XML 18 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest Income      
Loans $ 198,226 $ 176,654 $ 178,883
Investment securities and other 7,723 6,407 6,292
Interest and Dividend Income, Operating 205,949 183,061 185,175
Interest Expense      
Deposits 27,957 20,595 17,387
Federal Home Loan Bank advances 3,985 1,516 1,214
Short-term borrowings and repurchase agreements 765 747 1,137
Subordinated debentures issued to capital trust 953 949 803
Subordinated notes 4,097 4,098 1,578
Interest Expense 37,757 27,905 22,119
Net Interest Income 168,192 155,156 163,056
Provision for Loan Losses 7,150 9,100 9,281
Net Interest Income After Provision for Loan Losses 161,042 146,056 153,775
Noninterest Income      
Commissions 1,137 1,041 1,097
Service charges and ATM fees 21,695 21,628 21,666
Net gains on loan sales 1,788 3,150 3,941
Net realized gains on sales of available-for-sale securities 2 0 2,873
Late charges and fees on loans 1,622 2,231 1,747
Gain on derivative interest rate products 25 28 66
Gain on sale of business units 7,414 0 0
Gain (loss) on termination of loss sharing agreements 0 7,705 (584)
Amortization of income/expense related to business acquisitions 0 (486) (6,351)
Other income 2,535 3,230 4,055
Noninterest Income 36,218 38,527 28,510
Noninterest Expense      
Salaries and employee benefits 60,215 60,034 60,377
Occupancy expense 25,628 24,613 26,077
Postage 3,348 3,461 3,791
Insurance 2,674 2,959 3,482
Advertising 2,460 2,311 2,228
Office supplies and printing 1,047 1,446 1,708
Telephone 3,272 3,188 3,483
Legal, audit and other professional fees 3,423 2,862 3,191
Expense on other real estate and repossessions 4,919 3,929 4,111
Partnership Tax Credit Investment Amortization 575 930 1,681
Acquired Deposit Intangible Asset Amortization 1,562 1,650 1,910
Other operating expenses 6,187 6,878 8,388
Noninterest Expense 115,310 114,261 120,427
Income Before Income Taxes 81,950 70,322 61,858
Provision for Income Taxes 14,841 18,758 16,516
Net Income and Net Income Available to Common Shareholders $ 67,109 $ 51,564 $ 45,342
Earnings Per Common Share      
Basic $ 4.75 $ 3.67 $ 3.26
Diluted $ 4.71 $ 3.64 $ 3.21