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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Interest and dividend income:        
Loans, including fees $ 34,338 $ 32,019 $ 69,076 $ 63,184
Investment securities:        
Taxable 6,535 6,403 13,080 12,202
Tax exempt 975 324 1,872 485
Dividends 410 977 785 1,313
Interest bearing cash at Federal Reserve and other banks 332 144 571 408
Total interest and dividend income 42,590 39,867 85,384 77,592
Interest expense:        
Deposits 881 854 1,736 1,753
Other borrowings 3 1 5 2
Junior subordinated debt 546 491 1,081 973
Total interest expense 1,430 1,346 2,822 2,728
Net interest income 41,160 38,521 82,562 74,864
Benefit from reversal of provision for loan losses (773) (633) (564) (436)
Net interest income after benefit from reversal of provision for loan losses 41,933 39,154 83,126 75,300
Noninterest income:        
Service charges and fees 8,099 8,848 15,404 16,192
Gain on sale of loans 889 837 1,692 1,459
Commissions on sale of non-deposit investment products 611 784 1,143 1,749
Increase in cash value of life insurance 681 675 1,377 1,350
Other 965 936 1,419 1,510
Total noninterest income 11,245 12,080 21,035 22,260
Noninterest expense:        
Salaries and related benefits 20,045 17,242 39,310 35,342
Other 18,222 15,194 32,708 29,376
Total noninterest expense 38,267 32,436 72,018 64,718
Income before income taxes 14,911 18,798 32,143 32,842
Provision for income taxes 5,506 7,432 12,064 13,140
Net income $ 9,405 $ 11,366 $ 20,079 $ 19,702
Earnings per share:        
Basic $ 0.41 $ 0.50 $ 0.88 $ 0.87
Diluted $ 0.41 $ 0.49 $ 0.87 $ 0.86