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Condensed Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income:    
Interest and fees on loans, including loans held for sale $ 36,577 $ 33,475
Interest and dividends on securities    
Taxable 2,470 2,030
Tax exempt 697 749
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 333 276
Other, including interest on federal funds sold 503 238
Total interest income 40,580 36,768
Interest expense:    
Interest on deposits 4,872 2,941
Interest on repurchase agreements 635 338
Interest on advances from Federal Home Loan Bank 2 3
Interest on long-term debt 480 396
Total interest expense 5,989 3,678
Net interest income 34,591 33,090
Provision for loan losses 946 1,229
Net interest income after provision for loan losses 33,645 31,861
Noninterest income:    
Service charges on deposit accounts 6,221 5,960
Gains on sales of loans, net 279 256
Trust and wealth management income 2,958 2,586
Loan related fees 1,144 1,005
Bank owned life insurance 1,764 524
Brokerage revenue 283 312
Securities losses (288) (8)
Other noninterest income 949 944
Total noninterest income 13,310 11,579
Noninterest expense:    
Officer salaries and employee benefits 3,214 3,264
Other salaries and employee benefits 12,405 11,660
Occupancy, net 2,116 2,027
Equipment 717 786
Data processing 1,636 1,789
Bank franchise tax 1,701 1,520
Legal fees 474 442
Professional fees 502 496
Advertising and marketing 732 685
FDIC insurance 314 292
Other real estate owned provision and expense 939 916
Repossession expense 409 201
Amortization of limited partnership investments 500 605
Other noninterest expense 3,022 2,961
Total noninterest expense 28,681 27,644
Income before income taxes 18,274 15,796
Income taxes 2,460 4,519
Net income 15,814 11,277
Unrealized holding gains (losses) on securities available-for-sale:    
Unrealized holding gains (losses) arising during the period (5,498) 1,115
Less: Reclassification adjustments for realized gains (losses) included in net income 149 (8)
Tax expense (benefit) (1,186) 393
Unrealized holding gain (loss) on securities available-for-sale, net of tax (4,461) 730
Implementation of ASU 2016-01 507 0
Other comprehensive income (loss), net of tax (3,954) 730
Comprehensive income $ 11,860 $ 12,007
Basic earnings per share (in dollars per share) $ 0.89 $ 0.64
Diluted earnings per share (in dollars per share) $ 0.89 $ 0.64
Weighted average shares outstanding-basic (in shares) 17,671 17,615
Weighted average shares outstanding-diluted (in shares) 17,687 17,638
Dividends declared per share (in dollars per share) $ 0.33 $ 0.32