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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income:      
Interest and fees on loans $ 143,340,000 $ 125,263,000 $ 103,043,000
Interest and dividends on taxable investment securities 23,205,000 23,132,000 20,415,000
Interest on tax-exempt investment securities 2,631,000 2,467,000 2,923,000
Other interest income 919,000 402,000 144,000
Total interest income 170,095,000 151,264,000 126,525,000
Interest expense:      
Interest on deposits 22,210,000 13,705,000 7,154,000
Interest on short-term borrowings 4,712,000 5,238,000 1,534,000
Interest on long-term borrowings 2,335,000 2,709,000 4,460,000
Total interest expense 29,257,000 21,652,000 13,148,000
Net interest income 140,838,000 129,612,000 113,377,000
Provision for loan losses 2,504,000 5,448,000 3,772,000
Net interest income after provision for loan losses 138,334,000 124,164,000 109,605,000
Non-interest income:      
Insurance income 14,802,000 14,812,000 14,204,000
Mortgage banking income 4,328,000 3,333,000 1,872,000
Bank owned life insurance income 2,430,000 1,955,000 1,950,000
Net gain (loss) on investment securities 164,000 (146,000) 2,983,000
Net loss on asset disposals and other transactions (782,000) (334,000) (63,000)
Other non-interest income (a) 2,565,000 2,655,000 1,865,000
Total non-interest income 64,274,000 56,754,000 55,573,000
Non-interest expense:      
Salaries and employee benefit costs 77,860,000 69,308,000 60,276,000
Net occupancy and equipment expense 12,431,000 11,272,000 10,633,000
Electronic banking expense 7,186,000 6,057,000 5,874,000
Professional fees 7,095,000 7,862,000 6,575,000
Data processing and software expense 6,332,000 5,419,000 4,441,000
Amortization of other intangible assets 3,359,000 3,338,000 3,516,000
Franchise tax expense 3,071,000 2,771,000 2,246,000
Marketing expense 2,291,000 1,962,000 1,714,000
Foreclosed real estate and other loan expenses 1,956,000 1,431,000 873,000
Communication expense 1,181,000 1,265,000 1,475,000
FDIC insurance expense 602,000 1,546,000 1,816,000
Other non-interest expense 13,886,000 13,746,000 8,536,000
Total non-interest expense 137,250,000 125,977,000 107,975,000
Income before income taxes 65,358,000 54,941,000 57,203,000
Income tax expense 11,663,000 8,686,000 18,732,000
Net income $ 53,695,000 $ 46,255,000 $ 38,471,000
Earnings per common share – basic $ 2.65 $ 2.42 $ 2.12
Earnings per common share – diluted $ 2.63 $ 2.41 $ 2.10
Weighted-average number of common shares outstanding – basic 20,120,119 18,991,768 18,050,189
Weighted-average number of common shares outstanding – diluted 20,273,725 19,122,260 18,208,684
Fiduciary and Trust [Member]      
Non-interest income:      
Revenue from contract with customer, including assessed tax $ 13,159,000 $ 12,543,000 $ 11,558,000
Credit and Debit Card [Member]      
Non-interest income:      
Revenue from contract with customer, including assessed tax 13,680,000 11,477,000 10,358,000
Deposit Account [Member]      
Non-interest income:      
Revenue from contract with customer, including assessed tax 11,700,000 9,778,000 9,614,000
Interest Rate Swap | transaction fee [Member]      
Non-interest income:      
Revenue from contract with customer, including assessed tax 2,228,000 681,000 1,232,000
Adjustments for New Accounting Pronouncement [Member]      
Non-interest expense:      
Income tax expense 700,000 700,000 $ 900,000
Fair value adjustment on equity investment securities $ (831,000) $ (207,000)