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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income:    
Interest and fees on loans $ 40,008 $ 41,744
Interest on mortgage loans held for sale 285 180
Taxable interest on debt securities 5,834 7,226
Nontaxable interest on debt securities 0 9
Dividends on Federal Home Loan Bank stock 640 695
Other interest income 349 340
Total interest and dividend income 47,116 50,194
Interest expense:    
Deposits 8,536 8,696
Federal Home Loan Bank advances 5,765 6,661
Junior subordinated debentures 213 253
Total interest expense 14,514 15,610
Net interest income 32,602 34,584
Provision for credit losses 7,036 650
Net interest income after provision for loan losses 25,566 33,934
Noninterest income:    
Wealth management revenues 8,689 9,252
Mortgage banking revenues 6,096 2,646
Card interchange fees 947 997
Service charges on deposit accounts 860 875
Loan related derivative income 2,455 724
Income from bank-owned life insurance 564 649
Other income 316 224
Total noninterest income 19,927 15,367
Noninterest expense:    
Salaries and employee benefits 19,468 17,619
Outsourced services 3,000 2,606
Net occupancy 2,019 1,998
Equipment 977 1,011
Legal, audit and professional fees 822 534
FDIC deposit insurance costs 422 429
Advertising and promotion 259 239
Amortization of intangibles 230 239
Other expenses 3,256 2,289
Total noninterest expense 30,453 26,964
Income before income taxes 15,040 22,337
Income tax expense 3,139 4,842
Net income 11,901 17,495
Net income applicable to common shareholders $ 11,869 $ 17,461
Weighted average common shares outstanding - basic 17,345 17,304
Weighted average common shares outstanding - diluted 17,441 17,401
Per share information:    
Basic earnings per common share $ 0.68 $ 1.01
Diluted earnings per common share $ 0.68 $ 1.00