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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Fee Revenue and Other Income:        
Information services payment and processing revenue $ 20,880 $ 19,699 $ 40,425 $ 39,117
Bank service fees 289 299 647 600
Gains on sales of securities 79 690 387 1,639
Other 209 150 503 314
Total fee revenue and other income 21,457 20,838 41,962 41,670
Interest Income:        
Interest and fees on loans 7,316 7,356 14,447 14,442
Interest and dividends on securities:        
Taxable 21 12 33 15
Exempt from federal income taxes 2,437 2,322 4,831 4,625
Interest on federal funds sold and other short-term investments 236 113 476 273
Total interest income 10,010 9,803 19,787 19,355
Interest Expense:        
Interest on deposits 504 521 1,017 1,112
Net interest income 9,506 9,282 18,770 18,243
Provision for loan losses (1,000)
Net interest income after provision for loan losses 9,506 9,282 19,770 18,243
Total net revenue 30,963 30,120 61,732 59,913
Operating Expense:        
Salaries and employee benefits 18,102 17,543 35,948 34,869
Occupancy 866 856 1,700 1,693
Equipment 1,110 1,070 2,165 2,141
Amortization of intangible assets 102 102 204 203
Other operating expense 2,879 3,069 5,958 6,042
Total operating expense 23,059 22,640 45,975 44,948
Income before income tax expense 7,904 7,480 15,757 14,965
Income tax expense 2,035 1,932 4,055 3,878
Net income $ 5,869 $ 5,548 $ 11,702 $ 11,087
Basic earnings per share $ 0.53 $ 0.49 $ 1.05 $ 0.97
Diluted earnings per share $ 0.52 $ 0.48 $ 1.03 $ 0.96