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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest Income    
Interest and fees on loans $ 48,300 $ 45,034
Interest and dividends on investments:    
Taxable interest 6,994 7,146
Interest exempt from federal income taxes 397 361
Dividends 476 806
Interest on bank deposits 12 6
Total interest income 56,179 53,353
Interest Expense    
Interest on deposits 1,812 1,589
Interest on short-term borrowings 1,749 2,235
Interest on subordinated debentures 705 634
Interest on other long-term debt 83 88
Total interest expense 4,349 4,546
Net Interest Income 51,830 48,807
Provision for credit losses 3,229 6,526
Net Interest Income after Provision for Credit Losses 48,601 42,281
Noninterest Income    
Net securities gains 652 0
Trust income 1,417 1,255
Service charges on deposit accounts 4,319 3,708
Insurance and retail brokerage commissions 2,082 1,959
Income from bank owned life insurance 1,292 1,296
Gain on sale of mortgage loans 977 683
Gain on sale of other loans and assets 307 195
Card-related interchange income 4,251 3,557
Derivatives mark to market 2 (1,014)
Derivative Fee Income (73) 460
Other income 1,706 1,616
Total noninterest income 16,932 13,715
Noninterest Expense    
Salaries and employee benefits 23,466 21,677
Net occupancy expense 3,761 3,481
Furniture and equipment expense 3,088 2,867
Data processing expense 2,085 1,759
Marketing and Advertising Expense 806 526
Pennsylvania shares tax expense 816 758
Intangible amortization 572 137
Collection and repossession expense 497 569
Other professional fees and services 959 791
FDIC insurance 793 1,038
Loss on sale or write-down of assets 99 96
Litigation and operational losses 232 244
Conversion Related Expenses 611 0
Other operating expenses 4,980 4,201
Total noninterest expense 42,765 38,144
Income Before Income Taxes 22,768 17,852
Income tax provision 6,880 5,379
Net Income $ 15,888 $ 12,473
Average Shares Outstanding (in shares) 88,929,892 88,840,088
Average Shares Outstanding Assuming Dilution (in shares) 88,987,671 88,845,201
Per Share Data:    
Basic Earnings per Share (in dollars per share) $ 0.18 $ 0.14
Diluted Earnings per Share (in dollars per share) 0.18 0.14
Cash Dividends Declared per Common Share (in dollars per share) $ 0.08 $ 0.07