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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
INTEREST INCOME    
Interest and Fees on Loans $ 35,119 $ 23,950
Interest on Federal Funds Sold and Other Short-term Investments 141 56
Interest and Dividends on Securities:    
Taxable 3,599 2,998
Non-taxable 2,330 2,141
TOTAL INTEREST INCOME 41,189 29,145
INTEREST EXPENSE    
Interest on Deposits 5,416 2,283
Interest on FHLB Advances and Other Borrowings 2,182 1,252
TOTAL INTEREST EXPENSE 7,598 3,535
NET INTEREST INCOME 33,591 25,610
Provision for Loan Losses 675 350
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 32,916 25,260
NON-INTEREST INCOME    
Company Owned Life Insurance 884 312
Other Operating Income 871 604
Net Gains on Sales of Loans 981 650
Net Gains on Securities 155 270
TOTAL NON-INTEREST INCOME 11,658 9,492
NON-INTEREST EXPENSE    
Salaries and Employee Benefits 15,044 12,126
Occupancy Expense 2,291 1,744
Furniture and Equipment Expense 928 665
FDIC Premiums 288 237
Data Processing Fees 1,583 1,127
Professional Fees 1,327 871
Advertising and Promotion 870 701
Intangible Amortization 843 206
Other Operating Expenses 3,585 2,778
TOTAL NON-INTEREST EXPENSE 26,759 20,455
Income before Income Taxes 17,815 14,297
Income Tax Expense 2,748 2,484
NET INCOME $ 15,067 $ 11,813
Basic Earnings Per Share (USD per share) $ 0.60 $ 0.51
Diluted Earnings Per Share (USD per share) 0.60 0.51
Dividends Per Share (USD per share) $ 0.17 $ 0.15
Trust and Investment Product Fees    
NON-INTEREST INCOME    
Non-interest Income (in-scope of Topic 606) $ 1,567 $ 1,773
Service Charges on Deposit Accounts    
NON-INTEREST INCOME    
Non-interest Income (in-scope of Topic 606) 1,900 1,471
Insurance Revenues    
NON-INTEREST INCOME    
Non-interest Income (in-scope of Topic 606) 3,205 2,930
Interchange Fee Income    
NON-INTEREST INCOME    
Non-interest Income (in-scope of Topic 606) $ 2,095 $ 1,482