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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Interest and fees on loans        
Taxable $ 42,056 $ 50,139 $ 130,759 $ 149,094
Tax exempt 104 234 542 720
Interest and dividends on securities        
Taxable 1,577 2,209 5,419 6,956
Tax exempt 2,198 1,819 6,237 5,171
Other interest income 44 368 292 957
Total interest income 45,979 54,769 143,249 162,898
Interest on deposits 5,941 14,692 24,324 44,131
Interest on borrowings        
Short-term 51 113 458 1,295
Long-term 74 419 172 1,307
Total interest expense 6,066 15,224 24,954 46,733
NET INTEREST INCOME 39,913 39,545 118,295 116,165
Provision for loan losses 1,750 1,000 13,850 2,985
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 38,163 38,545 104,445 113,180
NONINTEREST INCOME        
Wealth advisory fees 1,930 1,736 5,594 5,002
Investment brokerage fees 421 386 1,148 1,300
Service charges on deposit accounts 2,491 3,654 7,452 12,791
Loan and service fees 2,637 2,518 7,470 7,403
Merchant card fee income 670 690 1,933 1,982
Bank owned life insurance income 932 515 1,476 1,246
Interest rate swap fee income 2,143 77 4,105 847
Mortgage banking income 1,005 636 2,945 1,256
Net securities gains 314 6 363 94
Other income 572 547 2,575 1,957
Total noninterest income 13,115 10,765 35,061 33,878
NONINTEREST EXPENSE        
Salaries and employee benefits 12,706 12,478 35,696 36,539
Net occupancy expense 1,404 1,351 4,336 4,000
Equipment costs 1,369 1,385 4,216 4,143
Data processing fees and supplies 3,025 2,620 8,736 7,619
Corporate and business development 586 999 2,324 3,376
FDIC insurance and other regulatory fees 554 (249) 1,224 566
Professional fees 1,306 1,479 3,506 3,487
Other expense 2,175 2,674 6,255 7,572
Total noninterest expense 23,125 22,737 66,293 67,302
INCOME BEFORE INCOME TAX EXPENSE 28,153 26,573 73,213 79,756
Income tax expense 5,377 5,119 13,468 14,907
NET INCOME $ 22,776 $ 21,454 $ 59,745 $ 64,849
BASIC WEIGHTED AVERAGE COMMON SHARES 25,418,712 25,622,338 25,484,329 25,576,740
BASIC EARNINGS PER COMMON SHARE $ 0.89 $ 0.84 $ 2.34 $ 2.54
DILUTED WEIGHTED AVERAGE COMMON SHARES 25,487,302 25,796,696 25,618,401 25,745,029
DILUTED EARNINGS PER COMMON SHARE $ 0.89 $ 0.83 $ 2.33 $ 2.52