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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Loans $ 21,035 $ 18,029
Mortgage-backed securities 1,415 1,623
Investment securities and other 623 517
Total interest income 23,073 20,169
Interest expense:    
Deposits 1,271 955
Borrowed funds 1,243 1,081
Total interest expense 2,514 2,036
Net interest income 20,559 18,133
Provision for loan losses 563 375
Net interest income after provision for loan losses 19,996 17,758
Other income:    
Bankcard services revenue 851 783
Wealth management revenue 550 528
Fees and service charges 1,817 1,889
Loan servicing income 56 52
Net gain on sale of loan servicing   81
Net gain on sales of loans available-for-sale 179 193
Net (loss) gain from other real estate operations (406) 21
Income from Bank Owned Life Insurance 319 446
Other 10 (7)
Total other income 3,376 3,986
Operating expenses:    
Compensation and employee benefits 8,466 7,539
Occupancy 1,626 1,454
Equipment 969 798
Marketing 251 274
Federal deposit insurance 529 498
Data processing 1,265 1,088
Check card processing 420 475
Professional fees 498 395
Other operating expense 1,277 1,167
Amortization of core deposit intangible 13  
Merger related expenses 1,402 50
Total operating expenses 16,716 13,738
Income before provision for income taxes 6,656 8,006
Provision for income taxes 2,451 2,744
Net income $ 4,205 $ 5,262
Basic earnings per share $ 0.25 $ 0.32
Diluted earnings per share $ 0.25 $ 0.32
Average basic shares outstanding 16,906 16,476
Average diluted shares outstanding 17,118 16,637