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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest and fees on loans        
Taxable $ 42,649 $ 50,089 $ 88,703 $ 98,955
Tax exempt 216 235 438 486
Interest and dividends on securities        
Taxable 1,869 2,250 3,842 4,747
Tax exempt 2,033 1,710 4,039 3,352
Other interest income 64 351 248 589
Total interest income 46,831 54,635 97,270 108,129
Interest on deposits 7,184 15,556 18,383 29,439
Interest on borrowings        
Short-term 45 232 407 1,182
Long-term 74 436 98 888
Total interest expense 7,303 16,224 18,888 31,509
NET INTEREST INCOME 39,528 38,411 78,382 76,620
Provision for loan losses 5,500 785 12,100 1,985
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 34,028 37,626 66,282 74,635
NONINTEREST INCOME        
Wealth advisory fees 1,805 1,646 3,664 3,266
Investment brokerage fees 310 528 727 914
Service charges on deposit accounts 2,189 4,850 4,961 9,137
Loan and service fees 2,425 2,481 4,833 4,885
Merchant card fee income 594 670 1,263 1,292
Bank owned life insurance income 836 287 544 731
Mortgage banking income 1,354 398 1,940 620
Net securities gains 49 65 49 88
Other income 1,607 663 3,965 2,180
Total noninterest income 11,169 11,588 21,946 23,113
NONINTEREST EXPENSE        
Salaries and employee benefits 11,424 11,854 22,990 24,061
Net occupancy expense 1,545 1,283 2,932 2,649
Equipment costs 1,430 1,409 2,847 2,758
Data processing fees and supplies 2,829 2,574 5,711 4,999
Corporate and business development 627 1,171 1,738 2,377
FDIC insurance and other regulatory fees 403 409 670 815
Professional fees 1,053 1,071 2,200 2,008
Other expense 1,768 2,321 4,080 4,898
Total noninterest expense 21,079 22,092 43,168 44,565
INCOME BEFORE INCOME TAX EXPENSE 24,118 27,122 45,060 53,183
Income tax expense 4,448 5,409 8,091 9,788
NET INCOME $ 19,670 $ 21,713 $ 36,969 $ 43,395
BASIC WEIGHTED AVERAGE COMMON SHARES 25,412,014 25,614,701 25,517,499 25,553,254
BASIC EARNINGS PER COMMON SHARE $ 0.77 $ 0.85 $ 1.45 $ 1.70
DILUTED WEIGHTED AVERAGE COMMON SHARES 25,469,680 25,774,002 25,594,959 25,721,079
DILUTED EARNINGS PER COMMON SHARE $ 0.77 $ 0.85 $ 1.44 $ 1.69