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Condensed Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income:    
Interest and fees on loans, including loans held for sale $ 40,910 $ 36,577
Interest and dividends on securities    
Taxable 3,163 2,470
Tax exempt 678 697
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 296 333
Interest on Federal Reserve Bank deposits 786 439
Other, including interest on federal funds sold 56 64
Total interest income 45,889 40,580
Interest expense:    
Interest on deposits 8,075 4,872
Interest on repurchase agreements and federal funds purchased 1,156 635
Interest on advances from Federal Home Loan Bank 39 2
Interest on long-term debt 636 480
Total interest expense 9,906 5,989
Net interest income 35,983 34,591
Provision for loan losses 190 946
Net interest income after provision for loan losses 35,793 33,645
Noninterest income:    
Service charges on deposit accounts 6,120 6,221
Gains on sales of loans, net 330 279
Trust and wealth management income 2,575 2,958
Loan related fees 573 1,144
Bank owned life insurance 558 1,764
Brokerage revenue 261 283
Securities gains (losses) 356 (288)
Other noninterest income 1,397 949
Total noninterest income 12,170 13,310
Noninterest expense:    
Officer salaries and employee benefits 3,374 3,214
Other salaries and employee benefits 12,585 12,405
Occupancy, net 2,051 2,116
Equipment 739 717
Data processing 1,763 1,636
Bank franchise tax 1,715 1,701
Legal fees 430 474
Professional fees 531 502
Advertising and marketing 792 732
FDIC insurance 177 314
Other real estate owned provision and expense 771 939
Repossession expense 377 409
Amortization of limited partnership investments 777 500
Other noninterest expense 3,001 3,022
Total noninterest expense 29,083 28,681
Income before income taxes 18,880 18,274
Income taxes 3,941 2,460
Net income 14,939 15,814
Unrealized holding gains (losses) on securities available-for-sale:    
Unrealized holding gains (losses) arising during the period 6,124 (5,498)
Less: Reclassification adjustments for realized gains included in net income 1 149
Tax expense (benefit) 1,286 (1,186)
Other comprehensive income (loss), net of tax 4,837 (4,461)
Comprehensive income $ 19,776 $ 11,353
Basic earnings per share (in dollars per share) $ 0.84 $ 0.89
Diluted earnings per share (in dollars per share) $ 0.84 $ 0.89
Weighted average shares outstanding-basic (in shares) 17,712 17,671
Weighted average shares outstanding-diluted (in shares) 17,723 17,687