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Condensed Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest income:        
Interest and fees on loans, including loans held for sale $ 33,255 $ 32,669 $ 66,579 $ 64,844
Interest and dividends on securities        
Taxable 2,065 2,408 4,158 4,963
Tax exempt 658 682 1,350 1,353
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 252 250 506 504
Other, including interest on federal funds sold 144 74 308 144
Total interest income 36,374 36,083 72,901 71,808
Interest expense:        
Interest on deposits 2,677 2,359 5,248 4,665
Interest on repurchase agreements and other short-term borrowings 284 242 548 458
Interest on advances from Federal Home Loan Bank 4 10 48 24
Interest on long-term debt 350 290 674 574
Total interest expense 3,315 2,901 6,518 5,721
Net interest income 33,059 33,182 66,383 66,087
Provision for loan losses 1,873 2,319 3,638 4,220
Net interest income after provision for loan losses 31,186 30,863 62,745 61,867
Noninterest income:        
Service charges on deposit accounts 6,272 6,046 12,117 11,628
Gains on sales of loans, net 446 823 762 1,113
Trust and wealth management income 2,396 2,366 4,671 4,605
Loan related fees 739 1,242 1,350 2,106
Bank owned life insurance 538 521 1,068 1,042
Brokerage revenue 317 367 680 663
Securities gains (losses) (4) (14) 64 130
Other noninterest income 1,065 877 2,028 1,677
Total noninterest income 11,769 12,228 22,740 22,964
Noninterest expense:        
Officer salaries and employee benefits 2,964 2,919 6,057 5,891
Other salaries and employee benefits 11,358 10,703 22,398 21,376
Occupancy, net 1,966 1,908 4,023 3,995
Equipment 729 772 1,444 1,549
Data processing 1,559 1,695 3,128 3,627
Bank franchise tax 1,400 1,276 2,799 2,544
Legal fees 502 526 982 1,099
Professional fees 483 548 922 973
Advertising and marketing 580 645 1,209 1,212
FDIC insurance 576 586 1,159 1,192
Other real estate owned provision and expense 468 752 1,019 1,236
Repossession expense 424 256 639 600
Amortization of limited partnership investments 997 718 1,532 971
Other noninterest expense 3,186 3,009 6,123 5,866
Total noninterest expense 27,192 26,313 53,434 52,131
Income before income taxes 15,763 16,778 32,051 32,700
Income taxes 4,197 4,376 8,883 9,360
Net income 11,566 12,402 23,168 23,340
Unrealized holding gains (losses) on securities available-for-sale:        
Unrealized holding gains (losses) arising during the period 2,321 (5,385) 8,124 62
Less: Reclassification adjustments for realized gains (losses) included in net income (4) (14) 64 130
Tax expense (benefit) 814 (1,880) 2,821 (24)
Other comprehensive income (loss), net of tax 1,511 (3,491) 5,239 (44)
Comprehensive income $ 13,077 $ 8,911 $ 28,407 $ 23,296
Basic earnings per share (in dollars per share) $ 0.66 $ 0.71 $ 1.32 $ 1.34
Diluted earnings per share (in dollars per share) $ 0.66 $ 0.71 $ 1.32 $ 1.34
Weighted average shares outstanding-basic (in shares) 17,530 17,421 17,521 17,411
Weighted average shares outstanding-diluted (in shares) 17,542 17,465 17,538 17,458
Dividends declared per share (in dollars per share) $ 0.310 $ 0.300 $ 0.620 $ 0.600