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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income:      
Interest and fees on loans $ 91,671 $ 89,749 $ 87,718
Interest on securities -- taxable 2,258 1,522 3,229
Interest on securities -- tax-exempt 2,828 3,029 3,624
Interest on deposits in banks 1,537 1,008 153
Total interest income 98,294 95,308 94,724
Interest expense:      
Interest on deposits 5,144 4,987 4,479
Interest on short-term borrowings 811 850 2,101
Interest on long-term debt 1,494 2,253 3,264
Total interest expense 7,449 8,090 9,844
Net interest income 90,845 87,218 84,880
Provision for loan losses 2,393 2,771 1,255
Net interest income after provision for loan losses 88,452 84,447 83,625
Noninterest income:      
Insurance commissions 966 1,347 5,442
Impairment losses on securities (4,646)
Portion of loss recognized in other comprehensive income
Net impairment losses recognized in earnings (4,646)
Net (loss) gain on sale of securities (618) (661) 335
Net FDIC indemnification asset amortization (2,181) (3,517) (5,474)
Net gain on divestitures 3,682
Other operating income 2,548 3,502 3,209
Total noninterest income 26,443 24,568 25,534
Noninterest expense:      
Salaries and employee benefits 36,690 35,774 39,389
Occupancy expense 4,542 4,775 5,297
Furniture and equipment expense 3,980 4,425 4,341
Service fees 3,860 3,348 3,641
Advertising and public relations 2,011 2,206 1,532
Professional fees 1,430 2,567 1,501
Amortization of intangibles 1,039 1,056 1,136
FDIC premiums and assessments 906 910 1,383
Loss on extinguishment of debt 1,096
Goodwill impairment 1,492
Merger, acquisition, and divestiture expense 730
Other operating expense 12,727 11,841 12,264
Total noninterest expense 69,773 66,902 71,214
Income before income taxes 45,122 42,113 37,945
Income tax expense 8,782 20,628 12,819
Net income $ 36,340 $ 21,485 $ 25,126
Earnings per common share      
Basic (in dollars per share) $ 2.19 $ 1.26 $ 1.45
Diluted (in dollars per share) 2.18 1.26 1.45
Cash dividends per common share (in dollars per share) $ 1.26 $ 0.68 $ 0.60
Weighted average shares outstanding      
Basic (in shares) 16,587,504 17,002,116 17,319,689
Diluted (in shares) 16,666,385 17,077,842 17,365,524
Fiduciary and Trust [Member]      
Noninterest income:      
Noninterest income $ 3,262 $ 3,150 $ 2,828
Deposit Account [Member]      
Noninterest income:      
Noninterest income 14,733 13,803 13,588
Financial Service, Other [Member]      
Noninterest income:      
Noninterest income $ 7,733 $ 6,944 $ 6,570