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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Interest and fees on loans $ 29,998 $ 28,353
Interest on securities: Taxable 2,370 2,259
Interest on securities: Nontaxable 327 435
Dividends on Federal Home Loan Bank stock 210 165
Other interest income 64 25
Total interest and dividend income 32,969 31,237
Interest expense:    
Deposits 2,968 3,389
Federal Home Loan Bank advances 2,152 1,902
Junior subordinated debentures 112 241
Other interest expense 2 3
Total interest expense 5,234 5,535
Net interest income 27,735 25,702
Provision for loan losses 500 0
Net interest income after provision for loan losses 27,235 25,702
Noninterest income:    
Wealth management revenues 9,174 8,435
Mortgage banking revenues 2,198 2,585
Service charges on deposit accounts 907 935
Card interchange fees 797 714
Income from bank-owned life insurance 499 490
Loan related derivative income 645 645
Equity in earnings (losses) of unconsolidated subsidiaries (88) (86)
Other income 502 302
Total noninterest income 14,634 14,020
Noninterest expense:    
Salaries and employee benefits 16,380 15,494
Net occupancy 1,807 1,886
Equipment 1,501 1,340
Outsourced services 1,363 1,247
Legal, audit and professional fees 629 676
FDIC deposit insurance costs 493 473
Advertising and promotion 265 267
Amortization of intangibles 323 155
Debt prepayment penalties 431 0
Other expenses 2,258 1,993
Total noninterest expense 25,450 23,531
Income before income taxes 16,419 16,191
Income tax expense 5,484 5,181
Net income $ 10,935 $ 11,010
Weighted average common shares outstanding - basic 17,023 16,759
Weighted average common shares outstanding - diluted 17,157 16,939
Per share information:    
Basic earnings per common share $ 0.64 $ 0.65
Diluted earnings per common share 0.64 0.65
Cash dividends declared per share $ 0.36 $ 0.34