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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Fee Revenue and Other Income:        
Information services payment and processing revenue $ 19,781 $ 19,743 $ 58,898 $ 57,694
Bank service fees 308 279 908 835
Gains on sales of securities 1,271 23 2,910 23
Other 154 178 468 1,198
Total fee revenue and other income 21,514 20,223 63,184 59,750
Interest Income:        
Interest and fees on loans 7,086 7,486 21,528 22,266
Interest and dividends on securities:        
Taxable 5 3 20 17
Exempt from federal income taxes 2,371 2,353 6,996 7,015
Interest on federal funds sold and other short-term investments 119 149 392 440
Total interest income 9,581 9,991 28,936 29,738
Interest Expense:        
Interest on deposits 498 604 1,610 1,857
Net interest income $ 9,083 $ 9,387 $ 27,326 $ 27,881
Provision for loan losses
Net interest income after provision for loan losses $ 9,083 $ 9,387 $ 27,326 $ 27,881
Total net revenue 30,597 29,610 90,510 87,631
Operating Expense:        
Salaries and employee benefits 17,761 16,515 52,630 49,166
Occupancy 872 783 2,565 2,345
Equipment 1,067 945 3,208 3,092
Amortization of intangible assets 103 121 306 362
Other operating expense 2,831 2,832 8,873 8,562
Total operating expense 22,634 21,196 67,582 63,527
Income before income tax expense 7,963 8,414 22,928 24,104
Income tax expense 2,083 2,013 5,961 5,857
Net income $ 5,880 $ 6,401 $ 16,967 $ 18,247
Basic earnings per share $ 0.52 $ 0.56 $ 1.49 $ 1.59
Diluted earnings per share $ 0.51 $ 0.55 $ 1.47 $ 1.57