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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest and fees on loans        
Taxable $ 20,820 $ 19,550 $ 41,043 $ 35,100
Tax-exempt 142 167 286 288
Interest and dividends on securities        
Taxable 1,240 1,330 2,612 2,459
Tax-exempt 1,063 1,019 2,082 1,741
Interest on interest bearing deposits with other banks 134 165 274 317
Total interest income 23,399 22,231 46,297 39,905
Interest expense        
Interest on deposits 4,309 2,634 7,858 5,024
Interest on short-term borrowings 1,242 1,079 2,648 2,073
Interest on long-term borrowings and subordinated debentures 573 670 1,258 1,331
Total interest expense 6,124 4,383 11,764 8,428
Net interest income 17,275 17,848 34,533 31,477
Provision for loan losses 750 250 1,250 500
Net interest income after provision for loan losses 16,525 17,598 33,283 30,977
Noninterest income        
Insurance commissions 1,013 988 2,126 1,957
Realized securities gains, net 87 90 819 32
Bank owned life insurance income 249 253 523 503
Other 210 243 459 346
Total noninterest income 4,148 3,916 9,023 6,496
Noninterest expenses        
Salaries, commissions and employee benefits 6,922 6,758 13,744 11,945
Net occupancy expense 840 826 1,672 1,393
Equipment expense 1,071 1,031 2,153 1,766
Professional fees 385 354 719 639
Marketing and Advertising Expense 188 148 291 256
Amortization of intangibles 413 429 848 526
FDIC premiums 240 295 480 505
Bank card expense 361 381 696 718
Foreclosed properties expense, net of losses 350 224 675 590
Business Combination, Acquisition Related Costs 0 1,455 0 1,564
Write-downs of foreclosed properties     420 447
Litigation Settlement 0 0 0 9,900
Other 1,965 2,035 3,771 3,151
Total noninterest expenses 12,735 13,936 25,049 32,953
Income before income tax expense 7,938 7,578 17,257 4,520
Income tax expense 1,658 2,300 3,534 858
Net income $ 6,280 $ 5,278 $ 13,723 $ 3,662
Basic earnings per common share $ 0.51 $ 0.43 $ 1.11 $ 0.32
Diluted earnings per common share $ 0.51 $ 0.43 $ 1.10 $ 0.32
Fiduciary and Trust [Member]        
Noninterest income        
Revenue from Contract with Customer, Including Assessed Tax $ 672 $ 595 $ 1,339 $ 695
Deposit Account [Member]        
Noninterest income        
Revenue from Contract with Customer, Including Assessed Tax 1,116 1,064 2,207 1,747
Credit and Debit Card [Member]        
Noninterest income        
Revenue from Contract with Customer, Including Assessed Tax $ 801 $ 683 $ 1,550 $ 1,216