XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Fee Revenue and Other Income:        
Information services payment and processing revenue $ 26,020 $ 23,761 $ 76,068 $ 69,332
Bank service fees 300 327 994 998
Losses on sales of securities (42)
Other 115 119 429 448
Total fee revenue and other income 26,435 24,207 77,449 70,778
Interest Income:        
Interest and fees on loans 8,367 7,209 23,832 21,266
Interest and dividends on securities:        
Taxable 618 107 1,428 268
Exempt from federal income taxes 2,111 2,605 7,008 7,865
Interest on federal funds sold and other short-term investments 1,119 744 2,748 1,597
Total interest income 12,215 10,665 35,016 30,996
Interest Expense:        
Interest on deposits 1,029 571 2,502 1,521
Net interest income 11,186 10,094 32,514 29,475
Provision for loan losses
Net interest income after provision for loan losses 11,186 10,094 32,514 29,475
Total net revenue 37,621 34,301 109,963 100,253
Operating Expense:        
Personnel 21,747 19,423 63,718 57,384
Occupancy 975 903 2,754 2,634
Equipment 1,434 1,242 4,150 3,746
Amortization of intangible assets 110 110 331 317
Other operating expense 4,264 3,364 11,222 10,180
Total operating expense 28,530 25,042 82,175 74,261
Income before income tax expense 9,091 9,259 27,788 25,992
Income tax expense 1,481 2,396 4,577 6,309
Net income $ 7,610 $ 6,863 $ 23,211 $ 19,683
Basic earnings per share $ 0.62 $ 0.56 $ 1.90 $ 1.61
Diluted earnings per share $ 0.61 $ 0.55 $ 1.87 $ 1.58