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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
INTEREST INCOME    
Loans, leases and fees $ 45,544 $ 40,411
Federal funds sold and interest-bearing deposits with banks 166 276
Taxable investment securities and other 3,992 3,599
Tax-exempt investment securities 443 510
TOTAL INTEREST INCOME 50,145 44,796
INTEREST EXPENSE    
Deposits 5,755 3,334
Federal funds purchased and securities sold under agreements to repurchase 134 10
Other borrowings 2,020 2,129
TOTAL INTEREST EXPENSE 7,909 5,473
NET INTEREST INCOME 42,236 39,323
Provision for loan and lease losses 1,284 1,218
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES 40,952 38,105
NONINTEREST INCOME    
Service charges on deposit accounts 2,611 2,455
Commissions and fees 1,272 1,156
Income on bank owned life insurance 719 426
Gains on sales of loans 246 398
Gains on sales of investment securities, net 0 2,539
Other income 486 1,120
TOTAL NONINTEREST INCOME 5,334 8,094
NONINTEREST EXPENSE    
Salaries and employee benefits 16,861 15,417
Net occupancy expense 2,738 2,836
Furniture and equipment 2,206 2,097
FDIC insurance expense 425 318
Stationery, supplies and postage 416 443
Marketing expense 361 401
Data processing expense 466 553
Telecommunications expense 421 404
ATM and debit card expense 510 441
Core deposit intangible amortization 157 195
Other real estate and repossessed asset expense 46 37
Long-term debt prepayment fee 0 2,828
Other expenses 2,530 2,500
TOTAL NONINTEREST EXPENSE 27,137 28,470
Income before provision for income taxes 19,149 17,729
Provision for income taxes 3,894 5,417
NET INCOME $ 15,255 $ 12,312
PER SHARE OF COMMON STOCK    
Basic earnings (in usd per share) $ 0.32 $ 0.26
Diluted earnings (in usd per share) 0.32 0.26
Dividends (in usd per share) $ 0.10 $ 0.095