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CONSOLIDATED CONDENSED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Loans receivable:    
Taxable $ 50,489 $ 43,551
Tax exempt 1,315 248
Investment securities:    
Taxable 4,328 4,723
Tax exempt 4,509 3,835
Deposits with financial institutions 106 37
Federal Reserve and Federal Home Loan Bank stock 480 550
Total Interest Income 61,227 52,944
INTEREST EXPENSE    
Deposits 4,063 3,516
Federal funds purchased 28 23
Securities sold under repurchase agreements 100 78
Federal Home Loan Bank advances 796 691
Subordinated debentures and term loans 1,785 1,660
Total Interest Expense 6,772 5,968
NET INTEREST INCOME 54,455 $ 46,976
Provision for loan losses 550
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 53,905 $ 46,976
OTHER INCOME    
Service charges on deposit accounts 4,145 3,548
Fiduciary activities 2,494 2,507
Other customer fees $ 5,059 3,667
Commission income 2,328
Earnings on cash surrender value of life insurance $ 1,476 747
Net gains and fees on sales of loans 1,460 1,489
Net realized gains on sales of available for sale securities 997 1,025
Other income 690 921
Total Other Income 16,321 16,232
OTHER EXPENSES    
Salaries and employee benefits 27,337 24,541
Net occupancy 4,022 3,790
Equipment 3,238 2,566
Marketing 737 780
Outside data processing fees 2,069 1,717
Printing and office supplies 364 364
Core deposit amortization 978 721
FDIC assessments 950 863
Other real estate owned and foreclosure expenses 1,235 1,229
Professional and other outside services 2,162 1,491
Other expenses 3,867 3,140
Total Other Expenses 46,959 41,202
INCOME BEFORE INCOME TAX 23,267 22,006
Income tax expense 5,574 5,834
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS $ 17,693 $ 16,172
Per Share Data:    
Basic Net Income Available to Common Stockholders (in dollars per share) $ 0.43 $ 0.43
Diluted Net Income Available to Common Stockholders (in dollars per share) 0.43 0.43
Cash Dividends Paid (in dollars per share) $ 0.11 $ 0.08
Average Diluted Shares Outstanding (in shares) 40,916,972 38,000,074