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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest, fee and dividend income        
Interest and fees on loans $ 68,086 $ 63,414 $ 197,399 $ 187,093
Securities available for sale 7,278 6,013 21,505 17,976
Securities held to maturity 2,746 2,544 8,263 7,328
Other 737 538 2,010 1,441
Total interest, fee and dividend income 78,847 72,509 229,177 213,838
Interest expense        
Deposits 3,648 3,607 10,658 10,809
Short-term borrowings 1,870 761 4,375 1,668
Long-term debt 589 819 1,794 2,425
Junior subordinated debt 810 660 2,308 1,920
Total interest expense 6,917 5,847 19,135 16,822
Net interest income 71,930 66,662 210,042 197,016
Provision for loan losses 7,889 6,388 22,835 17,266
Net interest income after provision for loan losses 64,041 60,274 187,207 179,750
Noninterest income        
Insurance and other financial services revenue 5,536 6,114 17,927 18,685
Service charges on deposit accounts 4,261 4,354 12,399 12,459
ATM and debit card fees 5,557 5,063 16,025 14,580
Retirement plan administration fees 5,272 4,129 14,881 11,937
Trust 4,927 4,535 14,620 13,848
Bank owned life insurance 1,284 1,336 3,913 3,898
Net securities (losses) gains (4) 0 (2) 30
Other 3,945 4,113 10,069 12,188
Total noninterest income 30,778 29,644 89,832 87,625
Noninterest expense        
Salaries and employee benefits 32,740 32,783 99,081 98,155
Occupancy 5,174 5,035 16,528 15,780
Data processing and communications 4,399 4,183 12,826 12,354
Professional fees and outside services 3,107 3,343 9,748 9,905
Equipment 3,733 3,656 11,224 10,663
Office supplies and postage 1,432 1,438 4,680 4,661
FDIC expenses 1,257 1,287 3,571 3,838
Advertising 665 634 1,711 1,733
Amortization of intangible assets 993 952 2,999 2,976
Loan collection and other real estate owned, net 1,684 985 3,627 2,535
Other 5,417 5,318 16,209 15,683
Total noninterest expense 60,601 59,614 182,204 178,283
Income before income tax expense 34,218 30,304 94,835 89,092
Income tax expense 11,342 10,303 30,321 30,291
Net income $ 22,876 $ 20,001 $ 64,514 $ 58,801
Earnings per share        
Basic (in dollars per share) $ 0.52 $ 0.46 $ 1.48 $ 1.36
Diluted (in dollars per share) $ 0.52 $ 0.46 $ 1.47 $ 1.35