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Quarterly Financial Data (unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information | The following table is a summary of selected quarterly results of operations for the years ended December 31, 2020 and 2019.
|  | Three Months Ended
(Dollars in thousands, except share data) |  | March 31 |  | June 30 |  | Sept. 30 |  | Dec. 31
2020: |  |  |  |  |  |  |  |
Interest income |  | $ | 88,909 |  |  | $ | 87,445 |  |  | $ | 89,566 |  |  | $ | 91,800 |
Interest expense |  | 12,626 |  |  | 6,259 |  |  | 5,726 |  |  | 5,479 |
Net interest income |  | 76,283 |  |  | 81,186 |  |  | 83,840 |  |  | 86,321 |
Provision for (recovery of) loan losses |  | 5,153 |  |  | 12,224 |  |  | 13,836 |  |  | (19,159) |
Income before income taxes |  | 27,340 |  |  | 35,127 |  |  | 36,703 |  |  | 55,475 |
Net income |  | 22,372 |  |  | 29,505 |  |  | 30,846 |  |  | 45,200 |
Per common share data: |  |  |  |  |  |  |  |
Net income per common share - basic |  | 1.37 |  |  | 1.81 |  |  | 1.89 |  |  | 2.77 |
Net income per common share - diluted |  | 1.36 |  |  | 1.80 |  |  | 1.88 |  |  | 2.75 |
Weighted-average common shares outstanding - basic |  | 16,303,602 |  |  | 16,296,427 |  |  | 16,300,720 |  |  | 16,310,551 |
Weighted-average common shares equivalent - diluted |  | 16,425,881 |  |  | 16,375,434 |  |  | 16,393,792 |  |  | 16,434,812 |
2019: |  |  |  |  |  |  |  |
Interest income |  | $ | 81,856 |  |  | $ | 92,226 |  |  | $ | 94,589 |  |  | $ | 91,829 |
Interest expense |  | 14,080 |  |  | 16,375 |  |  | 17,488 |  |  | 14,820 |
Net interest income |  | 67,776 |  |  | 75,851 |  |  | 77,101 |  |  | 77,009 |
Provision for (recovery of) loan losses |  | 2,498 |  |  | 1,919 |  |  | 1,967 |  |  | (213) |
Income before income taxes |  | 30,476 |  |  | 26,548 |  |  | 37,532 |  |  | 30,215 |
Net income |  | 25,455 |  |  | 22,163 |  |  | 31,146 |  |  | 23,936 |
Per common share data: |  |  |  |  |  |  |  |
Net income per common share - basic |  | 1.63 |  |  | 1.34 |  |  | 1.90 |  |  | 1.46 |
Net income per common share - diluted |  | 1.62 |  |  | 1.33 |  |  | 1.89 |  |  | 1.45 |
Weighted-average common shares outstanding - basic |  | 15,651,541 |  |  | 16,560,545 |  |  | 16,382,798 |  |  | 16,342,485 |
Weighted-average common shares equivalent - diluted |  | 15,744,777 |  |  | 16,642,571 |  |  | 16,475,741 |  |  | 16,454,553 |

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306 + Details
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