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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
INTEREST INCOME      
Interest and Fees on Loans $ 86,202 $ 66,740 $ 65,597
Interest on Federal Funds Sold and Other Short-term Investments 74 13 12
Interest and Dividends on Securities:      
Taxable 9,638 9,017 10,409
Non-taxable 7,451 5,850 4,368
TOTAL INTEREST INCOME 103,365 81,620 80,386
INTEREST EXPENSE      
Interest on Deposits 5,187 3,976 4,128
Interest on FHLB Advances and Other Borrowings 3,274 2,092 1,919
TOTAL INTEREST EXPENSE 8,461 6,068 6,047
NET INTEREST INCOME 94,904 75,552 74,339
Provision for Loan Losses 1,200 0 150
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 93,704 75,552 74,189
NON-INTEREST INCOME      
Trust and Investment Product Fees 4,644 3,957 3,675
Service Charges on Deposit Accounts 5,973 4,826 4,829
Insurance Revenues 7,741 7,489 7,255
Company Owned Life Insurance 987 846 826
Debit Interchange Fee Income 2,532 2,127 1,961
Other Operating Income 4,798 4,515 2,018
Net Gains on Sales of Loans 3,359 2,959 1,892
Net Gains on Securities 1,979 725 1,481
TOTAL NON-INTEREST INCOME 32,013 27,444 23,937
NON-INTEREST EXPENSE      
Salaries and Employee Benefits 43,961 35,042 32,710
Occupancy Expense 6,297 4,939 5,094
Furniture and Equipment Expense 2,261 1,873 1,953
FDIC Premiums 1,151 1,144 1,113
Data Processing Fees 5,686 3,541 3,675
Professional Fees 3,672 2,661 2,294
Advertising and Promotion 2,657 3,669 1,977
Intangible Amortization 1,062 790 1,254
Other Operating Expenses 9,840 7,667 7,643
TOTAL NON-INTEREST EXPENSE 76,587 61,326 57,713
Income before Income Taxes 49,130 41,670 40,413
Income Tax Expense 13,946 11,606 12,069
NET INCOME $ 35,184 $ 30,064 $ 28,344
Basic Earnings per Share (in usd per share) $ 2.36 $ 2.27 $ 2.15
Diluted Earnings per Share (in usd per share) $ 2.36 $ 2.27 $ 2.14