XML 164 R145.htm IDEA: XBRL DOCUMENT v3.20.4
Quarterly Financial Data (unaudited) - Schedule of Quarterly Financial Data (Detail) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]                      
Interest income $ 51,334 $ 50,612 $ 49,980 $ 52,019 $ 53,369 $ 54,300 $ 54,060 $ 52,364 $ 203,945 $ 214,093 $ 190,488
Interest expense 6,813 6,758 6,462 9,551 10,940 11,655 11,425 10,841 29,584 44,861 32,426
Net interest income 44,521 43,854 43,518 42,468 42,429 42,645 42,635 41,523 174,361 [1] 169,232 [1] 158,062 [1]
(Reversal of provision) provision for credit losses (8,721) 3,935 23,737 21,843 2,225 1,533 2,073 2,680 39,439 8,518 20,310
Net interest income after provision for credit losses 53,242 39,919 19,781 20,625 40,204 41,112 40,562 38,843 133,567 160,721 137,752
Noninterest income 20,139 21,805 18,000 18,384 16,170 16,599 16,356 16,297 78,328 65,422 60,173
Total noninterest expense 41,734 38,527 35,960 38,777 37,480 36,267 36,781 35,562 154,998 146,090 137,239
Income before income taxes 31,647 23,197 1,821 232 18,894 21,444 20,137 19,578 56,897 80,053 60,686
Income tax expense 5,773 5,078 (264) (606) 3,384 3,782 3,669 3,499 9,981 14,334 10,143
Net income $ 25,874 $ 18,119 $ 2,085 $ 838 $ 15,510 $ 17,662 $ 16,468 $ 16,079 $ 46,916 $ 65,719 $ 50,543
Weighted average shares outstanding - basic earnings per share 29,237 29,189 29,149 29,218 29,232 29,211 29,181 29,146 29,198 29,193 29,177
Weighted average shares outstanding - diluted earnings per share 29,309 29,217 29,164 29,283 29,313 29,285 29,243 29,205 29,268 29,261 29,259
Net income per share:                      
Basic (in dollars per share) $ 0.88 $ 0.62 $ 0.07 $ 0.03 $ 0.53 $ 0.60 $ 0.56 $ 0.55 $ 1.60 $ 2.24 $ 1.72
Diluted (in dollars per share) 0.88 0.62 0.07 0.03 0.53 0.60 0.56 0.55 1.60 2.24 1.72
Dividends declared per share $ 0 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.20 $ 0.60 $ 0.80 $ 0.80
[1] Net interest income as well as many other revenues for financial assets and liabilities including loans, leases, securities, and derivatives are excluded from the scope of FASB ASC 606 "Revenue from Contracts with Customers" (FASB ASC 606). Noninterest income streams that are out of scope of FASB ASC 606 include bank owned life insurance income, sales of investment securities and mortgage banking activities.