Quarterly Condensed Financial Information (Tables)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

The following table presents the unaudited quarterly financial information for the years ended December 31, 2015 and 2014:

	2015
(in thousands, except per share data)	4th Quarter			3rd Quarter			2nd Quarter			1st Quarter
Interest income	$	35,096		$	33,180		$	32,352		$	32,151
Interest expense	3,017			3,174			3,072			3,106
Net interest income	32,079			30,006			29,280			29,045
Provision for portfolio loan losses	543			599			2,150			1,580
Provision (provision reversal) for PCI loan losses	(917		)	(227		)	—			(3,270		)
Net interest income after provision for loan losses	32,453			29,634			27,130			30,735
Noninterest income	6,557			4,729			5,806			3,583
Noninterest expense	22,886			19,932			19,458			19,950
Income before income tax expense	16,124			14,431			13,478			14,368
Income tax expense	5,445			4,722			4,762			5,022
Net income	$	10,679		$	9,709		$	8,716		$	9,346
Earnings per common share:
Basic	$	0.53		$	0.49		$	0.44		$	0.47
Diluted	0.52			0.48			0.43			0.46
	2014
(in thousands, except per share data)	4th Quarter			3rd Quarter			2nd Quarter			1st Quarter
Interest income	$	34,385		$	31,036		$	32,309		$	34,024
Interest expense	3,569			3,592			3,567			3,658
Net interest income	30,816			27,444			28,742			30,366
Provision for portfolio loan losses	1,968			66			1,348			1,027
Provision (provision reversal) for PCI loan losses	126			(1,877		)	(470		)	3,304
Net interest income after provision for loan losses	28,722			29,255			27,864			26,035
Noninterest income	4,852			4,452			3,405			3,922
Noninterest expense	24,795			21,121			20,445			21,102
Income before income tax expense	8,779			12,586			10,824			8,855
Income tax expense	2,812			4,388			3,664			3,007
Net income	$	5,967		$	8,198		$	7,160		$	5,848
Earnings per common share:
Basic	$	0.30		$	0.41		$	0.36		$	0.30
Diluted	0.30			0.41			0.36			0.30