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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income:    
Loans, including fees $ 42,012 $ 29,035
Taxable investment securities 3,717 2,927
Tax-exempt investment securities 1,512 1,406
Other 164 20
Total interest income 47,405 33,388
Interest expense:    
Deposits 7,949 5,695
Short-term borrowings 334 457
Long-term debt 1,716 1,260
Total interest expense 9,999 7,412
Net interest income 37,406 25,976
Credit loss expense 21,733 1,594
Net interest income after credit loss expense 15,673 24,382
Noninterest income:    
Investment services and trust activities 2,536 1,390
Service charges and fees 1,826 1,442
Card revenue 1,365 998
Loan revenue 1,123 393
Bank-owned life insurance 520 392
Insurance commissions 0 420
Investment securities gains, net 42 17
Other 2,743 358
Total noninterest income 10,155 5,410
Noninterest expense:    
Compensation and employee benefits 16,617 12,579
Occupancy expense of premises, net 2,341 1,879
Equipment 1,880 1,371
Legal and professional 1,535 965
Data processing 1,354 845
Marketing 1,062 606
Amortization of intangibles 2,028 452
FDIC insurance 448 370
Communications 457 342
Foreclosed assets, net 138 58
Other 2,141 1,150
Total noninterest expense 30,001 20,617
(Loss) income before income tax (benefit) expense (4,173) 9,175
Income tax (benefit) expense (2,198) 1,890
Net (loss) income $ (1,975) $ 7,285
Per common share information    
Earnings (loss) - basic (in dollars per share) $ (0.12) $ 0.60
Earnings (loss) - diluted (in dollars per share) (0.12) 0.60
Dividends paid (in dollars per share) $ 0.2200 $ 0.2025