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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income:      
Interest and fees on loans $ 126,825 $ 105,772 $ 82,670
Taxable 15,662 13,070 11,708
Exempt from federal income tax 5,381 5,167 4,774
Interest on certificates of deposit investments 137 66 50
Interest on federal funds sold 14 8 62
Interest on deposits with other financial institutions 1,702 482 291
Total interest income 149,721 124,565 99,555
Interest expense:      
Interest on deposits 18,939 8,571 3,995
Interest on securities sold under agreements to repurchase 911 330 181
Interest on FHLB borrowings 2,706 2,071 883
Interest on other borrowings 15 446 496
Interest on subordinated debentures 1,476 1,409 927
Total interest expense 24,047 12,827 6,482
Net interest income 125,674 111,738 93,073
Provision for loan losses 6,433 8,667 7,462
Net interest income after provision for loan losses 119,241 103,071 85,611
Other income:      
Wealth management revenues 15,570 8,460 5,905
Insurance commissions 16,029 5,592 3,872
Service charges 7,837 7,435 6,920
Securities gains, net 802 901 616
Mortgage banking revenue, net 1,746 1,205 1,184
ATM / debit card revenue 8,491 7,487 6,495
Bank owned life insurance 1,755 1,389 1,638
Other income (3,787) (2,945) (3,706)
Total other income 56,017 35,414 30,336
Other expense:      
Salaries and employee benefits 62,578 46,803 39,756
Net occupancy and equipment expense 17,680 14,533 12,596
Net other real estate owned expense 443 282 560
Amortization of intangible assets 219 1,059 905
Amortization of intangible assets 5,848 3,215 2,153
Stationery and supplies 1,104 963 724
Legal and professional 5,164 5,243 3,887
Marketing and donations 2,031 1,794 1,356
ATM / debit card expense 3,488 2,971 2,393
Other expense 13,437 13,117 9,891
Total other expense 111,992 89,980 74,221
Income before income taxes 63,266 48,505 41,726
Income taxes 15,323 11,905 15,042
Net income 47,943 36,600 26,684
Net income $ 47,943 $ 36,600 $ 26,684
Per share data:      
Basic net income per common share $ 2.88 $ 2.53 $ 2.13
Diluted earnings per common share 2.87 2.52 2.13
Cash dividends declared per common share $ 0.76 $ 0.70 $ 0.66