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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest Income        
Interest and fees on loans $ 37,718 $ 43,174 $ 79,053 $ 85,453
Interest and dividends on investment securities:        
Taxable 5,718 5,732 11,589 11,421
Tax-exempt 821 755 1,528 1,534
Interest on deposits in depository institutions 55 577 360 763
Total Interest Income 44,312 50,238 92,530 99,171
Interest Expense        
Interest on deposits 5,963 8,417 13,201 16,184
Interest on short-term borrowings 279 863 743 1,915
Interest on long-term debt 0 47 100 95
Total Interest Expense 6,242 9,327 14,044 18,194
Net Interest Income 38,070 40,911 78,486 80,977
Provision for (recovery of) credit losses 1,250 (600) 9,222 (1,449)
Net Interest Income After Provision for (Recovery of) Credit Losses 36,820 41,511 69,264 82,426
Non-Interest Income        
(Losses) gains on sale of investment securities, net (6) 21 56 109
Unrealized gains (losses) recognized on equity securities still held 242 113 (2,159) 188
Bank owned  life insurance 848 1,132 2,523 2,148
Sale of VISA shares 0 0 17,837 0
Other income 783 1,560 2,318 2,374
Total Non-Interest Income 14,631 17,825 47,975 33,750
Non-Interest Expense        
Salaries and employee benefits 14,873 15,767 30,724 31,010
Occupancy related expense 2,402 2,598 4,890 5,330
Equipment and software related expense 2,504 2,223 4,933 4,414
FDIC insurance expense 167 347 167 638
Advertising 933 920 1,776 1,789
Bankcard expenses 1,498 1,534 2,933 2,716
Postage, delivery, and statement mailings 592 545 1,208 1,169
Office supplies 353 399 747 785
Legal and professional fees 589 605 1,190 1,126
Telecommunications 531 597 1,042 1,323
Repossessed asset losses, net of expenses 76 253 274 469
Merger related costs 0 547 0 797
Other expenses 3,950 4,437 8,052 8,617
Total Non-Interest Expense 28,468 30,772 57,936 60,183
Income Before Income Taxes 22,983 28,564 59,303 55,993
Income tax expense 4,732 5,813 12,054 11,623
Net Income Available to Common Shareholders $ 18,251 $ 22,751 $ 47,249 $ 44,370
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]        
Average common shares outstanding, basic (in shares) 16,081 16,368 16,123 16,390
Effect of dilutive securities (in shares) 16 18 19 18
Average common shares outstanding, diluted (in shares) 16,097 16,386 16,142 16,408
Earnings Per Share [Abstract]        
Basic earnings per common share (in dollars per share) $ 1.12 $ 1.38 $ 2.90 $ 2.68
Diluted earnings per common share (in dollars per share) $ 1.12 $ 1.38 $ 2.90 $ 2.68
Service charges        
Non-Interest Income        
Revenue from contract with customer $ 4,945 $ 7,778 $ 12,667 $ 15,099
Bankcard revenue        
Non-Interest Income        
Revenue from contract with customer 5,888 5,522 11,003 10,491
Trust and investment management fee income        
Non-Interest Income        
Revenue from contract with customer $ 1,931 $ 1,699 $ 3,730 $ 3,341