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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income:    
Interest and fees on loans $ 26,540 $ 28,058
Interest on securities -- taxable 198 380
Interest on securities -- tax-exempt 297 538
Interest on deposits in banks 116 533
Total interest income 27,151 29,509
Interest expense:    
Interest on deposits 869 1,825
Interest on short-term borrowings 0 2
Total interest expense 869 1,827
Net interest income 26,282 27,682
(Recovery of) provision for credit losses (4,001) 3,500
Net interest income after provision for loan losses 30,283 24,182
Noninterest income:    
Net gain on sale of securities 0 385
Net FDIC indemnification asset amortization (280) (486)
Other operating income 915 844
Total noninterest income 7,569 7,549
Noninterest expense:    
Salaries and employee benefits 10,884 11,386
Occupancy expense 1,275 1,315
Furniture and equipment expense 1,367 1,384
Service fees 1,335 1,523
Advertising and public relations 335 512
Professional fees 466 233
Amortization of intangibles 357 361
FDIC premiums and assessments 199 0
Merger expenses 0 1,893
Other operating expense 2,602 3,057
Total noninterest expense 18,820 21,664
Income before income taxes 19,032 10,067
Income tax expense 4,430 2,195
Net income $ 14,602 $ 7,872
Earnings per common share    
Basic (in dollars per share) $ 0.83 $ 0.44
Diluted (in dollars per share) $ 0.82 $ 0.44
Weighted average shares outstanding    
Basic (in shares) 17,669,937 17,998,994
Diluted (in shares) 17,729,185 18,050,071
Fiduciary and Trust [Member]    
Noninterest income:    
Noninterest income $ 881 $ 844
Deposit Account [Member]    
Noninterest income:    
Noninterest income 3,031 3,731
Financial Service, Other [Member]    
Noninterest income:    
Noninterest income $ 3,022 $ 2,231