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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest income:        
Interest and fees on loans $ 22,368 $ 20,446 $ 44,425 $ 40,583
Interest and dividends on investment securities 5,877 5,513 11,455 10,373
Interest and Other Income 1   1  
Total interest income 28,246 25,959 55,881 50,956
Interest expense:        
Deposits 2,086 1,827 4,045 3,447
Short-term borrowings 344 213 683 443
Long-term borrowings 617 515 1,235 515
Total interest expense 3,047 2,555 5,963 4,405
Net interest income 25,199 23,404 49,918 46,551
Provision for loan losses 1,952 1,288 4,320 4,029
Net interest income after provision for loan losses 23,247 22,116 45,598 42,522
Noninterest income:        
Service charges on deposits 1,755 1,964 3,479 3,843
Insurance income 1,183 1,057 2,855 2,665
ATM and debit card 1,421 1,283 2,746 2,476
Investment advisory 1,365 541 2,608 1,028
Company owned life insurance 486 493 1,854 960
Investments in limited partnerships 36 55 92 529
Loan servicing 112 96 228 263
Net gain on sale of loans held for sale 78 39 156 108
Net gain on disposal of investment securities 1,387   2,000 1,062
Net gain on disposal of other assets 82 16 86 20
Other 1,011 911 2,029 1,798
Total noninterest income 8,916 6,455 18,133 14,752
Noninterest expense:        
Salaries and employee benefits 10,818 10,606 22,432 20,829
Occupancy and equipment 3,664 3,375 7,289 7,074
Professional services 2,833 866 4,280 1,834
Computer and data processing 913 810 1,717 1,512
Supplies and postage 464 508 1,058 1,071
FDIC assessments 441 415 877 833
Advertising and promotions 347 238 724 477
Other 2,640 2,418 4,961 4,617
Total noninterest expense 22,120 19,236 43,338 38,247
Income before income taxes 10,043 9,335 20,393 19,027
Income tax expense 2,892 2,750 5,624 5,641
Net income 7,151 6,585 14,769 13,386
Preferred stock dividends 366 366 731 731
Net income available to common shareholders $ 6,785 $ 6,219 $ 14,038 $ 12,655
Earnings per common share (Note 3):        
Basic $ 0.47 $ 0.44 $ 0.97 $ 0.90
Diluted 0.47 0.44 0.97 0.90
Cash dividends declared per common share $ 0.20 $ 0.20 $ 0.40 $ 0.40
Weighted average common shares outstanding:        
Basic 14,434 14,078 14,415 14,071
Diluted 14,489 14,121 14,477 14,118