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Consolidated Statements Of Income - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income:      
Interest and fees on loans $ 149,873,000 $ 130,703,000 $ 106,282,000
Interest and dividends on investment securities 18,532,000 21,601,000 23,755,000
Other interest income 395,000 428,000 73,000
Total interest income 168,800,000 152,732,000 130,110,000
Interest expense:      
Deposits 28,494,000 19,055,000 11,093,000
Short-term borrowings 7,923,000 8,342,000 3,931,000
Long-term borrowings 2,471,000 2,471,000 2,471,000
Total interest expense 38,888,000 29,868,000 17,495,000
Net interest income 129,912,000 122,864,000 112,615,000
Provision for loan losses 8,044,000 8,934,000 13,361,000
Net interest income after provision for loan losses 121,868,000 113,930,000 99,254,000
Noninterest income:      
Service charges on deposits 7,241,000 7,120,000 7,391,000
Insurance income 4,570,000 4,930,000 5,266,000
ATM and debit card 6,779,000 6,152,000 5,721,000
Investment advisory 9,187,000 8,123,000 6,104,000
Company owned life insurance 1,758,000 1,793,000 1,781,000
Investments in limited partnerships 352,000 1,203,000 110,000
Loan servicing 432,000 441,000 439,000
Income from derivative instruments, net 2,274,000 972,000 131,000
Net gain on sale of loans held for sale 1,352,000 796,000 376,000
Net (loss) gain on investment securities 1,677,000 (127,000) 1,260,000
Net gain on other assets 29,000 50,000 37,000
Net loss on tax credit investments (528,000)    
Contingent consideration liability adjustment     1,200,000
Other 5,258,000 5,025,000 4,914,000
Total noninterest income 40,381,000 36,478,000 34,730,000
Noninterest expense:      
Salaries and employee benefits 56,330,000 54,643,000 48,675,000
Occupancy and equipment 18,266,000 17,338,000 16,293,000
Professional services 5,424,000 3,912,000 4,083,000
Computer and data processing 5,269,000 5,122,000 4,935,000
Supplies and postage 2,036,000 2,032,000 2,003,000
FDIC assessments 1,005,000 1,975,000 1,817,000
Advertising and promotions 3,577,000 3,582,000 2,171,000
Amortization of intangibles 1,250,000 1,257,000 1,170,000
Goodwill impairment 0 2,350,000 1,575,000
Other 9,671,000 8,665,000 7,791,000
Total noninterest expense 102,828,000 100,876,000 90,513,000
Income before income taxes 59,421,000 49,532,000 43,471,000
Income tax expense 10,559,000 10,006,000 9,945,000
Net income 48,862,000 39,526,000 33,526,000
Preferred stock dividends 1,461,000 1,461,000 1,462,000
Net income available to common shareholders $ 47,401,000 $ 38,065,000 $ 32,064,000
Earnings per common share (Note 18):      
Basic $ 2.97 $ 2.39 $ 2.13
Diluted 2.96 2.39 2.13
Cash dividends declared per common share $ 1.00 $ 0.96 $ 0.85
Weighted average common shares outstanding:      
Basic 15,972 15,910 15,044
Diluted 16,031 15,956 15,085