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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
INTEREST INCOME        
Loans, including fees $ 54,763 $ 51,046 $ 108,398 $ 101,241
Securities:        
Taxable 1,906 1,344 3,667 2,671
Tax-exempt 178 243 365 498
Federal funds sold 1   1  
Interest-bearing deposits with banks 4,425 1,852 7,865 3,654
Total interest income 61,273 54,485 120,296 108,064
INTEREST EXPENSE        
Deposits 4,300 3,092 8,025 6,172
Short-term borrowings 4 2 7 3
Junior subordinated debentures 530 523 1,057 1,045
Total interest expense 4,834 3,617 9,089 7,220
Net interest income 56,439 50,868 111,207 100,844
Provision for loan losses 1,841 2,804 1,913 6,907
Net interest income after provision for loan losses 54,598 48,064 109,294 93,937
NONINTEREST INCOME        
Trust revenue 2,894 2,602 5,846 5,067
Service charges on deposits 16,448 15,485 32,226 30,195
Securities transactions (includes accumulated other comprehensive income reclassifications of $(142), $0, $(142) and $100, respectively) (330) (65) (330) 35
Income from sales of loans 816 695 1,448 1,257
Insurance commissions 3,728 3,255 8,291 7,390
Cash management 2,799 2,732 5,553 5,050
(Loss)/gain on sale of other assets (25) 55 (49) 59
Other 1,653 1,298 3,083 2,621
Total noninterest income 27,983 26,057 56,068 51,674
NONINTEREST EXPENSE        
Salaries and employee benefits 31,547 30,008 62,201 59,365
Occupancy, net 2,992 3,071 5,966 5,898
Depreciation 2,392 2,567 4,812 5,097
Amortization of intangible assets 547 580 1,094 1,161
Data processing services 1,097 1,174 2,292 2,389
Net expense/(income) from other real estate owned 202 35 252 (1,106)
Marketing and business promotion 1,559 1,624 3,774 3,479
Deposit insurance 542 855 1,130 1,694
Other 8,075 7,806 17,020 16,034
Total noninterest expense 48,953 47,720 98,541 94,011
Income before taxes 33,628 26,401 66,821 51,600
Income tax expense 10,446 8,908 21,589 17,528
Net income $ 23,182 $ 17,493 $ 45,232 $ 34,072
NET INCOME PER COMMON SHARE        
Basic $ 1.46 $ 1.12 $ 2.85 $ 2.19
Diluted $ 1.42 $ 1.10 $ 2.78 $ 2.15
OTHER COMPREHENSIVE INCOME        
Unrealized gains on securities, net of tax of $(280), $(345), $(167) and $(719), respectively $ 443 $ 546 $ 265 $ 1,137
Reclassification adjustment for losses/(gains) included in net income, net of tax of $(55), $0, $(55) and $39, respectively 87   87 (61)
Other comprehensive gains, net of tax of $(335), $(345), $(222) and $(680), respectively 530 546 352 1,076
Comprehensive income $ 23,712 $ 18,039 $ 45,584 $ 35,148