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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
INTEREST INCOME        
Loans, including fees $ 78,855 $ 70,990 $ 155,373 $ 139,720
Securities:        
Taxable 2,047 3,855 4,633 8,190
Tax-exempt 154 118 252 244
Federal funds sold       2
Interest-bearing deposits with banks 395 8,135 5,164 15,883
Total interest income 81,451 83,098 165,422 164,039
INTEREST EXPENSE        
Deposits 3,750 13,802 13,150 27,339
Short-term borrowings 1 12 8 22
Junior subordinated debentures 492 492 983 983
Total interest expense 4,243 14,306 14,141 28,344
Net interest income 77,208 68,792 151,281 135,695
Provision for credit losses 19,333 2,433 38,916 4,117
Net interest income after provision for credit losses 57,875 66,359 112,365 131,578
NONINTEREST INCOME        
Securities transactions (includes no accumulated other comprehensive income reclassifications) (595) 821 (545) 821
Income from sales of loans 1,561 868 2,342 1,566
Insurance commissions 4,443 4,420 10,119 9,685
Cash management 4,255 4,402 8,575 8,178
Gain/(loss) on sale of other assets 49 (7) 135 (11)
Other 2,241 1,209 4,014 2,635
Total noninterest income 32,082 34,077 67,227 66,078
NONINTEREST EXPENSE        
Salaries and employee benefits 42,226 36,124 81,982 72,295
Occupancy, net 3,839 2,953 7,385 5,580
Depreciation 3,544 3,015 7,035 6,000
Amortization of intangible assets 968 758 1,932 1,517
Data processing services 1,629 1,262 3,321 2,742
Net income from other real estate owned (12) 97 (2,147) (387)
Marketing and business promotion 1,485 1,919 3,840 4,180
Deposit insurance 365 544 501 1,077
Other 10,607 9,936 22,187 19,810
Total noninterest expense 64,651 56,608 126,036 112,814
Income before taxes 25,306 43,828 53,556 84,842
Income tax expense 4,576 9,661 10,218 18,838
Net income $ 20,730 $ 34,167 $ 43,338 $ 66,004
NET INCOME PER COMMON SHARE        
Basic $ 0.64 $ 1.04 $ 1.33 $ 2.02
Diluted $ 0.63 $ 1.02 $ 1.31 $ 1.98
OTHER COMPREHENSIVE (LOSS) GAIN        
Unrealized (loss) gain on securities, net of tax of $85, $(1,112), $(2,091) and $(1,980) respectively $ (189) $ 3,254 $ 6,236 $ 5,794
Comprehensive income 20,541 37,421 49,574 71,798
Trust Revenue [Member]        
NONINTEREST INCOME        
Revenue 3,368 3,250 7,023 6,427
Service Charges on Deposits [Member]        
NONINTEREST INCOME        
Revenue $ 16,760 $ 19,114 $ 35,564 $ 36,777