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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest, fee and dividend income        
Interest and fees on loans $ 65,286 $ 62,449 $ 129,313 $ 123,679
Securities available for sale 7,218 5,976 14,227 11,963
Securities held to maturity 2,736 2,496 5,517 4,784
Other 654 454 1,273 903
Total interest, fee and dividend income 75,894 71,375 150,330 141,329
Interest expense        
Deposits 3,536 3,605 7,010 7,202
Short-term borrowings 1,366 579 2,505 907
Long-term debt 599 773 1,205 1,606
Junior subordinated debt 772 641 1,498 1,260
Total interest expense 6,273 5,598 12,218 10,975
Net interest income 69,621 65,777 138,112 130,354
Provision for loan losses 7,567 4,780 14,946 10,878
Net interest income after provision for loan losses 62,054 60,997 123,166 119,476
Noninterest income        
Insurance and other financial services revenue 5,621 5,625 12,391 12,571
Service charges on deposit accounts 4,161 4,166 8,138 8,105
ATM and debit card fees 5,518 4,934 10,468 9,517
Retirement plan administration fees 5,437 4,054 9,609 7,808
Trust 5,161 4,937 9,693 9,313
Bank owned life insurance 1,218 1,271 2,629 2,562
Net securities gains 2 1 2 30
Other 3,186 4,626 6,124 8,075
Total noninterest income 30,304 29,614 59,054 57,981
Noninterest expense        
Salaries and employee benefits 32,754 32,931 66,341 65,372
Occupancy 5,184 5,254 11,354 10,745
Data processing and communications 4,229 4,121 8,427 8,171
Professional fees and outside services 3,609 3,331 6,641 6,562
Equipment 3,793 3,547 7,491 7,007
Office supplies and postage 1,640 1,676 3,248 3,223
FDIC expenses 1,136 1,293 2,314 2,551
Advertising 656 595 1,046 1,099
Amortization of intangible assets 1,039 928 2,006 2,024
Loan collection and other real estate owned, net 664 845 1,943 1,550
Other 5,617 5,924 10,792 10,365
Total noninterest expense 60,321 60,445 121,603 118,669
Income before income tax expense 32,037 30,166 60,617 58,788
Income tax expense 10,678 10,257 18,979 19,988
Net income $ 21,359 $ 19,909 $ 41,638 $ 38,800
Earnings per share        
Basic (in dollars per share) $ 0.49 $ 0.46 $ 0.96 $ 0.90
Diluted (in dollars per share) $ 0.49 $ 0.46 $ 0.95 $ 0.89