive income, net of tax 246 15,817
Comprehensive income $ 28,750 $ 39,208
Basic earnings per common share $ 0.26 $ 0.22
Diluted earnings per common share 0.26 0.22
Cash dividends declared per common share $ 0.12 $ 0.12