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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income:      
Interest and fees on loans $ 185,869,000 $ 159,684,000 $ 126,814,000
Interest on investment securities      
Taxable 20,595,000 15,598,000 11,449,000
Exempt from federal income tax 8,785,000 7,318,000 5,517,000
Interest on certificates of deposit investments 37,000 56,000 84,000
Interest on federal funds sold 113,000 0 3,000
Interest on deposits with other financial institutions 492,000 357,000 274,000
Total interest income 215,891,000 183,013,000 144,141,000
Interest expense:      
Interest on deposits 18,813,000 9,037,000 12,751,000
Interest on securities sold under agreements to repurchase 1,795,000 231,000 488,000
Interest on FHLB borrowings 6,184,000 1,514,000 1,851,000
Interest on other borrowings 9,000 0 26,000
Interest on junior subordinated debentures 868,000 541,000 682,000
Interest on subordinated debt 3,945,000 3,939,000 931,000
Total interest expense 31,614,000 15,262,000 16,729,000
Net interest income 184,277,000 167,751,000 127,412,000
Provision for loan losses 4,806,000 15,151,000 16,103,000
Net interest income after provision for loan losses 179,471,000 152,600,000 111,309,000
Other income:      
Wealth management revenues 22,492,000 20,407,000 16,153,000
Insurance commissions 21,622,000 18,927,000 17,477,000
Service charges 9,112,000 6,808,000 5,862,000
Securities gains, net 33,000 124,000 1,106,000
Mortgage banking revenue, net 1,190,000 4,718,000 5,075,000
ATM / debit card revenue 12,422,000 11,974,000 8,962,000
Bank owned life insurance 3,559,000 3,039,000 1,730,000
Other income 4,252,000 3,770,000 3,155,000
Total other income 74,682,000 69,767,000 59,520,000
Other expense:      
Salaries and employee benefits 98,594,000 89,660,000 66,452,000
Net occupancy and equipment expense 24,257,000 21,546,000 16,708,000
Net other real estate owned expense 330,000 3,866,000 42,000
FDIC insurance expense 1,805,000 1,604,000 1,309,000
Amortization of intangible assets 6,290,000 5,391,000 5,062,000
Stationery and supplies 1,295,000 1,161,000 1,080,000
Legal and professional 6,996,000 6,730,000 5,427,000
ATM / debit card expense 4,300,000 3,116,000 2,290,000
Marketing and donations 2,999,000 3,603,000 1,616,000
Other expense 15,995,000 18,902,000 11,101,000
Total other expense 162,861,000 155,579,000 111,087,000
Income before income taxes 91,292,000 66,788,000 59,742,000
Income taxes 18,340,000 15,298,000 14,472,000
Net income $ 72,952,000 $ 51,490,000 $ 45,270,000
Per share data:      
Basic net income per common share $ 3.62 $ 2.88 $ 2.71
Diluted net income per common share 3.60 2.87 2.70
Cash dividends declared per common share $ 0.90 $ 0.85 $ 0.81