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Condensed Consolidated Statements of Income (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income:    
Interest and fees on loans $ 35,886,000 $ 30,027,000
Interest on investment securities 4,842,000 4,589,000
Interest on certificates of deposit investments 14,000 31,000
Interest on federal funds sold   2,000
Interest on deposits with other financial institutions 74,000 92,000
Total interest income 40,816,000 34,741,000
Interest expense:    
Interest on deposits 2,484,000 3,861,000
Interest on securities sold under agreements to repurchase 70,000 194,000
Interest on FHLB borrowings 374,000 580,000
Interest on other borrowings 0 15,000
Interest on junior subordinated debentures 140,000 218,000
Interest on subordinated debentures 984,000  
Total interest expense 4,052,000 4,868,000
Net interest income 36,764,000 29,873,000
Provision for loan losses 12,136,000 5,481,000
Net interest income after provision for loan losses 24,628,000 24,392,000
Other income:    
Wealth management revenues 4,926,000 3,626,000
Insurance commissions 5,857,000 6,621,000
Service charges 1,364,000 1,778,000
Securities gains, net 4,000 531,000
Mortgage banking revenue, net 1,409,000 308,000
ATM / debit card revenue 2,699,000 1,987,000
Bank owned life insurance 637,000 431,000
Other 853,000 1,228,000
Total other income 17,749,000 16,510,000
Other expense:    
Salaries and employee benefits 23,487,000 16,500,000
Net occupancy and equipment expense 4,970,000 4,242,000
Net other real estate owned expense 78,000 (46,000)
FDIC insurance 452,000 93,000
Amortization of intangible assets 1,220,000 1,295,000
Stationery and supplies 316,000 268,000
Legal and professional 1,402,000 1,398,000
ATM / debit card 838,000 605,000
Marketing and donations 502,000 481,000
Other 4,335,000 2,895,000
Total other expense 37,600,000 27,731,000
Income before income taxes 4,777,000 13,171,000
Income taxes 668,000 3,172,000
Net income $ 4,109,000 $ 9,999,000
Per share data:    
Basic net income per common share $ 0.24 $ 0.60
Diluted net income per common share 0.24 $ 0.60
Cash dividends declared per common share $ 0.205