Selected Financial Data

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

SELECTED FINANCIAL DATA

SELECTED FINANCIAL DATA

The following table presents selected financial data for the most recent eight quarters.

	2019									2018
(dollars in thousands, except per share data) (unaudited)	Fourth Quarter (1)			Third Quarter		Second Quarter		First Quarter		Fourth Quarter		Third Quarter		Second Quarter		First Quarter
SUMMARY OF OPERATIONS
Interest income	$	82,457		$	79,813	$	79,624	$	78,590	$	76,589	$	73,627	$	71,581	$	68,029
Interest expense	18,045			18,617		18,797		18,234		16,747		14,365		13,178		11,097
Provision for loan losses	2,105			4,913		2,205		5,649		2,716		462		9,345		2,472
Net Interest Income After Provision For Loan Losses	62,307			56,283		58,622		54,707		57,126		58,800		49,058		54,460
Security (losses) gains, net	(26		)	—		—		—		—		—		—		—
Noninterest income	15,257			13,063		12,901		11,362		11,095		12,042		12,251		13,792
Noninterest expense	50,178			37,667		40,352		38,919		36,415		37,085		35,863		36,082
Income Before Taxes	27,360			31,679		31,171		27,150		31,806		33,757		25,446		32,170
Provision for income taxes	5,091			4,743		5,070		4,222		4,952		2,876		4,010		6,007
Net Income	$	22,269		$	26,936	$	26,101	$	22,928	$	26,854	$	30,881	$	21,436	$	26,163
Per Share Data
Common earnings per share—diluted	$	0.62		$	0.79	$	0.76	$	0.66	$	0.77	$	0.88	$	0.61	$	0.75
Dividends declared per common share	0.28			0.27		0.27		0.27		0.27		0.25		0.25		0.22
Common book value	30.13			28.69		28.11		27.47		26.98		26.27		25.91		25.58

⁽¹⁾ The DNB Merger is included in our consolidated financial statements beginning on December 1, 2019.