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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest Income:    
Interest and fees on loans and leases $ 36,206 $ 32,139
Interest on loans held for sale 134 76
Interest on deposits with banks 53 22
Interest and dividends on investment securities:    
Taxable 3,286 3,577
Exempt from federal income taxes 1,973 2,258
Interest on federal funds sold 1 0
Total interest income 41,653 38,072
Interest Expense:    
Interest on deposits 1,837 1,194
Interest on retail repurchase agreements and federal funds purchased 66 50
Interest on advances from FHLB 3,374 3,236
Interest on subordinated debt 254 219
Total interest expense 5,531 4,699
Net interest income 36,122 33,373
Provision (credit) for loan and lease losses 1,236 597
Net interest income after provision (credit) for loan and lease losses 34,886 32,776
Non-interest Income:    
Investment securities gains 1,769 0
Service charges on deposit accounts 1,903 1,882
Mortgage banking activities 535 1,178
Wealth management income 4,405 4,916
Insurance agency commissions 1,445 1,618
Income from bank owned life insurance 615 713
Visa check fees 1,089 1,057
Other income 1,602 1,795
Total non-interest income 13,363 13,159
Non-interest Expenses:    
Salaries and employee benefits 18,230 17,299
Occupancy expense of premises 3,473 3,489
Equipment expenses 1,664 1,373
Marketing 681 531
Outside data services 1,363 1,261
FDIC insurance 637 631
Amortization of intangible assets 32 107
Litigation Expense 0 200
Other Expense 6,237 4,353
Total non-interest expenses 32,317 29,244
Income before income taxes 15,932 16,691
Income tax expense 5,119 5,466
Net income $ 10,813 $ 11,225
Net Income Per Share Amounts:    
Basic net income per share $ 0.45 $ 0.45
Diluted net income per share 0.45 0.45
Dividends declared per share $ 0.24 $ 0.22