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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest Income    
Interest and fees on loans $ 58,483 $ 48,300
Interest and dividends on investments:    
Taxable interest 7,056 6,994
Interest exempt from federal income taxes 410 397
Dividends 519 476
Interest on bank deposits 31 12
Total interest income 66,499 56,179
Interest Expense    
Interest on deposits 3,541 1,812
Interest on short-term borrowings 2,295 1,749
Interest on subordinated debentures 827 705
Interest on other long-term debt 77 83
Interest Expense, Lessee, Assets under Capital Lease 74 0
Total interest expense 6,814 4,349
Net Interest Income 59,685 51,830
Provision for credit losses 6,903 3,229
Net Interest Income after Provision for Credit Losses 52,782 48,601
Noninterest Income    
Net securities gains 2,840 652
Trust income 1,928 1,417
Service charges on deposit accounts 4,406 4,319
Insurance and retail brokerage commissions 1,868 2,082
Income from bank owned life insurance 1,494 1,292
Gain on sale of mortgage loans 1,484 977
Gain on sale of other loans and assets 574 307
Card-related interchange income 4,742 4,251
Derivatives mark to market 789 2
Derivative Fee Income 290 (73)
Other income 1,628 1,706
Total noninterest income 22,043 16,932
Noninterest Expense    
Salaries and employee benefits 24,873 23,466
Net occupancy expense 4,369 3,761
Furniture and equipment expense 3,540 3,088
Data processing expense 2,433 2,085
Marketing and Advertising Expense 809 806
Pennsylvania shares tax expense 903 816
Intangible amortization 784 572
Collection and repossession expense 823 497
Other professional fees and services 1,007 959
FDIC insurance 776 793
Loss on sale or write-down of assets 197 99
Litigation and operational losses 179 232
Conversion Related Expenses 337 611
Total noninterest expense 46,873 42,765
Income Before Income Taxes 27,952 22,768
Income tax provision 4,682 6,880
Net Income $ 23,270 $ 15,888
Average Shares Outstanding (in shares) 97,433,137 88,929,892
Average Shares Outstanding Assuming Dilution (in shares) 97,601,162 88,987,671
Per Share Data:    
Basic Earnings per Share (in dollars per share) $ 0.24 $ 0.18
Diluted Earnings per Share (in dollars per share) 0.24 0.18
Cash Dividends Declared per Common Share (in dollars per share) $ 0.08 $ 0.08