XML 17 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income:        
Interest and fees on loans $ 28,850 $ 20,385 $ 75,219 $ 61,337
Interest on investment securities 4,511 4,179 13,271 12,585
Interest on certificates of deposit investments 13 9 34 41
Interest on federal funds sold 2 1 5 62
Interest on deposits with other financial institutions 112 40 248 217
Total interest income 33,488 24,614 88,777 74,242
Interest expense:        
Interest on deposits 2,217 1,028 5,149 2,840
Interest on securities sold under agreements to repurchase 72 51 196 137
Interest on FHLB borrowings 559 283 1,309 602
Interest on other borrowings 148 143 374 385
Interest on subordinated debentures 405 236 1,013 680
Total interest expense 3,401 1,741 8,041 4,644
Net interest income 30,087 22,873 80,736 69,598
Provision for loan losses 2,551 1,489 5,483 5,051
Net interest income after provision for loan losses 27,536 21,384 75,253 64,547
Other income:        
Revenue From Contract With Customer, Trust 919 925 2,934 2,696
Brokerage commissions 660 536 1,986 1,550
Insurance commissions 877 670 3,202 3,148
Revenue From Contract With Customer, Deposit Service Charges 2,009 1,758 5,447 5,160
Securities gains, net 0 254 901 589
Revenue From Contract With Customer, Mortgage Banking 368 347 939 875
Revenue From Contract With Customer, ATM & Debit Card 1,979 1,595 5,443 4,828
Bank Owned Life Insurance Income 342 792 933 1,355
Other 765 784 1,982 2,925
Total other income 7,919 7,661 23,767 23,126
Other expense:        
Salaries and employee benefits 11,600 9,648 32,851 29,685
Net occupancy and equipment expense 3,530 3,129 10,308 9,378
Net Other Real Estate Owned (Income) Expense (61) 385 22 530
FDIC insurance 174 210 740 679
Amortization of intangible assets 838 545 2,059 1,651
Stationery and supplies 328 168 725 539
Legal and professional 1,071 871 3,925 2,596
Marketing and donations 468 338 1,253 909
Other 6,542 2,618 11,777 9,102
Total other expense 24,490 17,912 63,660 55,069
Income before income taxes 10,965 11,133 35,360 32,604
Income taxes 2,731 3,538 8,699 10,545
Net income $ 8,234 $ 7,595 $ 26,661 $ 22,059
Per share data:        
Basic earnings per common share $ 0.54 $ 0.61 $ 1.91 $ 1.76
Diluted net income per common share available to common stockholders 0.54 0.61 1.90 1.76
Common Stock, Dividends, Per Share, Declared $ 0.00 $ 0.00 $ 0.34 $ 0.32