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Consolidated Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest income:        
Interest and fees on loans $ 31,343 $ 25,469 $ 61,101 $ 50,085
Interest and dividends on investment securities 5,525 5,898 11,166 11,795
Other interest income   42 4 67
Total interest income 36,868 31,409 72,271 61,947
Interest expense:        
Deposits 4,253 2,500 7,709 4,731
Short-term borrowings 1,912 870 3,613 1,564
Long-term borrowings 618 617 1,236 1,235
Total interest expense 6,783 3,987 12,558 7,530
Net interest income 30,085 27,422 59,713 54,417
Provision for loan losses 40 3,832 2,989 6,613
Net interest income after provision for loan losses 30,045 23,590 56,724 47,804
Noninterest income:        
Service charges on deposits 1,703 1,840 3,441 3,585
Insurance income 1,018 1,133 2,417 2,564
ATM and debit card 1,531 1,456 2,952 2,785
Investment advisory 1,911 1,429 3,689 2,860
Company owned life insurance 443 473 893 918
Investments in limited partnerships 123 135 691 105
Loan servicing 203 123 318 243
Net gain on sale of loans held for sale 131 72 227 120
Net gain on investment securities 7 210 7 416
Net gain on derivative instruments 78   252  
Net gain on other assets 9 6 12 4
Contingent consideration liability adjustment   1,200   1,200
Other 1,392 1,256 2,634 2,369
Total noninterest income 8,549 9,333 17,533 17,169
Noninterest expense:        
Salaries and employee benefits 12,871 11,986 26,300 23,355
Occupancy and equipment 4,167 4,184 8,574 8,148
Professional services 896 1,057 1,779 2,072
Computer and data processing 1,358 1,312 2,593 2,483
Supplies and postage 548 467 1,060 1,004
FDIC assessments 480 469 988 926
Advertising and promotions 721 645 1,698 1,107
Amortization of intangibles 305 291 593 588
Goodwill impairment   1,575   1,575
Other 2,099 1,955 3,967 3,625
Total noninterest expense 23,445 23,941 47,552 44,883
Income before income taxes 15,149 8,982 26,705 20,090
Income tax expense 2,979 2,736 5,247 5,901
Net income 12,170 6,246 21,458 14,189
Preferred stock dividends 366 366 731 731
Net income available to common shareholders $ 11,804 $ 5,880 $ 20,727 $ 13,458
Earnings per common share (Note 3):        
Basic $ 0.74 $ 0.40 $ 1.30 $ 0.92
Diluted 0.74 0.40 1.30 0.92
Cash dividends declared per common share $ 0.24 $ 0.21 $ 0.48 $ 0.42