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Segments (Tables)
3 Months Ended
Mar. 31, 2015
Segments  
Summary of selected financial information by business segment

 

 

 

 

 

Investment

 

 

 

 

 

Commercial

 

management

 

 

 

(in thousands)

 

banking

 

and trust

 

Total

 

Three months ended March 31, 2015

 

 

 

 

 

 

 

Net interest income

 

$

21,560 

 

$

54 

 

$

21,614 

 

Provision for loan losses

 

 

 

 

Investment management and trust services

 

 

4,552 

 

4,552 

 

All other non-interest income

 

5,121 

 

 

5,121 

 

Non-interest expense

 

15,191 

 

2,588 

 

17,779 

 

Income before income taxes

 

11,490 

 

2,018 

 

13,508 

 

Tax expense

 

3,534 

 

719 

 

4,253 

 

Net income

 

$

7,956 

 

$

1,299 

 

$

9,255 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2014

 

 

 

 

 

 

 

Net interest income

 

$

20,181 

 

$

47 

 

$

20,228 

 

Provision for loan losses

 

350 

 

 

350 

 

Investment management and trust services

 

 

4,568 

 

4,568 

 

All other non-interest income

 

4,890 

 

17 

 

4,907 

 

Non-interest expense

 

14,962 

 

2,582 

 

17,544 

 

Income before income taxes

 

9,759 

 

2,050 

 

11,809 

 

Tax expense

 

2,903 

 

729 

 

3,632 

 

Net income

 

$

6,856 

 

$

1,321 

 

$

8,177