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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Interest and fees on loans $ 30,352 $ 29,998
Interest on securities: Taxable 4,709 2,370
Interest on securities: Nontaxable 112 327
Dividends on Federal Home Loan Bank stock 387 210
Other interest income 104 64
Total interest and dividend income 35,664 32,969
Interest expense:    
Deposits 3,502 2,968
Federal Home Loan Bank advances 3,344 2,152
Junior subordinated debentures 138 112
Other interest expense 1 2
Total interest expense 6,985 5,234
Net interest income 28,679 27,735
Provision for loan losses 400 500
Net interest income after provision for loan losses 28,279 27,235
Noninterest income:    
Wealth management revenues 9,477 9,174
Mortgage banking revenues 2,340 2,198
Service charges on deposit accounts 883 907
Card interchange fees 802 797
Income from bank-owned life insurance 536 499
Loan related derivative income 148 645
Equity in earnings (losses) of unconsolidated subsidiaries (88) (88)
Other income 412 502
Total noninterest income 14,510 14,634
Noninterest expense:    
Salaries and employee benefits 16,795 16,380
Net occupancy 1,967 1,807
Equipment 1,467 1,501
Outsourced services 1,457 1,363
Legal, audit and professional fees 616 629
FDIC deposit insurance costs 481 493
Advertising and promotion 237 265
Amortization of intangibles 277 323
Debt prepayment penalties 0 431
Change in fair value of contingent consideration (310) 25
Other expenses 2,299 2,233
Total noninterest expense 25,286 25,450
Income before income taxes 17,503 16,419
Income tax expense 5,721 5,484
Net income $ 11,782 $ 10,935
Weighted average common shares outstanding - basic 17,186 17,023
Weighted average common shares outstanding - diluted 17,293 17,157
Per share information:    
Basic earnings per common share $ 0.68 $ 0.64
Diluted earnings per common share 0.68 0.64
Cash dividends declared per share $ 0.38 $ 0.36