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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
INTEREST INCOME        
Loans, including fees $ 53,956 $ 49,578 $ 157,133 $ 138,438
Investment Securities:        
Taxable 2,570 2,522 7,704 7,298
Tax-exempt 907 988 2,764 3,006
Dividends 375 581 1,077 1,453
Total Interest Income 57,808 53,669 168,678 150,195
INTEREST EXPENSE        
Deposits 5,119 3,275 14,403 9,333
Borrowings and junior subordinated debt securities 1,234 798 3,474 2,196
Total Interest Expense 6,353 4,073 17,877 11,529
NET INTEREST INCOME 51,455 49,596 150,801 138,666
Provision for loan losses 2,516 3,206 12,379 6,473
Net Interest Income After Provision for Loan Losses 48,939 46,390 138,422 132,193
NONINTEREST INCOME        
Securities (losses) gains, net 0 0 0 (34)
Service charges on deposit accounts 3,208 3,069 9,272 8,529
Debit and credit card fees 3,163 2,996 8,818 8,732
Wealth management fees 2,565 2,814 7,947 8,667
Insurance fees 1,208 1,332 4,187 4,374
Mortgage banking 1,077 698 2,185 2,006
Gain on sale of credit card portfolio 0 0 2,066 0
Other 2,227 1,572 7,238 5,674
Total Noninterest Income 13,448 12,481 41,713 37,948
NONINTEREST EXPENSE        
Salaries and employee benefits 19,011 16,789 57,539 51,024
Data processing 2,129 2,454 6,964 7,329
Net occupancy 2,776 2,744 8,413 8,014
Furniture and equipment 1,932 1,653 5,580 4,461
Marketing 896 895 2,872 2,905
Professional services and legal 1,041 946 3,035 2,270
FDIC insurance 1,005 990 2,938 2,493
Other taxes 1,080 719 3,076 2,721
Merger related expenses 0 0 0 3,167
Other 4,569 6,639 17,190 18,515
Total Noninterest Expense 34,439 33,829 107,607 102,899
Income Before Taxes 27,948 25,042 72,528 67,242
Provision for income taxes 7,367 6,407 18,795 17,584
Net Income $ 20,581 $ 18,635 $ 53,733 $ 49,658
Earnings per share—basic (in dollars per share) $ 0.59 $ 0.54 $ 1.55 $ 1.48
Earnings per share—diluted (in dollars per share) 0.59 0.54 1.54 1.48
Dividends declared per share (in dollars per share) $ 0.19 $ 0.18 $ 0.57 $ 0.54
Comprehensive Income $ 19,686 $ 22,420 $ 64,547 $ 53,755