Selected Quarterly Consolidated Financial Data (Unaudited) |
| | | | | | | | | | | | | | | (Dollars and shares in thousands, except per share amounts) | | | | | 2018 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Interest and dividend income |
| $40,440 |
|
| $43,286 |
|
| $45,164 |
|
| $47,517 |
| Interest expense | 8,588 |
| 10,175 |
| 11,715 |
| 13,639 |
| Net interest income | 31,852 |
| 33,111 |
| 33,449 |
| 33,878 |
| Provision for loan losses | — |
| 400 |
| 350 |
| 800 |
| Net interest income after provision for loan losses | 31,852 |
| 32,711 |
| 33,099 |
| 33,078 |
| Noninterest income | 15,743 |
| 15,993 |
| 15,215 |
| 15,163 |
| Noninterest expense | 27,130 |
| 26,288 |
| 26,062 |
| 26,682 |
| Income before income taxes | 20,465 |
| 22,416 |
| 22,252 |
| 21,559 |
| Income tax expense | 4,254 |
| 4,742 |
| 4,741 |
| 4,523 |
| Net income |
| $16,211 |
|
| $17,674 |
|
| $17,511 |
|
| $17,036 |
| | | | | | Net income available to common shareholders |
| $16,173 |
|
| $17,636 |
|
| $17,475 |
|
| $17,004 |
| | | | | | Weighted average common shares outstanding - basic | 17,234 |
| 17,272 |
| 17,283 |
| 17,297 |
| Weighted average common shares outstanding - diluted | 17,345 |
| 17,387 |
| 17,382 |
| 17,385 |
| Per share information: | Basic earnings per common share |
| $0.94 |
|
| $1.02 |
|
| $1.01 |
|
| $0.98 |
| | Diluted earnings per common share |
| $0.93 |
|
| $1.01 |
|
| $1.01 |
|
| $0.98 |
| | Cash dividends declared per share |
| $0.43 |
|
| $0.43 |
|
| $0.43 |
|
| $0.47 |
|
| | | | | | | | | | | | | | | (Dollars and shares in thousands, except per share amounts) | | | | | 2017 | First Quarter | Second Quarter | Third Quarter | Fourth Quarter | Interest and dividend income |
| $35,664 |
|
| $37,153 |
|
| $37,869 |
|
| $38,900 |
| Interest expense | 6,985 |
| 7,249 |
| 7,810 |
| 8,011 |
| Net interest income | 28,679 |
| 29,904 |
| 30,059 |
| 30,889 |
| Provision for loan losses | 400 |
| 700 |
| 1,300 |
| 200 |
| Net interest income after provision for loan losses | 28,279 |
| 29,204 |
| 28,759 |
| 30,689 |
| Noninterest income | 14,510 |
| 16,806 |
| 17,283 |
| 16,210 |
| Noninterest expense | 25,286 |
| 26,306 |
| 26,754 |
| 25,754 |
| Income before income taxes | 17,503 |
| 19,704 |
| 19,288 |
| 21,145 |
| Income tax expense | 5,721 |
| 6,505 |
| 6,326 |
| 13,163 |
| Net income |
| $11,782 |
|
| $13,199 |
|
| $12,962 |
|
| $7,982 |
| | | | | | Net income available to common shareholders |
| $11,755 |
|
| $13,170 |
|
| $12,934 |
|
| $7,958 |
| | | | | | Weighted average common shares outstanding - basic | 17,186 |
| 17,206 |
| 17,212 |
| 17,223 |
| Weighted average common shares outstanding - diluted | 17,293 |
| 17,316 |
| 17,318 |
| 17,349 |
| Per share information: | Basic earnings per common share |
| $0.68 |
|
| $0.77 |
|
| $0.75 |
|
| $0.46 |
| | Diluted earnings per common share |
| $0.68 |
|
| $0.76 |
|
| $0.75 |
|
| $0.46 |
| | Cash dividends declared per share |
| $0.38 |
|
| $0.38 |
|
| $0.39 |
|
| $0.39 |
|
|