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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Fee Revenue and Other Income:        
Information services payment and processing revenue $ 23,282 $ 20,880 $ 45,571 $ 40,425
Bank service fees 389 289 671 647
Gains on sales of securities 79 387
Other 129 209 329 503
Total fee revenue and other income 23,800 21,457 46,571 41,962
Interest Income:        
Interest and fees on loans 7,104 7,316 14,057 14,447
Interest and dividends on securities:        
Taxable 84 21 161 33
Exempt from federal income taxes 2,659 2,437 5,260 4,831
Interest on federal funds sold and other short-term investments 485 236 853 476
Total interest income 10,332 10,010 20,331 19,787
Interest Expense:        
Interest on deposits 470 504 950 1,017
Net interest income 9,862 9,506 19,381 18,770
Provision for loan losses (1,000)
Net interest income after provision for loan losses 9,862 9,506 19,381 19,770
Total net revenue 33,662 30,963 65,952 61,732
Operating Expense:        
Personnel 19,162 18,102 37,961 35,948
Occupancy 889 866 1,731 1,700
Equipment 1,200 1,110 2,504 2,165
Amortization of intangible assets 108 102 207 204
Other operating expense 3,542 2,879 6,816 5,958
Total operating expense 24,901 23,059 49,219 45,975
Income before income tax expense 8,761 7,904 16,733 15,757
Income tax expense 2,248 2,035 3,913 4,055
Net income $ 6,513 $ 5,869 $ 12,820 $ 11,702
Basic earnings per share $ 0.58 $ 0.53 $ 1.15 $ 1.05
Diluted earnings per share $ 0.58 $ 0.52 $ 1.13 $ 1.03