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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest and fees on loans and leases:        
Taxable $ 37,153 $ 32,236 $ 105,955 $ 76,397
Exempt from federal income taxes 2,106 1,982 6,225 5,472
Total interest and fees on loans and leases 39,259 34,218 112,180 81,869
Interest and dividends on investment securities:        
Taxable 1,855 1,483 5,376 3,945
Exempt from federal income taxes 550 669 1,725 2,113
Interest on deposits with other banks 133 14 188 51
Interest and dividends on other earning assets 375 321 1,129 573
Total interest income 42,172 36,705 120,598 88,551
Interest expense        
Interest on deposits 3,068 2,081 7,720 5,072
Interest on short-term borrowings 169 276 756 599
Interest on long-term debt and subordinated notes 2,048 1,479 5,652 2,827
Total interest expense 5,285 3,836 14,128 8,498
Net interest income 36,887 32,869 106,470 80,053
Provision for loan and lease losses 2,689 1,415 7,900 2,571
Net interest income after provision for loan and lease losses 34,198 31,454 98,570 77,482
Noninterest income        
Trust fee income 1,924 1,958 5,847 5,820
Service charges on deposit accounts 1,371 1,344 3,927 3,398
Investment advisory commission and fee income 3,455 2,905 9,969 8,352
Insurance commission and fee income 3,492 3,267 11,530 11,328
Other service fee income 2,123 1,965 6,355 5,727
Bank owned life insurance income 742 711 3,147 1,716
Net gain on sales of investment securities 7 30 43 487
Net gain on mortgage banking activities 908 2,006 3,558 4,935
Other income (loss) 87 (49) 712 206
Total noninterest income 14,109 14,137 45,088 41,969
Noninterest expense        
Salaries and benefits 16,909 16,710 49,919 44,972
Commissions 2,244 2,485 6,668 6,743
Net occupancy 2,523 2,534 7,872 6,730
Equipment 1,019 942 3,043 2,468
Data processing 2,118 2,169 6,257 4,980
Professional fees 1,447 1,322 3,934 3,289
Marketing and advertising 271 345 1,125 1,396
Deposit insurance premiums 409 327 1,262 1,192
Intangible expenses 690 854 1,895 2,611
Acquisition-related costs 0 8,784 0 10,156
Integration costs 0 5,365 0 5,398
Restructuring recoveries 0 (85) 0 (85)
Other expense 5,065 5,314 15,298 13,701
Total noninterest expense 32,695 47,066 97,273 103,551
Income before income taxes 15,612 (1,475) 46,385 15,900
Income tax expense (benefit) 4,416 (1,533) 12,555 3,313
Net income $ 11,196 $ 58 $ 33,830 $ 12,587
Net income per share:        
Basic (in dollars per share) $ 0.42 $ 0.00 $ 1.27 $ 0.58
Diluted (in dollars per share) 0.42 0.00 1.27 0.57
Dividends declared (in dollars per share) $ 0.20 $ 0.20 $ 0.60 $ 0.60