Summary of Quarterly Results of Operations (unaudited) (Tables)

12 Months Ended

Dec. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

Results of Operations

The following table sets forth the results of operations for the four quarters of 2018 and 2017, and is unaudited; however, in the opinion of Management, it reflects all adjustments (which include only normal recurring adjustments) necessary to present fairly the summarized results for such periods.

	2018 Quarters Ended
	December 31,		September 30,		June 30,			March 31,
			(dollars in thousands, except per share data)
Interest and dividend income:
Loans:
Discount accretion	$	1,982	$	2,098	$	559		$	632
All other loan interest income		53,680		51,004		38,745			37,417
Total loan interest income		55,662		53,102		39,304			38,049
Debt securities, dividends and interest bearing cash at banks		12,403		11,452		9,174			9,072
Total interest income		68,065		64,554		48,478			47,121
Interest expense		4,063		4,065		2,609			2,135
Net interest income		64,002		60,489		45,869			44,986
(Benefit from reversal of) provision for loan losses		806		2,651		(638	)		(236	)
Net interest income after provision for loan losses		63,196		57,838		46,507			45,222
Noninterest income		12,634		12,186		12,174			12,290
Noninterest expense		45,285		47,378		37,870			38,162
Income before income taxes		30,545		22,646		20,811			19,350
Income tax expense		7,334		6,476		5,782			5,440
Net income	$	23,211	$	16,170	$	15,029		$	13,910
Per common share:
Net income (diluted)	$	0.76	$	0.53	$	0.65		$	0.60
Dividends	$	0.19	$	0.17	$	0.17		$	0.17

	2017 Quarters Ended
	December 31,		September 30,		June 30,			March 31,
			(dollars in thousands, except per share data)
Interest and dividend income:
Loans:
Discount accretion	$	1,489	$	1,364	$	2,170		$	1,541
All other loan interest income		36,705		35,904		34,248			33,373
Total loan interest income		38,194		37,268		36,418			34,914
Debt securities, dividends and interest bearing cash at banks		8,767		8,645		8,626			8,570
Total interest income		46,961		45,913		45,044			43,484
Interest expense		1,868		1,829		1,610			1,491
Net interest income		45,093		44,084		43,434			41,993
Provision for (benefit from reversal of provision for) loan losses		1,677		765		(796	)		(1,557	)
Net interest income after provision for loan losses		43,416		43,319		44,230			43,550
Noninterest income		12,478		12,930		12,910			11,703
Noninterest expense		38,076		37,222		35,904			35,822
Income before income taxes		17,818		19,027		21,236			19,431
Income tax expense		14,829		7,130		7,647			7,352
Net income	$	2,989	$	11,897	$	13,589		$	12,079
Per common share:
Net income (diluted)	$	0.13	$	0.51	$	0.58		$	0.52
Dividends	$	0.17	$	0.17	$	0.17		$	0.15