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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income:      
Interest and fees on loans $ 126,814,000 $ 126,825,000 $ 105,772,000
Interest on investment securities      
Taxable 11,449,000 15,662,000 13,070,000
Exempt from federal income tax 5,517,000 5,381,000 5,167,000
Interest on certificates of deposit investments 84,000 137,000 66,000
Interest on federal funds sold 3,000 14,000 8,000
Interest on deposits with other financial institutions 274,000 1,702,000 482,000
Total interest income 144,141,000 149,721,000 124,565,000
Interest expense:      
Interest on deposits 12,751,000 18,939,000 8,571,000
Interest on securities sold under agreements to repurchase 488,000 911,000 330,000
Interest on FHLB borrowings 1,851,000 2,706,000 2,071,000
Interest on other borrowings 26,000 15,000 446,000
Interest on junior subordinated debentures 682,000 1,476,000 1,409,000
Interest on subordinated debt 931,000    
Total interest expense 16,729,000 24,047,000 12,827,000
Net interest income 127,412,000 125,674,000 111,738,000
Provision for loan losses 16,103,000 6,433,000 8,667,000
Net interest income after provision for loan losses 111,309,000 119,241,000 103,071,000
Other income:      
Wealth management revenues 16,153,000 15,570,000 8,460,000
Insurance commissions 17,477,000 16,029,000 5,592,000
Service charges 5,862,000 7,837,000 7,435,000
Securities gains, net 1,106,000 802,000 901,000
Mortgage banking revenue, net 5,075,000 1,746,000 1,205,000
ATM / debit card revenue 8,962,000 8,491,000 7,487,000
Bank owned life insurance 1,730,000 1,755,000 1,389,000
Other income 3,155,000 3,787,000 2,945,000
Total other income 59,520,000 56,017,000 35,414,000
Other expense:      
Salaries and employee benefits 66,452,000 62,578,000 46,803,000
Net occupancy and equipment expense 16,708,000 17,680,000 14,533,000
Net other real estate owned expense 42,000 443,000 282,000
FDIC insurance expense 1,309,000 219,000 1,059,000
Amortization of intangible assets 5,062,000 5,848,000 3,215,000
Stationery and supplies 1,080,000 1,104,000 963,000
Legal and professional 5,427,000 5,164,000 5,243,000
ATM / debit card expense 2,290,000 3,488,000 2,971,000
Marketing and donations 1,616,000 2,031,000 1,794,000
Other expense 11,101,000 13,437,000 13,117,000
Total other expense 111,087,000 111,992,000 89,980,000
Income before income taxes 59,742,000 63,266,000 48,505,000
Income taxes 14,472,000 15,323,000 11,905,000
Net income $ 45,270,000 $ 47,943,000 $ 36,600,000
Per share data:      
Basic net income per common share $ 2.71 $ 2.88 $ 2.53
Diluted net income per common share 2.70 2.87 2.52
Cash dividends declared per common share $ 0.81 $ 0.76 $ 0.70