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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest Income        
Interest and fees on loans $ 18,597 $ 17,869 $ 55,361 $ 52,859
Interest on securities        
Taxable 2,537 1,901 7,261 5,528
Tax-exempt 330 228 860 667
Other investments 281 295 884 922
Total Interest Income 21,745 20,293 64,366 59,976
Interest Expense        
Deposits 1,254 987 3,520 2,961
Other borrowings 493 465 1,455 1,382
Total Interest Expense 1,747 1,452 4,975 4,343
Net Interest Income 19,998 18,841 59,391 55,633
Provision for loan losses (175) (244) (1,439) (1,037)
Net Interest Income After Provision for Loan Losses 20,173 19,085 60,830 56,670
Non-Interest Income        
Service charges on deposit accounts 3,281 3,294 9,164 9,261
Interchange income 1,943 2,169 5,797 6,551
Net gains (losses) on assets        
Mortgage loans 3,556 1,812 7,727 5,735
Securities (45) 45 302 97
Mortgage loan servicing, net 858 (556) (454) 476
Title insurance fees 319 281 860 874
Net gain on branch sale 0 1,193 0 1,193
Other 1,796 1,881 5,701 5,881
Total Non-Interest Income 11,708 10,119 29,097 30,068
Non-Interest Expense        
Compensation and employee benefits 13,031 12,029 36,912 35,605
Data processing 1,971 2,001 6,008 5,958
Occupancy, net 1,919 1,940 5,982 6,399
Furniture, fixtures and equipment 990 998 2,939 2,915
Communications 670 754 2,280 2,184
Loan and collection 568 816 1,964 2,938
Advertising 455 406 1,410 1,338
Legal and professional 420 519 1,178 1,352
FDIC deposit insurance 187 350 852 1,044
Interchange expense 276 279 809 859
Credit card and bank service fees 203 197 588 602
Net (gains) losses on other real estate and repossessed assets 263 5 98 (173)
Provision for loss reimbursement on sold loans 45 (35) 30 (59)
Costs related to unfunded lending commitments 73 26 6 46
Vehicle service contract counterparty contingencies (39) 30 (10) 89
Other 1,497 1,564 4,423 4,512
Total Non-Interest Expense 22,529 21,879 65,469 65,609
Income Before Income Tax 9,352 7,325 24,458 21,129
Income tax expense 2,979 2,278 7,547 6,682
Net Income $ 6,373 $ 5,047 $ 16,911 $ 14,447
Net Income Per Common Share        
Basic (in dollars per share) [1] $ 0.30 $ 0.22 $ 0.79 $ 0.63
Diluted (in dollars per share) 0.30 0.22 0.78 0.62
Dividends Per Common Share        
Declared (in dollars per share) 0.08 0.06 0.24 0.18
Paid (in dollars per share) $ 0.08 $ 0.06 $ 0.24 $ 0.18
[1] Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.