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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
INTEREST INCOME    
Interest and fees on loans $ 46,277 $ 46,699
Taxable interest on investment securities 5,639 5,823
Nontaxable interest on investment securities 756 950
Interest on other interest earning assets 420 335
Total interest income 53,092 53,807
INTEREST EXPENSE    
Deposits 4,216 3,603
Junior subordinated debentures 285 354
Interest Expense, Other 34 62
Total interest expense 4,535 4,019
Net interest income 48,557 49,788
Financing Receivable, Credit Loss, Expense (Reversal) 7,946  
Provision for credit losses 9,964 920
Net interest income after provision for credit losses 40,611 48,868
NONINTEREST INCOME    
Service charges and other fees 4,376 4,485
Gain on sale of investment securities, net 1,014 15
Gain on sale of loans, net 547 252
Interest rate swap fees 296 0
Other income 3,247 2,677
Total noninterest income 9,480 7,429
NONINTEREST EXPENSE    
Compensation and employee benefits 22,506 21,914
Occupancy and equipment 5,731 5,458
Data processing 2,360 2,173
Marketing 866 1,098
Professional services 1,377 1,173
State/municipal business and use taxes 757 798
Federal deposit insurance premium 0 285
Other real estate owned, net 25 86
Amortization of intangible assets 903 1,025
Other expense 2,735 2,515
Total noninterest expense 37,260 36,525
Income before income taxes 12,831 19,772
Income tax expense 640 3,220
Net income $ 12,191 $ 16,552
Basic earnings per common share (in usd per share) $ 0.34 $ 0.45
Diluted earnings per common share (in usd per share) 0.33 $ 0.45
Dividends declared per common share (in usd per share) $ 0.20