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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income:      
Interest and fees on loans, including loans held for sale $ 154,552 $ 141,497 $ 133,965
Interest and dividends on securities:      
Taxable 10,015 8,715 8,265
Tax exempt 2,796 3,011 2,718
Dividends on Federal Reserve Bank and Federal Home Loan Bank stock 1,303 1,189 1,011
Interest on Federal Reserve Bank deposits 2,525 1,068 536
Other, including interest on federal funds sold 259 216 81
Total interest income 171,450 155,696 146,576
Interest expense:      
Interest on deposits 23,714 14,350 10,921
Interest on repurchase agreements and federal funds purchased 3,312 1,832 1,155
Interest on advances from Federal Home Loan Bank 27 427 62
Interest on long-term debt 2,242 1,685 1,417
Total interest expense 29,295 18,294 13,555
Net interest income 142,155 137,402 133,021
Provision for loan losses 6,167 7,521 7,872
Net interest income after provision for loan losses 135,988 129,881 125,149
Noninterest income:      
Service charges on deposit accounts 25,974 25,121 24,966
Gains on sales of loans, net 1,288 1,320 1,831
Trust and wealth management income 11,313 10,453 9,585
Loan related fees 3,729 3,678 4,107
Bank owned life insurance 3,672 2,172 2,199
Brokerage revenue 1,354 1,324 1,314
Securities gains (losses) (85) 73 522
Other noninterest income 4,707 4,367 3,917
Total noninterest income 51,952 48,508 48,441
Noninterest expense:      
Officer salaries and employee benefits 12,906 11,823 12,198
Other salaries and employee benefits 48,656 47,006 44,877
Occupancy, net 8,167 8,072 7,999
Equipment 2,878 3,049 2,950
Data processing 6,680 7,100 6,497
Bank franchise tax 6,557 5,478 5,671
Legal fees 1,637 1,668 1,906
Professional fees 2,093 1,991 1,890
Advertising and marketing 2,995 2,721 2,614
FDIC insurance 1,171 1,239 1,789
Other real estate owned provision and expense 4,324 4,500 2,879
Repossession expense 1,249 911 1,156
Amortization of limited partnership investments 2,527 2,419 2,623
Other noninterest expense 15,558 11,901 12,077
Total noninterest expense 117,398 109,878 107,126
Income before income taxes 70,542 68,511 66,464
Income taxes 11,314 17,018 19,118
Net income 59,228 51,493 47,346
Unrealized holding losses on securities available-for-sale:      
Unrealized holding losses arising during the period (5,393) (820) (4,578)
Less: Reclassification adjustments for realized gains (losses) included in net income (821) 73 522
Tax benefit (960) (312) (1,785)
Other comprehensive loss, net of tax (3,612) (581) (3,315)
Comprehensive income $ 55,616 $ 50,912 $ 44,031
Basic earnings per share (in dollars per share) $ 3.35 $ 2.92 $ 2.70
Diluted earnings per share (in dollars per share) $ 3.35 $ 2.92 $ 2.70
Weighted average shares outstanding-basic (in shares) 17,687 17,631 17,548
Weighted average shares outstanding-diluted (in shares) 17,703 17,653 17,566
Dividends declared per share (in dollars per share) $ 1.38 $ 1.30 $ 1.26