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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
Fee Revenue and Other Income:        
Information services payment and processing revenue $ 23,761 $ 21,737 $ 69,332 $ 62,162
Bank service fees 327 284 998 931
Gains on sales of securities 387
Other 119 127 448 630
Total fee revenue and other income 24,207 22,148 70,778 64,110
Interest Income:        
Interest and fees on loans 7,209 7,264 21,266 21,711
Interest and dividends on securities:        
Taxable 107 36 268 69
Exempt from federal income taxes 2,605 2,386 7,865 7,217
Interest on federal funds sold and other short-term investments 744 299 1,597 775
Total interest income 10,665 9,985 30,996 29,772
Interest Expense:        
Interest on deposits 571 505 1,521 1,522
Net interest income 10,094 9,480 29,475 28,250
Provision for loan losses (1,000)
Net interest income after provision for loan losses 10,094 9,480 29,475 29,250
Total net revenue 34,301 31,628 100,253 93,360
Operating Expense:        
Personnel 19,423 18,319 57,384 54,267
Occupancy 903 860 2,634 2,560
Equipment 1,242 1,124 3,746 3,289
Amortization of intangible assets 110 101 317 305
Other operating expense 3,364 3,147 10,180 9,105
Total operating expense 25,042 23,551 74,261 69,526
Income before income tax expense 9,259 8,077 25,992 23,834
Income tax expense 2,396 1,855 6,309 5,910
Net income $ 6,863 $ 6,222 $ 19,683 $ 17,924
Basic earnings per share $ 0.62 $ 0.56 $ 1.77 $ 1.61
Diluted earnings per share $ 0.61 $ 0.55 $ 1.74 $ 1.58