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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income:    
Interest and fees on loans $ 29,758 $ 24,616
Interest and dividends on investment securities 5,641 5,897
Other interest income 4 25
Total interest income 35,403 30,538
Interest expense:    
Deposits 3,456 2,231
Short-term borrowings 1,701 694
Long-term borrowings 618 618
Total interest expense 5,775 3,543
Net interest income 29,628 26,995
Provision for loan losses 2,949 2,781
Net interest income after provision for loan losses 26,679 24,214
Noninterest income:    
Service charges on deposits 1,738 1,745
Insurance income 1,399 1,431
ATM and debit card 1,421 1,329
Investment advisory 1,778 1,431
Company owned life insurance 450 445
Investments in limited partnerships 568 (30)
Loan servicing 115 120
Net gain on sale of loans held for sale 96 48
Net gain on investment securities   206
Net gain (loss) on other assets 3 (2)
Other 1,416 1,113
Total noninterest income 8,984 7,836
Noninterest expense:    
Salaries and employee benefits 13,429 11,369
Occupancy and equipment 4,407 3,964
Professional services 883 1,015
Computer and data processing 1,235 1,171
Supplies and postage 512 537
FDIC assessments 508 457
Advertising and promotions 977 462
Amortization of intangibles 288 297
Other 1,868 1,670
Total noninterest expense 24,107 20,942
Income before income taxes 11,556 11,108
Income tax expense 2,268 3,165
Net income 9,288 7,943
Preferred stock dividends 365 365
Net income available to common shareholders $ 8,923 $ 7,578
Earnings per common share (Note 3):    
Basic $ 0.56 $ 0.52
Diluted 0.56 0.52
Cash dividends declared per common share $ 0.24 $ 0.21
Weighted average common shares outstanding:    
Basic 15,890 14,479
Diluted 15,941 14,528