XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income:    
Interest and fees on loans $ 22,755 $ 21,827
Interest on securities -- taxable 389 409
Interest on securities -- tax-exempt 715 797
Interest on deposits in banks 471 159
Total interest income 24,330 23,192
Interest expense:    
Interest on deposits 1,251 1,166
Interest on short-term borrowings 200 210
Interest on long-term debt 500 675
Total interest expense 1,951 2,051
Net interest income 22,379 21,141
Provision for loan losses 495 492
Net interest income after provision for loan losses 21,884 20,649
Noninterest income:    
Insurance commissions 329 373
Net FDIC indemnification asset amortization (382) (1,332)
Other operating income 602 669
Total noninterest income 6,446 5,115
Noninterest expense:    
Salaries and employee benefits 9,441 8,748
Occupancy expense 1,250 1,248
Furniture and equipment expense 1,046 1,091
Service fees 828 845
Advertising and public relations 522 605
Professional fees 307 822
Amortization of intangibles 261 261
FDIC premiums and assessments 211 244
Other operating expense 3,028 2,643
Total noninterest expense 16,894 16,507
Income before income taxes 11,436 9,257
Income tax expense 2,568 3,055
Net income $ 8,868 $ 6,202
Earnings per common share    
Basic (in dollars per share) $ 0.52 $ 0.36
Diluted (in dollars per share) 0.52 0.36
Cash dividends per common share (in dollars per share) $ 0.66 $ 0.16
Weighted average shares outstanding    
Basic (in shares) 16,955,758 16,998,125
Diluted (in shares) 17,047,638 17,072,174
Fiduciary and Trust [Member]    
Noninterest income:    
Noninterest income $ 794 $ 790
Deposit Account [Member]    
Noninterest income:    
Noninterest income 3,468 3,113
Financial Service, Other [Member]    
Noninterest income:    
Noninterest income $ 1,635 $ 1,502