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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income      
Interest and fees on loans $ 84,529 $ 82,734 $ 82,951
Interest on interest-bearing deposits and federal funds sold 2,097 1,128 509
Interest and dividends on securities      
U.S. government agencies and corporations 361 340 327
Mortgage-backed securities 2,089 1,491 1,235
Tax-exempt obligations of states and political subdivisions 2,725 3,214 3,742
Taxable obligations of states and political subdivisions 319 242 192
Corporate bonds and other 428 444 483
Total interest income 92,548 89,593 89,439
Interest expense      
Savings and interest-bearing deposits 1,601 1,175 1,078
Time deposits 4,085 3,573 3,314
Borrowings 4,189 3,702 3,433
Trust preferred capital notes 1,152 1,151 1,143
Total interest expense 11,027 9,601 8,968
Net interest income 81,521 79,992 80,471
Provision for loan losses 11,006 16,435 18,040
Net interest income after provision for loan losses 70,515 63,557 62,431
Noninterest income      
Gains on sales of loans 7,841 8,553 8,120
Service charges on deposit accounts 4,213 4,458 4,262
Other service charges and fees 5,072 5,228 4,991
Net gains on maturities, calls and sales of available for sale securities 10 10 52
Wealth management services income, net 1,860 1,619 1,165
Interchange income 3,882 3,476 3,562
Other 2,880 3,888 3,895
Total noninterest income 25,758 27,232 26,047
Noninterest expenses      
Salaries and employee benefits 42,003 43,597 42,345
Occupancy 8,308 7,730 7,228
Other 23,421 21,496 20,987
Total noninterest expenses 73,732 72,823 70,560
Income before income taxes 22,541 17,966 17,918
Income tax expense 4,521 11,394 4,459
Net income $ 18,020 $ 6,572 $ 13,459
Net income per share - basic (in dollars per share) $ 5.15 $ 1.89 $ 3.90
Net income – assuming dilution (in Dollars per share) $ 5.15 $ 1.88 $ 3.89
Weighted average number of shares - basic (in shares) 3,501,221 3,486,510 3,454,282
Weighted average number of shares - assuming dilution (in shares) 3,501,221 3,486,589 3,455,883