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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest and fees on loans        
Taxable $ 24,184 $ 20,820 $ 47,090 $ 41,043
Tax-exempt 168 142 314 286
Interest and dividends on securities        
Interest Income, Securities, Operating, Taxable 1,607 1,240 3,292 2,612
Interest Income, Securities, Operating, Tax Exempt 789 1,063 1,689 2,082
Interest on interest bearing deposits with other banks 134 134 365 274
Total interest income 26,882 23,399 52,750 46,297
Interest expense        
Interest on deposits 5,967 4,309 11,531 7,858
Interest on short-term borrowings 1,397 1,242 2,869 2,648
Interest on long-term borrowings and subordinated debentures 255 573 514 1,258
Total interest expense 7,619 6,124 14,914 11,764
Net interest income 19,263 17,275 37,836 34,533
Provision for loan losses 300 750 550 1,250
Net interest income after provision for loan losses 18,963 16,525 37,286 33,283
Noninterest income        
Insurance commissions 606 1,013 1,780 2,126
Realized securities gains, net 1,086 87 1,082 819
Gain (Loss) on Disposition of Business 1,906 0 1,906 0
Bank owned life insurance income 248 249 486 523
Other 235 210 476 459
Total noninterest income 6,810 4,148 11,040 9,023
Noninterest expenses        
Salaries, commissions and employee benefits 7,576 6,922 14,923 13,744
Net occupancy expense 880 840 1,803 1,672
Equipment expense 1,219 1,071 2,398 2,153
Professional fees 475 385 878 719
Marketing and Advertising Expense 155 188 308 291
Amortization of intangibles 420 413 897 848
FDIC premiums 88 240 88 480
Bank card expense 473 361 911 696
Foreclosed properties expense, net of losses 1,545 350 1,930 675
Business Combination, Acquisition Related Costs 382 0 445 0
Other 2,116 1,965 4,608 3,771
Total noninterest expenses 15,329 12,735 29,189 25,049
Income before income tax expense 10,444 7,938 19,137 17,257
Income tax expense 1,880 1,658 3,481 3,534
Net income $ 8,564 $ 6,280 $ 15,656 $ 13,723
Basic earnings per common share $ 0.68 $ 0.51 $ 1.24 $ 1.11
Diluted earnings per common share $ 0.68 $ 0.51 $ 1.23 $ 1.10
Fiduciary and Trust [Member]        
Noninterest income        
Revenue from Contract with Customer, Including Assessed Tax $ 612 $ 672 $ 1,198 $ 1,339
Deposit Account [Member]        
Noninterest income        
Revenue from Contract with Customer, Including Assessed Tax 1,224 1,116 2,405 2,207
Credit and Debit Card [Member]        
Noninterest income        
Revenue from Contract with Customer, Including Assessed Tax $ 893 $ 801 $ 1,707 $ 1,550