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Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest income:        
Interest and fees on loans $ 49,278 $ 43,292 $ 132,741 $ 119,973
Interest on investment securities 7,302 5,835 22,095 16,416
Interest on certificates of deposit investments 8 14 29 42
Interest on federal funds sold 38   45  
Interest on deposits with other financial institutions 128 122 272 283
Total interest income 56,754 49,263 155,182 136,714
Interest expense:        
Interest on deposits 4,915 2,234 9,586 6,980
Interest on securities sold under agreements to repurchase 428 52 632 179
Interest on FHLB borrowings 1,926 359 2,842 1,178
Interest on other borrowings 1   6  
Interest on junior subordinated debentures 241 137 553 416
Interest on subordinated debentures 986 985 2,958 2,954
Total interest expense 8,497 3,767 16,577 11,707
Net interest income 48,257 45,496 138,605 125,007
Provision for credit losses 142 1,103 4,001 12,679
Net interest income after provision for credit losses 48,115 44,393 134,604 112,328
Other income:        
Wealth management revenues 4,843 4,204 16,291 14,146
Insurance commissions 4,158 3,932 16,903 14,777
Service charges 2,445 1,838 6,737 4,741
Securities gains, net 79 11 81 88
Mortgage banking revenue, net 355 1,477 1,125 4,577
ATM / debit card revenue 3,101 3,060 9,213 8,900
Bank owned life insurance 913 813 2,634 2,211
Other 897 1,024 3,491 2,952
Total other income 16,791 16,359 56,475 52,392
Other expense:        
Salaries and employee benefits 24,877 21,092 74,984 69,487
Net occupancy and equipment expense 5,903 5,382 18,131 15,834
Net other real estate owned expense 58 1,507 243 3,551
FDIC insurance 479 268 1,341 1,198
Amortization of intangible assets 1,598 1,414 4,753 3,929
Stationery and supplies 361 299 997 850
Legal and professional 1,770 1,878 5,389 4,919
ATM / debit card 1,243 618 2,991 2,530
Marketing and donations 739 679 2,318 1,688
Other 4,521 3,184 12,342 15,948
Total other expense 41,549 36,321 123,489 119,934
Income before income taxes 23,357 24,431 67,590 44,786
Income taxes 5,418 6,105 15,277 10,130
Net income $ 17,939 $ 18,326 $ 52,313 $ 34,656
Per share data:        
Basic net income per common share $ 0.88 $ 1.01 $ 2.61 $ 1.94
Diluted net income per common share 0.88 1.01 2.60 1.94
Cash dividends declared per common share $ 0.230 $ 0.220 $ 0.670 $ 0.630