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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
INTEREST AND DIVIDEND INCOME        
Loans, including fees $ 75,080 $ 68,631 $ 223,200 $ 198,296
Investment Securities:        
Taxable 3,552 3,649 10,989 10,597
Tax-exempt 787 857 2,466 2,603
Dividends 394 490 1,373 1,741
Total Interest and Dividend Income 79,813 73,627 238,028 213,237
INTEREST EXPENSE        
Deposits 16,207 10,871 47,243 27,883
Borrowings and junior subordinated debt securities 2,410 3,494 8,406 10,758
Total Interest Expense 18,617 14,365 55,649 38,641
NET INTEREST INCOME 61,196 59,262 182,379 174,596
Provision for loan losses 4,913 462 12,767 12,279
Net Interest Income After Provision for Loan Losses 56,283 58,800 169,612 162,317
NONINTEREST INCOME        
Net gain on sale of securities 0 0 0 0
Mortgage banking 594 700 1,726 2,133
Gain on sale of a majority interest of insurance business 0 0 0 1,873
Other 3,481 2,367 9,662 7,046
Total Noninterest Income 13,063 12,042 37,326 38,086
NONINTEREST EXPENSE        
Salaries and employee benefits 19,936 19,769 61,135 57,195
Data processing and information technology 3,681 2,906 10,327 7,610
Net occupancy 2,898 2,722 8,883 8,399
Furniture, equipment and software 2,090 2,005 6,621 6,096
Other taxes 1,540 1,341 4,182 4,928
Marketing 1,062 1,023 3,514 2,916
Professional services and legal 1,054 1,181 3,382 3,120
Merger related expenses 552 0 1,171 0
FDIC insurance (675) 746 536 2,592
Other 5,529 5,392 17,187 16,174
Total Noninterest Expense 37,667 37,085 116,938 109,030
Income Before Taxes 31,679 33,757 90,000 91,373
Provision for income taxes 4,743 2,876 14,035 12,893
Net Income $ 26,936 $ 30,881 $ 75,965 $ 78,480
Earnings per share—basic (in dollars per share) $ 0.79 $ 0.89 $ 2.22 $ 2.26
Earnings per share—diluted (in dollars per share) 0.79 0.88 2.21 2.24
Dividends declared per share (in dollars per share) $ 0.27 $ 0.25 $ 0.81 $ 0.72
Comprehensive Income $ 29,142 $ 28,573 $ 91,759 $ 67,943
Debit and credit card        
NONINTEREST INCOME        
Revenues from contract with customers 3,475 3,141 9,951 9,487
Service charges on deposit accounts        
NONINTEREST INCOME        
Revenues from contract with customers 3,412 3,351 9,777 9,765
Wealth management        
NONINTEREST INCOME        
Revenues from contract with customers $ 2,101 $ 2,483 $ 6,210 $ 7,782