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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income      
Interest and fees on loans $ 82,734 $ 82,951 $ 80,102
Interest on interest-bearing deposits and federal funds sold 1,128 509 364
Interest and dividends on securities      
U.S. government agencies and corporations 340 327 466
Mortgage-backed securities 1,491 1,235 1,233
Tax-exempt obligations of states and political subdivisions 3,214 3,742 4,162
Taxable obligations of states and political subdivisions 242 192 184
Corporate bonds and other 444 483 538
Total interest income 89,593 89,439 87,049
Interest expense      
Savings and interest-bearing deposits 1,175 1,078 1,090
Time deposits 3,573 3,314 3,104
Borrowings 3,702 3,433 3,338
Trust preferred capital notes 1,151 1,143 1,162
Total interest expense 9,601 8,968 8,694
Net interest income 79,992 80,471 78,355
Provision for loan losses 16,435 18,040 15,512
Net interest income after provision for loan losses 63,557 62,431 62,843
Noninterest income      
Gains on sales of loans 8,553 8,120 6,336
Service charges on deposit accounts 4,458 4,262 4,322
Other service charges and fees 8,704 8,553 6,787
Net gains on maturities, calls and sales of available for sale securities 10 52 29
Wealth management services income 1,619 1,165 1,481
Other 3,395 3,475 1,759
Total noninterest income 26,739 25,627 20,714
Noninterest expenses      
Salaries and employee benefits 43,104 41,925 38,926
Occupancy 10,778 9,660 8,828
Other 18,448 18,555 18,420
Total noninterest expenses 72,330 70,140 66,174
Income before income taxes 17,966 17,918 17,383
Income tax expense 11,394 4,459 4,853
Net income $ 6,572 $ 13,459 $ 12,530
Net income per share - basic (in dollars per share) $ 1.89 $ 3.90 $ 3.68
Net income – assuming dilution (in Dollars per share) $ 1.88 $ 3.89 $ 3.68
Weighted average number of shares - basic (in shares) 3,486,510 3,454,282 3,401,426
Weighted average number of shares - assuming dilution (in shares) 3,486,589 3,455,883 3,401,834