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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income:      
Interest and fees on loans, including loans held for sale $ 141,497 $ 133,965 $ 130,829
Interest and dividends on securities:      
Taxable 8,715 8,265 9,153
Tax exempt 3,011 2,718 2,705
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 1,189 1,011 1,010
Other, including interest on federal funds sold 1,284 617 323
Total interest income 155,696 146,576 144,020
Interest expense:      
Interest on deposits 14,350 10,921 9,616
Interest on repurchase agreements 1,832 1,155 938
Interest on advances from Federal Home Loan Bank 427 62 49
Interest on long-term debt 1,685 1,417 1,170
Total interest expense 18,294 13,555 11,773
Net interest income 137,402 133,021 132,247
Provision for loan losses 7,521 7,872 8,650
Net interest income after provision for loan losses 129,881 125,149 123,597
Noninterest income:      
Service charges on deposit accounts 25,121 24,966 24,282
Gains on sales of loans, net 1,320 1,831 1,978
Trust and wealth management income 10,453 9,585 9,286
Loan related fees 3,678 4,107 3,821
Bank owned life insurance 2,172 2,199 2,158
Brokerage revenue 1,324 1,314 1,426
Securities gains (losses) 73 522 (106)
Other noninterest income 4,367 3,917 3,964
Total noninterest income 48,508 48,441 46,809
Noninterest expense:      
Officer salaries and employee benefits 11,823 12,198 11,652
Other salaries and employee benefits 47,006 44,877 42,911
Occupancy, net 8,072 7,999 7,826
Equipment 3,049 2,950 3,049
Data processing 7,100 6,497 6,743
Bank franchise tax 5,478 5,671 5,174
Legal fees 1,668 1,906 2,236
Professional fees 1,991 1,890 1,884
Advertising and marketing 2,721 2,614 2,428
FDIC insurance 1,239 1,789 2,382
Other real estate owned provision and expense 4,500 2,879 3,533
Repossession expense 911 1,156 1,265
Amortization of limited partnership investments 2,419 2,623 2,580
Other noninterest expense 11,901 12,077 11,780
Total noninterest expense 109,878 107,126 105,443
Income before income taxes 68,511 66,464 64,963
Income taxes 17,018 19,118 18,531
Net income 51,493 47,346 46,432
Unrealized holding losses on securities available-for-sale:      
Unrealized holding losses arising during the period (820) (4,578) (342)
Less: Reclassification adjustments for realized gains (losses) included in net income 73 522 (106)
Tax benefit (312) (1,785) (83)
Unrealized holding loss on securities available-for-sale, net of tax (581) (3,315) (153)
Implementation of ASU 2018-02 (621) 0 0
Other comprehensive loss, net of tax (1,202) (3,315) (153)
Comprehensive income $ 50,291 $ 44,031 $ 46,279
Basic earnings per share (in dollars per share) $ 2.92 $ 2.70 $ 2.66
Diluted earnings per share (in dollars per share) $ 2.92 $ 2.70 $ 2.66
Weighted average shares outstanding-basic (in shares) 17,631 17,548 17,431
Weighted average shares outstanding-diluted (in shares) 17,653 17,566 17,483
Dividends declared per share (in dollars per share) $ 1.30 $ 1.26 $ 1.22