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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest and dividend income:    
Loans, including fees $ 57,745 $ 60,436
Investments:    
Taxable securities 9,962 6,177
Tax exempt securities 942 923
Dividends 261 217
Interest bearing cash at Federal Reserve and other banks 285 163
Total interest and dividend income 69,195 67,916
Interest expense:    
Deposits 678 937
Other borrowings 5 4
Junior subordinated debt 588 535
Total interest expense 1,271 1,476
Net interest income 67,924 66,440
Provision for (reversal of) credit losses 8,330 (6,060)
Net interest income after credit loss provision (reversal) 59,594 72,500
Non-interest income:    
Service charges and fees 11,696 10,476
Gain on sale of loans 1,246 3,247
Gain on sale of investment securities 0 0
Asset management and commission income 887 834
Increase in cash value of life insurance 638 673
Other 629 880
Total non-interest income 15,096 16,110
Non-interest expense:    
Salaries and related benefits 28,597 25,330
Other 17,850 16,288
Total non-interest expense 46,447 41,618
Income before provision for income taxes 28,243 46,992
Provision for income taxes 7,869 13,343
Net income $ 20,374 $ 33,649
Per share data:    
Basic earnings per share (in USD per share) $ 0.68 $ 1.13
Diluted earnings per share (in USD per share) 0.67 1.13
Dividend per share (in USD per share) $ 0.25 $ 0.25