QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2021

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Schedule Of Quarterly Financial Information

(dollars in thousands,	First		Second		Third		Fourth
except per share amounts)	Quarter		Quarter		Quarter		Quarter		Full Year
Year Ended December 31, 2021:
Interest income	$	59,138	$	61,403	$	61,989	$	64,688	$	247,218
Interest expense		4,909		3,493		2,802		2,730		13,934
Net interest income		54,229		57,910		59,187		61,958		233,284
Provision for credit losses		360		44		(417)		3,879		3,866
Noninterest income		11,908		14,035		30,680		13,830		70,453
Noninterest expense		34,511		35,617		38,394		39,564		148,086
Income before taxes on income		31,266		36,284		51,890		32,345		151,785
Taxes on income		8,911		10,230		14,664		8,469		42,274
Net income	$	22,355	$	26,054	$	37,226	$	23,876	$	109,511
Income per share
Basic	$	0.50	$	0.58	$	0.83	$	0.51	$	2.42
Diluted	$	0.50	$	0.58	$	0.83	$	0.51	$	2.41
Year Ended December 31, 2020:
Interest income	$	62,338	$	61,932	$	61,691	$	57,930	$	243,891
Interest expense		17,470		13,485		10,074		6,218		47,247
Net interest income		44,868		48,447		51,617		51,712		196,644
Provision for credit losses		4,064		1,367		1,548		(233)		6,746
Noninterest income		10,675		8,969		23,641		11,362		54,647
Noninterest expense		32,872		30,937		30,595		31,374		125,778
Income before taxes on income		18,607		25,112		43,115		31,933		118,767
Taxes on income		5,396		7,258		12,177		9,567		34,398
Net income	$	13,211	$	17,854	$	30,938	$	22,366	$	84,369
Income per share
Basic	$	0.30	$	0.40	$	0.69	$	0.50	$	1.89
Diluted	$	0.29	$	0.40	$	0.69	$	0.50	$	1.88
Year Ended December 31, 2019:
Interest income	$	60,544	$	63,308	$	62,614	$	62,294	$	248,760
Interest expense		19,497		21,421		19,482		18,406		78,806
Net interest income		41,047		41,887		43,132		43,888		169,954
Provision for credit losses		540		1,231		172		694		2,637
Noninterest income		8,465		9,131		13,982		10,198		41,776
Noninterest expense		32,945		32,282		32,694		31,673		129,594
Income before taxes on income		16,027		17,505		24,248		21,719		79,499
Taxes on income		4,768		5,095		6,892		6,505		23,260
Net income	$	11,259	$	12,410	$	17,356	$	15,214	$	56,239
Income per share
Basic	$	0.25	$	0.28	$	0.39	$	0.34	$	1.26
Diluted	$	0.25	$	0.28	$	0.39	$	0.34	$	1.25