XML 17 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Fee Revenue and Other Income:    
Information services payment and processing revenue $ 25,503 $ 26,457
Bank service fees 410 376
Gains on sales of securities 1,069 11
Other 113 169
Total fee revenue and other income 27,095 27,013
Interest Income:    
Interest and fees on loans 9,001 8,629
Interest and dividends on securities:    
Taxable 560 642
Exempt from federal income taxes 1,819 2,037
Interest on federal funds sold and other short-term investments 958 1,589
Total interest income 12,338 12,897
Interest Expense:    
Interest on deposits 963 1,290
Interest on short-term borrowings 2
Net interest income 11,373 11,607
Provision for loan losses 325 250
Net interest income after provision for loan losses 11,048 11,357
Total net revenue 38,143 38,370
Operating Expense:    
Salaries and employee benefits 22,427 22,277
Occupancy 941 959
Equipment 1,635 1,469
Amortization of intangible assets 215 107
Other operating expense 3,711 3,650
Total operating expense 28,929 28,462
Income before income tax expense 9,214 9,908
Income tax expense 1,669 1,745
Net income $ 7,545 $ 8,163
Basic earnings per share $ 0.52 $ 0.56
Diluted earnings per share $ 0.52 $ 0.55