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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest and dividend income    
Loans, including fees $ 62,653 $ 60,259
Investment securities:    
Taxable interest income 6,287 4,913
Tax-exempt interest income 120 140
Dividends 13 13
Interest-bearing deposits in other banks 84 33
Other earning assets 315 688
Total interest and dividend income 69,472 66,046
Interest expense    
Deposits 6,062 4,410
Long-term borrowings 1,511 1,725
Federal Home Loan Bank advances 518 175
Other borrowings 14 7
Total interest expense 8,105 6,317
Net Interest Income 61,367 59,729
Provision (reversal) for loan and lease losses 1,375 (841)
Net interest income after provision (reversal) for loan and lease losses 59,992 60,570
Non-Interest Income    
Service charges on deposit accounts 4,811 4,705
Debit card income 3,086 2,964
Fees on mortgage loans originated and sold 971 1,147
Investment advisory and trust fees 497 1,006
FDIC indemnification asset expense 0 (2,439)
Termination of loss share agreements (9,178) 0
Investment securities gains (losses), net 40 90
Other income 2,339 2,447
Total non-interest income 2,566 9,920
Non-Interest Expense    
Salaries and employee benefits 22,162 23,881
Stock-based compensation expense 317 284
Net occupancy and equipment expense 7,703 8,129
Computer services 3,575 3,397
Software expense 2,036 2,142
Telecommunication expense 1,532 1,380
OREO valuation expense 467 1,390
Net gains on sales of OREO (679) (7)
Foreclosed asset related expense 285 674
Loan workout expense 244 623
Conversion and merger related expense 1,687 0
Professional fees 1,612 1,734
Contingent value right expense 0 116
Regulatory assessments 1,275 1,695
Restructuring charges, net 142 2,341
Other expense 4,580 4,868
Total non-interest expense 46,938 52,647
Income before income taxes 15,620 17,843
Income tax expense 5,780 6,454
Net income $ 9,840 $ 11,389
Earnings per share:    
Basic (in dollars per share) $ 0.23 $ 0.25
Diluted (in dollars per share) $ 0.22 $ 0.24
Weighted average shares outstanding:    
Basic (in shares) 43,063 46,294
Diluted (in shares) 43,904 47,632