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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income    
Interest and fees on loans $ 21,827 $ 21,573
Interest on securities -- taxable 409 1,019
Interest on securities -- tax-exempt 797 938
Interest on deposits in banks 159 20
Total interest income 23,192 23,550
Interest expense    
Interest on deposits 1,166 1,114
Interest on short-term borrowings 210 516
Interest on long-term debt 675 809
Total interest expense 2,051 2,439
Net interest income 21,141 21,111
Provision for loan losses 492 1,187
Net interest income after provision for loan losses 20,649 19,924
Noninterest income    
Wealth management 790 684
Service charges on deposits 3,113 3,291
Other service charges and fees 2,078 2,010
Insurance commissions 373 2,191
Net gain on sale of securities 1
Net FDIC indemnification asset amortization (1,332) (1,159)
Other operating income 669 885
Total noninterest income 5,691 7,903
Noninterest expense    
Salaries and employee benefits 8,884 10,475
Occupancy expense 1,248 1,531
Furniture and equipment expense 1,091 1,096
Amortization of intangibles 261 278
FDIC premiums and assessments 244 374
Merger, acquisition, and divestiture expense 39
Other operating expense 5,355 5,021
Total noninterest expense 17,083 18,814
Income before income taxes 9,257 9,013
Income tax expense 3,055 2,929
Net income 6,202 6,084
Dividends on preferred stock
Net income available to common shareholders $ 6,202 $ 6,084
Earnings per common share    
Basic (in dollars per share) $ 0.36 $ 0.34
Diluted (in dollars per share) 0.36 0.34
Common dividends declared, per share (in dollars per share) $ 0.16 $ 0.14
Weighted average shares outstanding    
Basic (in shares) 16,998,125 17,859,197
Diluted (in shares) 17,072,174 17,892,531