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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest and dividend income:        
Loans, including fees $ 37,268 $ 35,769 $ 108,600 $ 104,845
Investment securities:        
Taxable 7,011 6,297 20,617 19,377
Tax exempt 1,041 978 3,124 2,850
Dividends 301 390 1,020 1,175
Interest bearing cash at Federal Reserve and other banks 292 275 1,080 846
Total interest and dividend income 45,913 43,709 134,441 129,093
Interest expense:        
Deposits 1,028 875 2,896 2,611
Other borrowings 149 2 164 7
Junior subordinated debt 652 562 1,870 1,643
Total interest expense 1,829 1,439 4,930 4,261
Net interest income 44,084 42,270 129,511 124,832
Provision (Reversal of provision) for loan losses 765 (3,973) (1,588) (4,537)
Net interest income after reversal of provision loan losses 43,319 46,243 131,099 129,369
Noninterest income:        
Service charges and fees 9,475 8,022 27,861 23,426
Gain on sale of loans 606 953 2,293 2,645
Commissions on sale of non-deposit investment products 672 747 1,984 1,890
Increase in cash value of life insurance 732 709 2,043 2,086
Gain on sale of investments securities 961   961  
Other 484 635 2,401 2,054
Total noninterest income 12,930 11,066 37,543 32,101
Noninterest expense:        
Salaries and related benefits 20,933 20,860 62,320 60,170
Other 16,289 16,556 46,628 49,264
Total noninterest expense 37,222 37,416 108,948 109,434
Income before income taxes 19,027 19,893 59,694 52,036
Provision for income taxes 7,130 7,694 22,129 19,758
Net income $ 11,897 $ 12,199 $ 37,565 $ 32,278
Earnings per share:        
Basic $ 0.52 $ 0.53 $ 1.64 $ 1.42
Diluted $ 0.51 $ 0.53 $ 1.62 $ 1.40