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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest Income:      
Interest and fees on loans $ 93,845 $ 87,155 $ 61,541
Interest and dividends on taxable investment securities 18,423 18,051 16,840
Interest on tax-exempt investment securities 3,126 2,992 1,810
Other interest income 50 135 9
Total interest income 115,444 108,333 80,200
Interest Expense:      
Interest on deposits 5,942 6,206 6,106
Interest on short-term borrowings 508 182 146
Interest on long-term borrowings 4,129 4,333 4,442
Total interest expense 10,579 10,721 10,694
Net interest income 104,865 97,612 69,506
Provision for loan losses 3,539 14,097 339
Net interest income after provision for loan losses 101,326 83,515 69,167
Other Income:      
Insurance income 13,846 13,783 13,604
Deposit account service charges 10,662 10,845 9,173
Trust and investment income 10,589 9,577 7,685
Electronic banking income 10,353 8,958 6,642
Bank owned life insurance income 1,414 598 106
Mortgage banking income 1,304 1,317 1,237
Commercial loan swap fee income 1,076 565 450
Net gain on investment securities 930 729 398
Net loss on asset disposals and other transactions (1,133) (1,788) (431)
Other non-interest income 1,826 1,798 1,156
Total other income 50,867 46,382 40,020
Other Expenses:      
Salaries and employee benefit costs 57,433 59,216 46,593
Net occupancy and equipment expense 10,735 11,207 7,839
Professional fees 7,436 7,295 5,649
Electronic banking expense 5,992 5,300 4,529
Amortization of other intangible assets 4,030 4,077 1,428
Data processing and software expense 3,763 3,671 2,424
Marketing expense 1,594 2,838 2,299
Communication expense 2,261 2,286 1,642
FDIC insurance expense 1,899 2,084 1,260
Franchise tax expense 2,192 1,968 1,392
Foreclosed real estate and other loan expenses 859 1,276 789
Other non-interest expense 8,717 13,863 9,165
Total other expenses 106,911 115,081 85,009
Income before income taxes 45,282 14,816 24,178
Income tax expense 14,125 3,875 7,494
Net income $ 31,157 $ 10,941 $ 16,684
Earnings per common share - basic $ 1.72 $ 0.62 $ 1.36
Earnings per common share - diluted $ 1.71 $ 0.61 $ 1.35
Weighted-average number of common shares outstanding - basic 18,013,693 17,555,140 12,183,352
Weighted-average number of common shares outstanding - diluted 18,155,463 17,687,795 12,306,224