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Consolidated Statements Of Income - 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 $ 33,750 $ 27,455 $ 94,851 $ 77,540
Interest and dividends on investment securities 5,283 5,941 16,449 17,736
Other interest income 2   6 67
Total interest income 39,035 33,396 111,306 95,343
Interest expense:        
Deposits 5,163 3,089 12,872 7,820
Short-term borrowings 2,434 1,251 6,047 2,815
Long-term borrowings 617 618 1,853 1,853
Total interest expense 8,214 4,958 20,772 12,488
Net interest income 30,821 28,438 90,534 82,855
Provision for loan losses 2,061 2,802 5,050 9,415
Net interest income after provision for loan losses 28,760 25,636 85,484 73,440
Noninterest income:        
Service charges on deposits 1,813 1,901 5,254 5,486
Insurance income 1,501 1,488 3,918 4,052
ATM and debit card 1,557 1,445 4,509 4,230
Investment advisory 2,245 1,497 5,934 4,357
Company owned life insurance 440 449 1,333 1,367
Investments in limited partnerships 328 (14) 1,019 91
Loan servicing 78 105 396 348
Net gain on sale of loans held for sale 303 150 530 270
Net (loss) gain on investment securities (95) 184 (88) 600
Net gain on derivative instruments 354 127 606 127
Net gain on other assets 37 21 49 25
Contingent consideration liability adjustment       1,200
Other 1,337 1,221 3,971 3,590
Total noninterest income 9,898 8,574 27,431 25,743
Noninterest expense:        
Salaries and employee benefits 13,970 12,348 40,270 35,703
Occupancy and equipment 4,337 4,087 12,911 12,235
Professional services 1,353 1,157 3,132 3,229
Computer and data processing 1,291 1,208 3,884 3,691
Supplies and postage 485 492 1,545 1,496
FDIC assessments 498 440 1,486 1,366
Advertising and promotions 949 344 2,647 1,451
Amortization of intangibles 334 288 927 876
Goodwill impairment       1,575
Other 2,304 2,103 6,271 5,728
Total noninterest expense 25,521 22,467 73,073 67,350
Income before income taxes 13,137 11,743 39,842 31,833
Income tax expense 2,560 3,464 7,807 9,365
Net income 10,577 8,279 32,035 22,468
Preferred stock dividends 365 366 1,096 1,097
Net income available to common shareholders $ 10,212 $ 7,913 $ 30,939 $ 21,371
Earnings per common share (Note 3):        
Basic $ 0.64 $ 0.52 $ 1.95 $ 1.44
Diluted 0.64 0.52 1.94 1.44
Cash dividends declared per common share $ 0.24 $ 0.21 $ 0.72 $ 0.63