XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest Income        
Interest and fees on loans $ 34,292 $ 31,115 $ 67,210 $ 61,219
Interest and dividends on investment securities:        
Taxable 4,117 3,480 8,098 6,924
Tax-exempt 710 686 1,413 1,349
Interest on deposits in depository institutions 61 17 103 20
Total Interest Income 39,180 35,298 76,824 69,512
Interest Expense        
Interest on deposits 4,918 3,660 9,244 7,088
Interest on short-term borrowings 459 187 919 344
Interest on long-term debt 230 189 441 370
Total Interest Expense 5,607 4,036 10,604 7,802
Net Interest Income 33,573 31,262 66,220 61,710
(Recovery of) Provision for loan losses (2,064) 510 (1,882) 1,191
Net Interest Income After (Recovery of) Provision for Loan Losses 35,637 30,752 68,102 60,519
Non-Interest Income        
Net gains on sale of investment securities 0 0 0 4,276
Bank owned life insurance 722 968 1,543 2,197
Other income 1,389 895 2,297 1,642
Total Non-Interest Income 15,611 14,921 30,105 33,430
Non-Interest Expense        
Salaries and employee benefits 13,551 12,780 26,792 25,948
Occupancy related expense 2,346 2,462 4,750 4,935
Equipment and software related expense 1,895 2,004 3,727 3,895
FDIC insurance expense 313 328 627 703
Advertising 849 781 1,636 1,514
Bankcard expenses 1,064 970 2,139 1,913
Postage, delivery, and statement mailings 515 504 1,093 1,059
Office supplies 329 345 643 706
Legal and professional fees 475 440 925 889
Telecommunications 441 492 941 976
Repossessed asset losses, net of expenses 112 147 482 482
Other expenses 3,021 2,920 6,099 5,756
Total Non-Interest Expense 24,911 24,173 49,854 48,776
Income Before Income Taxes 26,337 21,500 48,353 45,173
Income tax expense 5,358 6,812 9,763 14,459
Net Income Available to Common Shareholders 20,979 14,688 38,590 30,714
Total Comprehensive Income $ 18,542 $ 16,742 $ 27,940 $ 33,641
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]        
Average common shares outstanding, basic (in shares) 15,326 15,462 15,370 15,344
Effect of dilutive securities (in shares) 19 25 20 25
Average common shares outstanding, diluted (in shares) 15,345 15,487 15,390 15,369
Earnings Per Share [Abstract]        
Basic earnings per common share (in dollars per share) $ 1.36 $ 0.94 $ 2.49 $ 1.98
Diluted earnings per common share (in dollars per share) 1.35 0.94 2.48 1.98
Dividends declared per common share (in dollars per share) $ 0.46 $ 0.44 $ 0.92 $ 0.88
Deposit Account [Member]        
Non-Interest Income        
Revenue from Contract with Customer $ 7,323 $ 7,074 $ 14,185 $ 13,805
Debit Card [Member]        
Non-Interest Income        
Revenue from Contract with Customer 4,532 4,372 8,866 8,512
Fiduciary and Trust [Member]        
Non-Interest Income        
Revenue from Contract with Customer $ 1,645 $ 1,612 $ 3,214 $ 2,998