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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:      
Interest and fees on loans $ 61,952 $ 48,460 $ 44,799
Taxable 9,288 7,741 7,499
Exempt from federal income tax 3,726 2,807 2,352
Interest on certificates of deposit investments 295 44 0
Interest on federal funds sold 40 0 1
Interest on deposits with other financial institutions 195 199 83
Total interest income 75,496 59,251 54,734
Interest expense:      
Interest on deposits 2,713 2,282 2,351
Interest on securities sold under agreements to repurchase 96 62 47
Interest on FHLB borrowings 630 616 339
Interest on other borrowings 181 13 1
Interest on subordinated debentures 672 526 514
Total interest expense 4,292 3,499 3,252
Net interest income 71,204 55,752 51,482
Provision for loan losses 2,826 1,318 629
Net interest income after provision for loan losses 68,378 54,434 50,853
Other income:      
Trust revenues 3,517 3,746 3,571
Brokerage commissions 1,908 1,315 1,039
Insurance commissions 3,452 2,107 1,796
Service charges 6,791 5,681 5,264
Securities gains, net 1,192 452 715
Mortgage banking revenue, net 1,172 754 596
ATM / debit card revenue 6,004 4,676 3,915
Bank Owned Life Insurance Income 671 0 0
Other income (2,205) (1,813) (1,473)
Total other income 26,912 20,544 18,369
Other expense:      
Salaries and employee benefits 32,354 26,337 24,771
Net occupancy and equipment expense 11,418 9,143 8,347
Net other real estate owned expense 60 19 23
Amortization of intangible assets 966 904 804
Amortization of intangible assets 1,909 891 643
Stationery and supplies 815 681 646
Legal and professional 3,035 2,474 2,333
Marketing and donations 1,845 1,092 1,015
Other expense 9,108 7,707 5,925
Total other expense 61,510 49,248 44,507
Income before income taxes 33,780 25,730 24,715
Income taxes 11,940 9,218 9,254
Net income 21,840 16,512 15,461
Dividends on preferred shares 825 2,200 4,152
Net income available to common stockholders $ 21,015 $ 14,312 $ 11,309
Per share data:      
Basic net income per common share available to common stockholders $ 2.07 $ 1.84 $ 1.88
Diluted earnings per common share 2.05 1.81 1.85
Cash dividends declared per common share $ 0.62 $ 0.59 $ 0.55