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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest and dividend income:    
Loans, including fees $ 56,258 $ 54,398
Investments:    
Taxable securities 8,211 10,555
Tax exempt securities 904 1,073
Dividends 361 360
Interest bearing cash at Federal Reserve and other banks 783 1,071
Total interest and dividend income 66,517 67,457
Interest expense:    
Deposits 2,551 2,719
Other borrowings 5 13
Junior subordinated debt 769 855
Total interest expense 3,325 3,587
Net interest income 63,192 63,870
Provision for (reversal of) credit losses 8,000 (1,600)
Net interest income after credit loss provision (reversal) 55,192 65,470
Non-interest income:    
Service charges and fees 9,126 9,070
Gain on sale of loans 891 412
Gain on sale of investment securities 0 0
Asset management and commission income 916 642
Increase in cash value of life insurance 720 775
Other 167 904
Total non-interest income 11,820 11,803
Non-interest expense:    
Salaries and related benefits 27,272 25,128
Other 17,547 20,324
Total non-interest expense 44,819 45,452
Income before provision for income taxes 22,193 31,821
Provision for income taxes 6,072 9,095
Net income $ 16,121 $ 22,726
Per share data:    
Basic earnings per share (in USD per share) $ 0.53 $ 0.75
Diluted earnings per share (in USD per share) 0.53 0.74
Dividend per share (in USD per share) $ 0.22 $ 0.19