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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 $ 22,556 $ 22,694 $ 67,733 $ 67,435
Interest on securities -- taxable 666 341 1,704 1,157
Interest on securities -- tax-exempt 706 739 2,133 2,299
Interest on deposits in banks 358 275 1,343 655
Total interest income 24,286 24,049 72,913 71,546
Interest expense:        
Interest on deposits 1,269 1,275 3,847 3,674
Interest on short-term borrowings 204 213 606 634
Interest on long-term debt 488 511 1,494 1,753
Total interest expense 1,961 1,999 5,947 6,061
Net interest income 22,325 22,050 66,966 65,485
Provision for loan losses 495 730 1,485 2,156
Net interest income after provision for loan losses 21,830 21,320 65,481 63,329
Noninterest income:        
Insurance commissions 299 306 966 1,004
Net loss on sale of securities (618) (618) (657)
Net FDIC indemnification asset amortization (645) (268) (1,602) (3,186)
Other operating income 964 593 2,393 2,336
Total noninterest income 6,519 6,703 20,146 17,070
Noninterest expense:        
Salaries and employee benefits 8,983 9,001 27,417 26,771
Occupancy expense 1,075 1,082 3,408 3,671
Furniture and equipment expense 985 1,133 2,976 3,311
Service fees 1,134 705 2,813 2,645
Advertising and public relations 478 551 1,461 1,700
Professional fees 337 339 1,074 1,978
Amortization of intangibles 261 266 785 790
FDIC premiums and assessments 234 227 697 698
Loss on extinguishment of debt 1,096 1,096
Goodwill impairment 1,492 1,492
Other operating expense 2,056 3,173 9,188 8,655
Total noninterest expense 18,131 16,477 52,407 50,219
Income before income taxes 10,218 11,546 33,220 30,180
Income tax expense 1,118 3,894 6,186 9,908
Net income $ 9,100 $ 7,652 $ 27,034 $ 20,272
Earnings per common share        
Basic (in dollars per share) $ 0.55 $ 0.45 $ 1.62 $ 1.19
Diluted (in dollars per share) 0.55 0.45 1.61 1.19
Cash dividends per common share (in dollars per share) $ 0.21 $ 0.18 $ 1.05 $ 0.50
Weighted average shares outstanding        
Basic (in shares) 16,512,823 17,005,654 16,717,704 17,005,350
Diluted (in shares) 16,612,416 17,082,729 16,810,425 17,076,958
Fiduciary and Trust [Member]        
Noninterest income:        
Noninterest income $ 791 $ 758 $ 2,408 $ 2,339
Deposit Account [Member]        
Noninterest income:        
Noninterest income 3,803 3,605 10,883 10,078
Financial Service, Other [Member]        
Noninterest income:        
Noninterest income $ 1,925 $ 1,709 $ 5,716 $ 5,156