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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Fee Revenue and Other Income:        
Information services payment and processing revenue $ 26,852 $ 25,221 $ 53,309 $ 50,048
Bank service fees 301 359 677 694
Gains (losses) on sales of securities 8 (55) 19 (42)
Other 211 115 380 314
Total fee revenue and other income 27,372 25,640 54,385 51,014
Interest Income:        
Interest and fees on loans 9,387 7,923 18,016 15,465
Interest and dividends on securities:        
Taxable 639 489 1,281 810
Exempt from federal income taxes 1,994 2,332 4,031 4,897
Interest on federal funds sold and other short-term investments 1,307 769 2,896 1,629
Total interest income 13,327 11,513 26,224 22,801
Interest Expense:        
Interest on deposits 1,305 794 2,595 1,473
Net interest income 12,022 10,719 23,629 21,328
Provision for loan losses 250
Net interest income after provision for loan losses 12,022 10,719 23,379 21,328
Total net revenue 39,394 36,359 77,764 72,342
Operating Expense:        
Personnel 22,803 21,589 45,080 41,971
Occupancy 998 925 1,957 1,779
Equipment 1,552 1,408 3,021 2,716
Amortization of intangible assets 102 111 209 221
Other operating expense 4,516 3,430 8,166 6,958
Total operating expense 29,971 27,463 58,433 53,645
Income before income tax expense 9,423 8,896 19,331 18,697
Income tax expense 1,739 1,387 3,484 3,096
Net income $ 7,684 $ 7,509 $ 15,847 $ 15,601
Basic earnings per share $ 0.53 $ 0.51 $ 1.10 $ 1.06
Diluted earnings per share $ 0.52 $ 0.50 $ 1.08 $ 1.05