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Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Interest Income        
Interest and fees on loans $ 52,352,000 $ 33,208,000 $ 99,356,000 $ 65,082,000
Interest and dividends on investment securities:        
Taxable 11,794,000 7,547,000 23,567,000 13,770,000
Tax-exempt 950,000 1,205,000 2,112,000 2,421,000
Interest on deposits in depository institutions 2,585,000 782,000 4,176,000 1,020,000
Total Interest Income 67,681,000 42,742,000 129,211,000 82,293,000
Interest Expense        
Interest on deposits 8,567,000 1,328,000 14,257,000 2,849,000
Interest on customer repurchase agreements 2,963,000 124,000 5,344,000 238,000
Interest on FHLB long-term advances 649,000 0 649,000 0
Total Interest Expense 12,179,000 1,452,000 20,250,000 3,087,000
Net Interest Income 55,502,000 41,290,000 108,961,000 79,206,000
Provision for (recovery of) credit losses 425,000 0 3,343,000 (756,000)
Net Interest Income After Provision for (Recovery of) Credit Losses 55,077,000 41,290,000 105,618,000 79,962,000
Non-Interest Income        
Gains on sale of investment securities, net 0 0 773,000 0
Unrealized gains (losses) recognized on equity securities still held, net (294,000) (601,000) 67,000 (1,324,000)
Bank owned  life insurance 3,208,000 978,000 4,012,000 2,992,000
Other income 952,000 1,243,000 2,278,000 2,034,000
Total Non-Interest Income 20,301,000 17,849,000 38,983,000 35,297,000
Non-Interest Expense        
Salaries and employee benefits 18,429,000 16,413,000 36,102,000 31,990,000
Occupancy related expense 2,811,000 2,620,000 5,451,000 5,329,000
Equipment and software related expense 2,883,000 2,732,000 5,975,000 5,501,000
FDIC insurance expense 690,000 409,000 1,135,000 844,000
Advertising 974,000 951,000 1,734,000 1,749,000
Bankcard expenses 1,736,000 1,665,000 3,245,000 3,271,000
Postage, delivery, and statement mailings 596,000 551,000 1,243,000 1,187,000
Office supplies 591,000 427,000 1,011,000 837,000
Legal and professional fees 558,000 525,000 1,028,000 1,052,000
Telecommunications 623,000 754,000 1,229,000 1,338,000
Repossessed asset losses (gains), net of expenses 22,000 (32,000) 38,000 8,000
Merger related expenses 0 0 5,645,000 0
Other expenses 4,848,000 3,674,000 9,548,000 7,110,000
Total Non-Interest Expense 34,761,000 30,689,000 73,384,000 60,216,000
Income Before Income Taxes 40,617,000 28,450,000 71,217,000 55,043,000
Income tax expense 7,884,000 5,767,000 14,143,000 11,018,000
Net Income Available to Common Shareholders $ 32,733,000 $ 22,683,000 $ 57,074,000 $ 44,025,000
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]        
Average shares outstanding, basic (in shares) 14,994 14,888 14,897 14,930
Effect of dilutive securities (in shares) 18 21 22 24
Average shares outstanding, diluted (in shares) 15,012 14,909 14,919 14,954
Earnings Per Share [Abstract]        
Basic earnings per common share (in dollars per share) $ 2.16 $ 1.51 $ 3.80 $ 2.92
Diluted earnings per common share (in dollars per share) $ 2.16 $ 1.51 $ 3.79 $ 2.92
Service charges        
Non-Interest Income        
Revenue from contract with customer $ 6,906,000 $ 7,067,000 $ 13,469,000 $ 13,792,000
Bankcard revenue        
Non-Interest Income        
Revenue from contract with customer 7,190,000 7,062,000 13,793,000 13,506,000
Trust and investment management fee income        
Non-Interest Income        
Revenue from contract with customer $ 2,339,000 $ 2,100,000 $ 4,591,000 $ 4,297,000