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Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest income:        
Interest and fees on loans $ 43,555 $ 40,795 $ 83,463 $ 76,681
Interest on investment securities 7,623 5,739 14,793 10,581
Interest on certificates of deposit investments 9 14 21 28
Interest on federal funds sold 7   7  
Interest on deposits with other financial institutions 89 87 144 161
Total interest income 51,283 46,635 98,428 87,451
Interest expense:        
Interest on deposits 2,523 2,262 4,671 4,746
Interest on securities sold under agreements to repurchase 137 57 204 127
Interest on FHLB borrowings 640 445 916 819
Interest on other borrowings 5   5  
Interest on junior subordinated debentures 166 139 312 279
Interest on subordinated debentures 986 985 1,972 1,969
Total interest expense 4,457 3,888 8,080 7,940
Net interest income 46,826 42,747 90,348 79,511
Provision for credit losses 907 (560) 3,859 11,576
Net interest income after provision for credit losses 45,919 43,307 86,489 67,935
Other income:        
Wealth management revenues 5,473 5,016 11,448 9,942
Insurance commissions 5,641 4,988 12,745 10,845
Service charges 2,236 1,539 4,292 2,903
Securities gains, net 2 73 2 77
Mortgage banking revenue, net 289 1,691 770 3,100
ATM / debit card revenue 3,214 3,141 6,112 5,840
Bank owned life insurance 877 761 1,721 1,398
Other 827 1,075 2,594 1,928
Total other income 18,559 18,284 39,684 36,033
Other expense:        
Salaries and employee benefits 25,768 24,908 50,107 48,395
Net occupancy and equipment expense 6,073 5,482 12,228 10,452
Net other real estate owned expense 218 1,966 185 2,044
FDIC insurance 436 478 862 930
Amortization of intangible assets 1,633 1,295 3,155 2,515
Stationery and supplies 325 235 636 551
Legal and professional 1,885 1,639 3,619 3,041
ATM / debit card 670 1,074 1,748 1,912
Marketing and donations 706 507 1,579 1,009
Other 3,801 8,429 7,821 12,764
Total other expense 41,515 46,013 81,940 83,613
Income before income taxes 22,963 15,578 44,233 20,355
Income taxes 5,205 3,357 9,859 4,025
Net income $ 17,758 $ 12,221 $ 34,374 $ 16,330
Per share data:        
Basic net income per common share $ 0.87 $ 0.68 $ 1.73 $ 0.92
Diluted net income per common share 0.86 0.68 1.72 0.92
Cash dividends declared per common share $ 0.220 $ 0.205 $ 0.440 $ 0.410