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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 $ 125,437 $ 134,000 $ 143,399
Taxable interest on investments 18,869 18,399 19,509
Nontaxable interest on investments 3,001 3,253 2,701
Dividend income 412 655 722
Other interest income 765 893 2,187
Total interest income 148,484 157,200 168,518
Interest Expense      
Interest on deposits 7,920 15,544 34,001
Interest on borrowings 605 1,837 3,621
Interest on subordinated debentures 2,523 3,512 3,266
Total interest expense 11,048 20,893 40,888
Net interest income 137,436 136,307 127,630
(Credit) provision for credit losses (3,190) 12,418 2,861
Net interest income after (credit) provision for credit losses 140,626 123,889 124,769
Non-Interest Income      
Mortgage banking income, net 13,704 18,487 7,837
Brokerage and insurance commissions 3,913 2,832 2,625
Bank-owned life insurance 2,364 2,533 2,425
Customer loan swap fees 0 222 1,166
Net loss on sale of securities 0 0 (105)
Other income 3,507 3,184 4,170
Total non-interest income 49,735 50,490 42,113
Non-Interest Expenses      
Salaries and employee benefits 61,007 57,938 54,489
Furniture, equipment and data processing 12,247 11,756 10,881
Net occupancy costs 7,532 7,585 7,047
Debit card expense 4,313 3,753 3,613
Consulting and professional fees 3,691 3,833 3,706
Regulatory assessments 2,074 1,450 1,261
Amortization of core deposit intangible assets 655 682 705
Other real estate owned and collection (recoveries) costs, net (101) 382 480
Other expenses 12,302 12,604 13,121
Total non-interest expense 103,720 99,983 95,303
Income before income tax expense 86,641 74,396 71,579
Income Tax Expense 17,627 14,910 14,376
Net income $ 69,014 $ 59,486 $ 57,203
Per Share Data      
Basic earnings per share $ 4.62 $ 3.96 $ 3.70
Diluted earnings per share $ 4.60 $ 3.95 $ 3.69
Weighted average number of common shares outstanding 14,903,855 14,985,235 15,407,289
Diluted weighted average number of common shares outstanding 14,971,578 15,023,767 15,453,022
Cash dividends declared, per share (in dollars per share) $ 1.48 $ 1.32 $ 1.23
Debit Card      
Non-Interest Income      
Revenue $ 13,105 $ 10,420 $ 9,701
Deposit Accounts      
Non-Interest Income      
Revenue 6,626 6,697 8,393
Fiduciary Services      
Non-Interest Income      
Revenue $ 6,516 $ 6,115 $ 5,901