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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
INTEREST AND DIVIDEND INCOME:      
Loans, including related fees $ 128,000 $ 137,241 $ 124,788
Securities:      
Taxable 13,998 13,625 15,191
Tax-exempt 8,762 7,952 7,674
Other 1,438 1,667 1,468
TOTAL INTEREST AND DIVIDEND INCOME 152,198 160,485 149,121
INTEREST EXPENSE:      
Interest Expense, Deposits 8,158 12,801 15,711
Short-term borrowings 387 568 1,105
Other borrowings 252 770 653
TOTAL INTEREST EXPENSE 8,797 14,139 17,469
NET INTEREST INCOME 143,401 146,346 131,652
Provision for credit loss expense 2,466 10,528 4,700
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 140,935 135,818 126,952
Trust And Financial Services Revenue 5,255 5,423 5,036
Service Charges And Fees On Deposit Accounts 10,089 10,256 11,795
Service Charges And Fees, Other 18,212 15,644 14,012
NON-INTEREST INCOME:      
Securities gain (loss), net 114 233 44
Insurance commissions 162 158 133
Gain on sale of mortgage loans 5,003 6,626 2,573
Other 3,249 4,136 4,859
TOTAL NON-INTEREST INCOME 42,084 42,476 38,452
Labor and Related Expense 64,474 61,931 54,827
NON-INTEREST EXPENSES:      
Occupancy expense 8,774 8,202 7,600
Equipment expense 10,174 10,568 8,244
Federal Deposit Insurance 1,294 316 693
Other 32,690 31,741 33,041
TOTAL NON-INTEREST EXPENSE 117,406 112,758 104,405
INCOME BEFORE INCOME TAXES 65,613 65,536 60,999
Provision for income taxes 12,626 11,692 12,127
NET INCOME 52,987 53,844 48,872
OTHER COMPREHENSIVE INCOME      
Change in unrealized gains/losses on securities, net of reclassifications and taxes (18,488) 19,269 20,998
Change in funded status of post-retirement benefits, net of taxes 6,298 (2,004) (5,045)
COMPREHENSIVE INCOME $ 40,797 $ 71,109 $ 64,825
EARNINGS PER SHARE:      
BASIC AND DILUTED (in dollars per share) $ 4.02 $ 3.93 $ 3.80
Weighted average number of shares outstanding (in shares) 13,190 13,716 12,865