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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income:      
Interest and fees on loans $ 193,778 $ 186,129 $ 182,657
Interest and dividends on investment securities:      
Taxable investment securities 22,430 23,302 29,454
Tax-exempt investment securities 1,972 2,392 3,044
Dividend income on investment securities 75 69 63
Interest on deposits in other financial institutions 262 46 201
Dividend income on FHLB stock 245 480 964
Total interest income 218,762 212,418 216,383
Interest on deposits:      
Demand 384 510 800
Savings and money market 1,240 2,416 5,100
Time 1,992 7,489 18,044
Interest on short-term borrowings 2 718 4,285
Interest on long-term debt 4,097 3,602 4,080
Total interest expense 7,715 14,735 32,309
Net interest income 211,047 197,683 184,074
Provision for credit losses (14,591) 42,111 6,346
Net interest income after provision for credit losses 225,638 155,572 177,728
Other operating income:      
Mortgage banking income 7,732 13,682 6,685
Service charges on deposit accounts 6,358 6,234 8,406
Other service charges and fees 18,367 14,867 15,113
Income from fiduciary activities 5,075 4,829 4,395
Income from bank-owned life insurance 3,493 3,803 3,105
Net gains (losses) on sales of investment securities 150 (201) 36
Other 1,885 1,984 4,061
Total other operating income 43,060 45,198 41,801
Other operating expense:      
Salaries and employee benefits 90,213 83,848 80,877
Net occupancy 16,133 15,162 14,299
Legal and professional services 10,452 9,035 7,354
Computer software expense 13,304 12,717 10,812
Communication expense 3,271 3,225 3,551
Equipment 4,344 4,531 4,353
Advertising expense 5,495 3,791 2,661
Other 19,834 19,428 17,695
Total other operating expense 163,046 151,737 141,602
Income before income taxes 105,652 49,033 77,927
Income tax expense 25,758 11,760 19,605
Net income $ 79,894 $ 37,273 $ 58,322
Per common share data:      
Basic earnings per share (in dollars per share) $ 2.85 $ 1.33 $ 2.05
Diluted earnings per share (in dollars per share) 2.83 1.32 2.03
Cash dividends declared (in dollars per share) $ 0.96 $ 0.92 $ 0.90