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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
INTEREST INCOME        
Loans, including fees $ 65,604 $ 54,763 $ 128,523 $ 108,398
Securities:        
Taxable 1,956 1,906 3,854 3,667
Tax-exempt 162 178 333 365
Federal funds sold 95 1 199 1
Interest-bearing deposits with banks 7,325 4,425 13,107 7,865
Total interest income 75,142 61,273 146,016 120,296
INTEREST EXPENSE        
Deposits 9,710 4,300 16,979 8,025
Short-term borrowings 8 4 43 7
Junior subordinated debentures 544 530 1,079 1,057
Total interest expense 10,262 4,834 18,101 9,089
Net interest income 64,880 56,439 127,915 111,207
Provision for loan losses 1,225 1,841 1,539 1,913
Net interest income after provision for loan losses 63,655 54,598 126,376 109,294
NONINTEREST INCOME        
Trust revenue 3,396 2,894 6,525 5,846
Service charges on deposits 17,537 16,448 34,190 32,226
Securities transactions (includes accumulated other comprehensive income reclassifications of $0, $(142), $0 and $(142), respectively) 115 (330) 101 (330)
Income from sales of loans 802 816 1,453 1,448
Insurance commissions 3,927 3,728 9,126 8,291
Cash management 3,381 2,799 6,402 5,553
Gain (loss) on sale of other assets 127 (25) 153 (49)
Other 1,152 1,653 2,597 3,083
Total noninterest income 30,437 27,983 60,547 56,068
NONINTEREST EXPENSE        
Salaries and employee benefits 34,776 31,547 68,966 62,201
Occupancy, net 3,396 2,992 6,798 5,966
Depreciation 2,429 2,392 4,839 4,812
Amortization of intangible assets 759 547 1,492 1,094
Data processing services 1,195 1,097 2,398 2,292
Net expense from other real estate owned 19 202 45 252
Marketing and business promotion 1,649 1,559 4,001 3,774
Deposit insurance 640 542 1,259 1,130
Other 9,393 8,075 20,348 17,020
Total noninterest expense 54,256 48,953 110,146 98,541
Income before taxes 39,836 33,628 76,777 66,821
Income tax expense 9,250 10,446 16,571 21,589
Net income $ 30,586 $ 23,182 $ 60,206 $ 45,232
NET INCOME PER COMMON SHARE        
Basic $ 0.93 $ 0.73 $ 1.84 $ 1.43
Diluted $ 0.91 $ 0.71 $ 1.80 $ 1.39
OTHER COMPREHENSIVE (LOSS)/INCOME        
Unrealized (losses)/gains on securities, net of tax of $179, $(280), $653 and $(167), respectively $ (541) $ 443 $ (1,929) $ 265
Reclassification adjustment for losses included in net income, net of tax of $0, $(55), $0 and $(55), respectively   87   87
Other comprehensive (losses)/gains, net of tax of $179, $(335), $448 and $(222), respectively (541) 530 (1,929) 352
Comprehensive income $ 30,045 $ 23,712 $ 58,277 $ 45,584