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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
INTEREST AND DIVIDEND INCOME      
Loans, including fees $ 300,960 $ 300,625 $ 269,811
Investment securities:      
Taxable 14,918 14,733 14,342
Tax-exempt 3,497 3,302 3,449
Dividends 1,089 1,824 2,224
Total Interest and Dividend Income 320,464 320,484 289,826
INTEREST EXPENSE      
Deposits 35,986 63,026 40,856
Borrowings and junior subordinated debt securities 5,090 10,667 14,532
Total Interest Expense 41,076 73,693 55,388
NET INTEREST INCOME 279,388 246,791 234,438
Provision for credit losses 131,424 14,873 14,995
Net Interest Income After Provision for Credit Losses 147,964 231,918 219,443
NONINTEREST INCOME      
Net gain (loss) on sale of securities 142 (26) 0
Mortgage banking 10,923 2,491 2,762
Commercial loan swap income 4,740 5,503 1,225
Gain on sale of majority interest of insurance business 0 0 1,873
Other 7,160 9,246 7,462
Total Noninterest Income 59,719 52,558 49,181
NONINTEREST EXPENSE      
Salaries and employee benefits 90,115 83,986 76,108
Data processing and information technology 15,499 14,468 10,633
Net occupancy 14,529 12,103 11,097
Furniture, equipment and software 11,050 8,958 8,083
Other taxes 6,622 3,364 6,183
Professional services and legal 6,394 4,244 4,132
Marketing 5,996 4,631 4,192
FDIC insurance 5,089 758 3,238
Merger related expenses 2,342 11,350 0
Other 29,008 23,254 21,779
Total Noninterest Expense 186,644 167,116 145,445
Income Before Taxes 21,039 117,360 123,179
Income taxes (benefit) expense (1) 19,126 17,845
Net Income $ 21,040 $ 98,234 $ 105,334
Earnings per common share—basic (in USD per share) $ 0.54 $ 2.84 $ 3.03
Earnings per common share—diluted (in USD per share) 0.53 2.82 3.01
Dividends declared per common share (in USD per share) $ 1.12 $ 1.09 $ 0.99
Debit and credit card      
NONINTEREST INCOME      
Revenue from contract with customer $ 15,093 $ 13,405 $ 12,679
Service charges on deposit accounts      
NONINTEREST INCOME      
Revenue from contract with customer 11,704 13,316 13,096
Wealth management      
NONINTEREST INCOME      
Revenue from contract with customer $ 9,957 $ 8,623 $ 10,084