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Condensed Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Interest income:        
Interest and fees on loans, including loans held for sale $ 33,593 $ 32,847 $ 100,172 $ 97,691
Interest and dividends on securities        
Taxable 2,030 2,044 6,188 7,007
Tax exempt 653 679 2,003 2,032
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 251 252 757 756
Other, including interest on federal funds sold 152 90 460 234
Total interest income 36,679 35,912 109,580 107,720
Interest expense:        
Interest on deposits 2,799 2,412 8,047 7,077
Interest on repurchase agreements and other short-term borrowings 288 231 836 689
Interest on advances from Federal Home Loan Bank 3 9 51 33
Interest on long-term debt 362 295 1,036 869
Total interest expense 3,452 2,947 9,970 8,668
Net interest income 33,227 32,965 99,610 99,052
Provision for loan losses 2,191 2,520 5,829 6,740
Net interest income after provision for loan losses 31,036 30,445 93,781 92,312
Noninterest income:        
Service charges on deposit accounts 6,563 6,348 18,680 17,976
Gains on sales of loans, net 595 462 1,357 1,575
Trust and wealth management income 2,440 2,297 7,111 6,902
Loan related fees 1,260 641 2,610 2,747
Bank owned life insurance 560 581 1,628 1,623
Brokerage revenue 387 395 1,067 1,058
Securities gains 458 12 522 142
Other noninterest income 923 1,299 2,951 2,976
Total noninterest income 13,186 12,035 35,926 34,999
Noninterest expense:        
Officer salaries and employee benefits 3,090 3,288 9,147 9,179
Other salaries and employee benefits 11,126 10,687 33,524 32,063
Occupancy, net 2,012 1,942 6,035 5,937
Equipment 733 746 2,177 2,295
Data processing 1,601 1,577 4,729 5,204
Bank franchise tax 1,492 1,272 4,291 3,816
Legal fees 455 505 1,437 1,604
Professional fees 473 524 1,395 1,497
Advertising and marketing 674 649 1,883 1,861
FDIC insurance 469 606 1,628 1,798
Other real estate owned provision and expense 873 1,289 1,892 2,525
Repossession expense 272 347 911 947
Amortization of limited partnership investments 546 1,031 2,078 2,002
Other noninterest expense 2,871 3,071 8,994 8,937
Total noninterest expense 26,687 27,534 80,121 79,665
Income before income taxes 17,535 14,946 49,586 47,646
Income taxes 5,223 3,724 14,106 13,084
Net income 12,312 11,222 35,480 34,562
Unrealized holding gains (losses) on securities available-for-sale:        
Unrealized holding gains (losses) arising during the period (2,374) 3,463 5,750 3,525
Less: Reclassification adjustments for realized gains included in net income 458 12 522 142
Tax expense (benefit) (991) 1,208 1,830 1,184
Other comprehensive income (loss), net of tax (1,841) 2,243 3,398 2,199
Comprehensive income $ 10,471 $ 13,465 $ 38,878 $ 36,761
Basic earnings per share (in dollars per share) $ 0.70 $ 0.64 $ 2.02 $ 1.98
Diluted earnings per share (in dollars per share) $ 0.70 $ 0.64 $ 2.02 $ 1.98
Weighted average shares outstanding-basic (in shares) 17,554 17,440 17,532 17,420
Weighted average shares outstanding-diluted (in shares) 17,569 17,491 17,548 17,472
Dividends declared per share (in dollars per share) $ 0.32 $ 0.31 $ 0.94 $ 0.91