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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest and fees on loans      
Taxable $ 74,365 $ 56,439 $ 51,554
Tax-exempt 543 541 514
Interest and dividends on securities      
Taxable 5,071 4,395 4,329
Tax-exempt 3,939 2,543 2,479
Interest on interest bearing deposits with other banks 609 173 7
Total interest income 84,527 64,091 58,883
Interest expense      
Interest on deposits 11,210 8,964 8,336
Interest on short-term borrowings 4,473 2,288 525
Interest on long-term borrowings and subordinated debentures 2,697 3,832 4,006
Total interest expense 18,380 15,084 12,867
Net interest income 66,147 49,007 46,016
Provision for loan losses 1,250 500 1,250
Net interest income after provision for loan losses 64,897 48,507 44,766
Other income      
Insurance commissions 4,005 4,022 4,042
Fees and Commissions, Fiduciary and Trust Activities 1,863 449 595
Service fees related to deposit accounts 6,643 4,370 4,285
Realized securities gains (14) 1,127 1,444
Bank owned life insurance income 1,017 1,054 1,040
Other 913 578 455
Total other income 14,427 11,600 11,861
Other expense      
Salaries, commissions, and employee benefits 25,075 19,573 17,638
Net occupancy expense 3,011 2,098 1,964
Equipment expense 3,954 2,759 2,294
Professional fees 1,367 1,515 1,616
Marketing and Advertising Expense 578 445 497
Amortization of intangibles 1,410 247 200
FDIC premiums 1,065 875 1,220
Business Combination, Acquisition Related Costs 1,589 933 0
Foreclosed properties expense 611 414 684
(Gain) loss on sale of foreclosed properties (157) (916) (26)
Write-down of foreclosed properties 885 668 2,415
Litigation Settlement 9,900 0 0
Other 8,457 6,191 5,130
Total other expense 57,745 34,802 33,632
Income before income taxes 21,579 25,305 22,995
Income tax expense 9,664 8,008 6,893
Net Income 11,915 17,297 16,102
Net income (loss) applicable to common shares $ 11,915 $ 17,297 $ 16,102
Basic earnings per share $ 1.00 $ 1.62 $ 1.56
Diluted earnings per share $ 1.00 $ 1.61 $ 1.50