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Condensed Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Interest and fees on loans, including loans held for sale $ 33,324 $ 32,175
Interest and dividends on securities    
Taxable 2,093 2,555
Tax exempt 692 671
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 254 254
Other, including interest on federal funds sold 164 70
Total interest income 36,527 35,725
Interest expense:    
Interest on deposits 2,571 2,306
Interest on repurchase agreements and other short-term borrowings 264 216
Interest on advances from Federal Home Loan Bank 44 14
Interest on long-term debt 324 284
Total interest expense 3,203 2,820
Net interest income 33,324 32,905
Provision for loan losses 1,765 1,901
Net interest income after provision for loan losses 31,559 31,004
Noninterest income:    
Service charges on deposit accounts 5,845 5,582
Gains on sales of loans, net 316 290
Trust and wealth management income 2,275 2,239
Loan related fees 611 864
Bank owned life insurance 530 521
Brokerage revenue 363 296
Securities gains 68 144
Other noninterest income 963 800
Total noninterest income 10,971 10,736
Noninterest expense:    
Officer salaries and employee benefits 3,093 2,972
Other salaries and employee benefits 11,040 10,673
Occupancy, net 2,057 2,087
Equipment 715 777
Data processing 1,569 1,932
Bank franchise tax 1,399 1,268
Legal fees 480 573
Professional fees 439 425
Advertising and marketing 629 566
FDIC insurance 583 606
Other real estate owned provision and expense 551 484
Repossession expense 215 344
Amortization of limited partnership investments 535 253
Other noninterest expense 2,937 2,858
Total noninterest expense 26,242 25,818
Income before income taxes 16,288 15,922
Income taxes 4,686 4,984
Net income 11,602 10,938
Unrealized holding gains on securities available-for-sale:    
Unrealized holding gains arising during the period 5,803 5,447
Less: Reclassification adjustments for realized gains included in net income 68 144
Tax expense 2,007 1,856
Other comprehensive income, net of tax 3,728 3,447
Comprehensive income $ 15,330 $ 14,385
Basic earnings per share (in dollars per share) $ 0.66 $ 0.63
Diluted earnings per share (in dollars per share) $ 0.66 $ 0.63
Weighted average shares outstanding-basic (in shares) 17,513 17,400
Weighted average shares outstanding-diluted (in shares) 17,533 17,451
Dividends declared per share (in dollars per share) $ 0.310 $ 0.300