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Condensed Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest income:        
Interest and fees on loans, including loans held for sale $ 32,847 $ 32,191 $ 97,691 $ 95,741
Interest and dividends on securities        
Taxable 2,044 2,763 7,007 8,616
Tax exempt 679 664 2,032 1,912
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 252 252 756 882
Other, including interest on federal funds sold 90 87 234 310
Total interest income 35,912 35,957 107,720 107,461
Interest expense:        
Interest on deposits 2,412 2,475 7,077 7,409
Interest on repurchase agreements and other short-term borrowings 231 205 689 614
Interest on advances from Federal Home Loan Bank 9 6 33 17
Interest on long-term debt 295 283 869 850
Total interest expense 2,947 2,969 8,668 8,890
Net interest income 32,965 32,988 99,052 98,571
Provision for loan losses 2,520 3,300 6,740 5,380
Net interest income after provision for loan losses 30,445 29,688 92,312 93,191
Noninterest income:        
Service charges on deposit accounts 6,348 6,321 17,976 17,739
Gains on sales of loans, net 462 303 1,575 781
Trust and wealth management income 2,297 2,395 6,902 6,703
Loan related fees 641 1,128 2,747 2,573
Bank owned life insurance 581 523 1,623 1,473
Brokerage revenue 395 505 1,058 1,709
Securities gains (losses) 12 (34) 142 (145)
Other noninterest income 1,299 865 2,976 2,210
Total noninterest income 12,035 12,006 34,999 33,043
Noninterest expense:        
Officer salaries and employee benefits 3,288 2,584 9,179 8,206
Other salaries and employee benefits 10,687 10,881 32,063 31,950
Occupancy, net 1,942 2,007 5,937 6,108
Equipment 746 831 2,295 2,669
Data processing 1,577 2,017 5,204 5,875
Bank franchise tax 1,272 1,208 3,816 3,625
Legal fees 505 558 1,604 1,912
Professional fees 524 491 1,497 1,331
FDIC insurance 606 575 1,798 1,782
Other real estate owned provision and expense 1,289 707 2,525 2,948
Repossession expense 347 322 947 863
Other noninterest expense 4,751 3,682 12,800 10,711
Total noninterest expense 27,534 25,863 79,665 77,980
Income before income taxes 14,946 15,831 47,646 48,254
Income taxes 3,724 4,907 13,084 14,995
Net income 11,222 10,924 34,562 33,259
Unrealized holding gains (losses) on securities available-for-sale:        
Unrealized holding gains (losses) arising during the period 3,463 (2,009) 3,525 10,642
Less: Reclassification adjustments for realized gains (losses) included in net income 12 (34) 142 (145)
Tax (benefit) expense 1,208 (691) 1,184 3,776
Other comprehensive income (loss), net of tax 2,243 (1,284) 2,199 7,011
Comprehensive income $ 13,465 $ 9,640 $ 36,761 $ 40,270
Basic earnings per share (in dollars per share) $ 0.64 $ 0.63 $ 1.98 $ 1.92
Diluted earnings per share (in dollars per share) $ 0.64 $ 0.63 $ 1.98 $ 1.91
Weighted average shares outstanding-basic (in shares) 17,440 17,326 17,420 17,317
Weighted average shares outstanding-diluted (in shares) 17,491 17,402 17,472 17,395
Dividends declared per share (in dollars per share) $ 0.310 $ 0.300 $ 0.910 $ 0.881