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CONSOLIDATED STATEMENTS OF INCOME - 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 $ 46,963 $ 49,024 $ 91,912 $ 95,098
Interest and dividends on investment securities:        
Taxable interest 7,200 4,447 14,334 9,553
Tax-exempt interest 642 346 1,293 860
Dividends 0 18 21 36
Interest on deposits in other banks 191 61 263 71
Dividends on Federal Home Loan Bank stock 68 63 127 122
Total interest income 55,064 53,959 107,950 105,740
Interest on deposits:        
Demand 144 93 256 179
Savings and money market 317 282 646 556
Time 490 498 959 1,086
Interest on short-term borrowings 2 0 2 2
Interest on long-term debt 1,133 1,025 2,174 2,052
Total interest expense 2,086 1,898 4,037 3,875
Net interest income 52,978 52,061 103,913 101,865
Provision (credit) for credit losses 989 (3,443) (2,206) (4,264)
Net interest income after provision (credit) for credit losses 51,989 55,504 106,119 106,129
Other operating income:        
Mortgage banking income 1,140 1,533 2,312 4,503
Service charges on deposit accounts 2,026 1,443 3,887 2,921
Other service charges and fees 4,610 4,619 9,098 8,409
Income from fiduciary activities 1,188 1,269 2,342 2,500
Net gain on sales of investment securities 8,506 50 8,506 50
Income from bank-owned life insurance (1,028) (1,210) (489) (2,007)
Other 696 406 1,033 851
Total other operating income 17,138 10,530 26,689 21,241
Other operating expense:        
Salaries and employee benefits 22,369 23,790 43,311 43,617
Net occupancy 4,448 4,055 8,222 7,819
Equipment 1,075 1,048 2,157 2,048
Communication 744 756 1,550 1,525
Legal and professional services 2,916 2,572 5,542 4,949
Computer software 3,624 3,398 6,706 7,181
Advertising 1,150 1,329 2,300 2,987
Other 9,023 4,485 13,766 9,153
Total other operating expense 45,349 41,433 83,554 79,279
Income before income taxes 23,778 24,601 49,254 48,091
Income tax expense 6,184 5,887 12,222 11,339
Net income $ 17,594 $ 18,714 $ 37,032 $ 36,752
Per common share data:        
Basic earnings per common share (in dollars per share) $ 0.64 $ 0.66 $ 1.34 $ 1.31
Diluted earnings per common share (in dollars per share) 0.64 0.66 1.33 1.29
Cash dividends declared (in dollars per share) $ 0.26 $ 0.24 $ 0.52 $ 0.47
Shares Used in Computation [Abstract]        
Basic shares (in shares) 27,516,284 28,173,710 27,553,629 28,141,360
Diluted shares (in shares) 27,676,619 28,456,624 27,759,187 28,407,479