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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest income:    
Interest and fees on loans, including loans held for sale $ 40,689 $ 40,465
Interest and dividends on securities    
Taxable 2,575 3,046
Tax exempt 739 527
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 124 140
Interest on Federal Reserve Bank deposits 76 496
Other, including interest on federal funds sold 8 25
Total interest income 44,211 44,699
Interest expense:    
Interest on deposits 3,387 6,942
Interest on repurchase agreements and federal funds purchased 304 1,004
Interest on long-term debt 278 509
Total interest expense 3,969 8,455
Net interest income 40,242 36,244
Provision for credit losses (2,499) 12,707
Net interest income after provision for credit losses 42,741 23,537
Noninterest income:    
Service charges on deposit accounts 6,022 5,916
Gains on sales of loans, net 2,433 483
Trust and wealth management income 2,951 2,884
Loan related fees 2,270 95
Bank owned life insurance 573 573
Brokerage revenue 457 372
Securities gains (losses) (168) 249
Other noninterest income 1,039 949
Total noninterest income 15,577 11,521
Noninterest expense:    
Officer salaries and employee benefits 3,738 2,751
Other salaries and employee benefits 13,095 12,280
Occupancy, net 2,195 1,985
Equipment 633 721
Data processing 2,159 1,978
Bank franchise tax 360 1,812
Legal fees 352 477
Professional fees 541 569
Advertising and marketing 722 634
FDIC insurance 326 147
Other real estate owned provision and expense 318 869
Repossession expense 199 135
Amortization of limited partnership investments 837 888
Other noninterest expense 2,835 2,975
Total noninterest expense 28,310 28,221
Income before income taxes 30,008 6,837
Income taxes 6,390 258
Net income 23,618 6,579
Unrealized holding gains (losses) on debt securities available-for-sale:    
Unrealized holding gains (losses) arising during the period (13,456) 2,147
Less: Reclassification adjustments for realized gains on debt securities included in net income 60 481
Tax expense (benefit) (3,514) 433
Other comprehensive income (loss), net of tax (10,002) 1,233
Comprehensive income $ 13,616 $ 7,812
Basic earnings per share (in dollars per share) $ 1.33 $ 0.37
Diluted earnings per share (in dollars per share) $ 1.33 $ 0.37
Weighted average shares outstanding-basic (in shares) 17,774 17,752
Weighted average shares outstanding-diluted (in shares) 17,787 17,763