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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income      
Interest and fees on loans and leases $ 237,156,000 $ 201,347,000 $ 193,105,000
Interest and dividends on investment securities:      
Taxable 11,432,000 6,136,000 7,842,000
Exempt from federal income taxes 58,000 170,000 678,000
Interest on deposits with other banks 1,920,000 661,000 574,000
Interest and dividends on other earning assets 1,627,000 1,417,000 1,746,000
Total interest income 252,193,000 209,731,000 203,945,000
Interest expense      
Interest on demand deposits 18,845,000 5,581,000 7,724,000
Interest on savings deposits 1,269,000 1,114,000 2,057,000
Interest on time deposits 5,308,000 6,178,000 9,835,000
Interest on short-term borrowings 1,389,000 8,000 327,000
Interest on long-term debt and subordinated notes 7,085,000 8,467,000 9,641,000
Total interest expense 33,896,000 21,348,000 29,584,000
Net interest income (expense) [1] 218,297,000 188,383,000 174,361,000
Provision (reversal of provision) for credit losses 12,198,000 (10,132,000) 40,794,000
Net interest income after provision for credit losses 206,099,000 198,515,000 133,567,000
Disaggregation of Revenue [Line Items]      
Insurance commission and fee income 19,065,000 16,357,000 16,087,000
Bank owned life insurance income [1] 3,787,000 3,981,000 2,940,000
Net gain on sales of investment securities [1] 30,000 145,000 871,000
Net gain on mortgage banking activities [1] 4,412,000 15,141,000 16,442,000
Other income [2] 4,500,000 4,482,000 5,953,000
Total noninterest income 77,885,000 83,224,000 78,328,000
Noninterest expense      
Salaries, benefits and commissions 115,806,000 104,191,000 93,208,000
Net occupancy 10,193,000 10,397,000 10,358,000
Equipment 3,904,000 3,899,000 3,841,000
Data processing 15,215,000 12,743,000 11,333,000
Professional fees 9,332,000 7,687,000 5,338,000
Marketing and advertising 2,462,000 2,063,000 1,975,000
Deposit insurance premiums 3,075,000 2,712,000 2,591,000
Intangible expenses 1,293,000 979,000 1,216,000
Restructuring charges 184,000 0 1,439,000
Other expense 25,310,000 22,738,000 23,699,000
Total noninterest expense 186,774,000 167,409,000 154,998,000
Income before income taxes 97,210,000 114,330,000 56,897,000
Income tax expense 19,090,000 22,529,000 9,981,000
Net income (loss) $ 78,120,000 $ 91,801,000 $ 46,916,000
Net income per share:      
Basic (in dollars per share) $ 2.66 $ 3.12 $ 1.60
Diluted (in dollars per share) $ 2.64 $ 3.11 $ 1.60
Trust fee income      
Disaggregation of Revenue [Line Items]      
Noninterest income $ 7,743,000 $ 8,403,000 $ 7,703,000
Service charges on deposit accounts      
Disaggregation of Revenue [Line Items]      
Noninterest income 6,175,000 5,504,000 4,845,000
Investment advisory commission and fee income      
Disaggregation of Revenue [Line Items]      
Noninterest income 19,748,000 18,936,000 15,944,000
Other service fee income      
Disaggregation of Revenue [Line Items]      
Noninterest income [2] $ 12,425,000 $ 10,275,000 $ 7,543,000
[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.
[2] Other service fee income and other income include certain items that are in scope and certain items that are out of scope of FASB ASC 606 as described further in the following paragraphs.