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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income    
Loans, including fees $ 27,752 $ 22,471
Securities    
Taxable 4,176 3,246
Tax exempt 3,212 2,987
Other interest income 66 42
Total interest income 35,206 28,746
Interest expense    
Deposits 970 918
Federal Home Loan Bank advances 1,074 1,100
Subordinated debentures 381 343
Other borrowings 494 13
Total interest expense 2,919 2,374
Net interest income 32,287 26,372
Provision for loan losses   500
Net interest income after provision for loan losses 32,287 25,872
Non-interest income    
Service charges on deposit accounts 4,791 4,682
Interchange income 3,054 2,635
Mortgage banking 2,392 1,790
Trust and investment product fees 1,197 1,210
Increase in cash surrender value of life insurance 405 302
Net realized gains on securities (includes $13 and $17 accumulated other comprehensive income (AOCI) 13 17
(Gain)/Loss on sale and write-down of OREO 122 149
Other income 1,022 804
Total non-interest income 12,996 11,589
Non-interest expense    
Salaries and employee benefits 17,717 14,860
Net occupancy 2,429 2,261
Equipment 3,384 3,063
Intangibles amortization 304 328
Telecommunications 371 369
Stationery printing and supplies 299 307
FDIC assessment 324 420
Marketing 765 654
Collection expense 231 252
Interchange expense 797 813
Other expenses 2,808 2,830
Total non-interest expense 29,429 26,157
Income before income tax 15,854 11,304
Income tax expense (includes $5 and $6 income tax expense from AOCI reclassification items) 3,781 2,538
Net income attributable to common shareholders $ 12,073 $ 8,766
Net income per common share:    
Basic $ 0.50 $ 0.41
Diluted 0.49 0.40
Dividend per share $ 0.16 $ 0.15