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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest Income      
Interest and fees on loans $ 212,693 $ 146,538 $ 136,676
Interest on investment securities:      
     Taxable 48,335 34,445 23,071
     Tax-exempt 3,854 4,911 5,027
Interest on deposits in depository institutions 6,382 3,794 693
          Total Interest Income 271,264 189,688 165,467
Interest Expense      
Interest on deposits 37,287 7,444 9,405
Interest on short-term borrowings 12,027 2,211 489
Interest on FHLB long-term advances 2,709 0 0
          Total Interest Expense 52,023 9,655 9,894
          Net Interest Income 219,241 180,033 155,573
Provision for (recovery of) credit losses 3,243 474 (3,165)
          Net Interest Income After Provision for (Recovery of) Credit Losses 215,998 179,559 158,738
Non-Interest Income      
Net (losses) gains on sale of investment securities (4,908) 4 312
Unrealized (losses) gains recognized on equity securities still held 432 (1,585) 504
Revenue 69,068 68,099 64,930
Bank owned  life insurance 6,037 5,559 3,895
          Total Non-Interest Income 70,629 72,077 69,641
Non-Interest Expense      
Salaries and employee benefits 73,163 66,536 61,850
Occupancy related expenses 11,318 10,718 10,083
Equipment and software related expenses 11,629 11,791 10,486
FDIC insurance expense 2,922 1,673 1,583
Advertising 3,112 3,405 3,091
Bankcard expenses 7,447 6,032 6,455
Postage, delivery, and statement mailings 2,526 2,362 2,323
Office supplies 1,945 1,744 1,547
Legal and professional fees 2,035 2,194 2,279
Telecommunications 2,411 2,616 2,858
Repossessed asset losses (gains), net of expenses 28 59 (57)
Merger related costs 5,150 268 0
Other expenses 19,835 14,904 14,687
          Total Non-Interest Expense 143,521 124,302 117,185
          Income Before Income Taxes 143,106 127,334 111,194
Income tax expense 28,741 25,263 23,114
          Net Income Available to Common Shareholders $ 114,365 $ 102,071 $ 88,080
Average shares outstanding, basic 14,868 14,847 15,381
Effect of dilutive securities 23 26 26
Average shares outstanding, diluted 14,891 14,873 15,407
Basic earnings per common share $ 7.62 $ 6.81 $ 5.67
Diluted earnings per common share $ 7.61 $ 6.80 $ 5.66
Service charges      
Non-Interest Income      
Revenue $ 27,751 $ 28,335 $ 25,539
Bankcard revenue      
Non-Interest Income      
Revenue 27,960 27,349 26,987
Trust and investment management fee income      
Non-Interest Income      
Revenue 9,563 8,798 8,415
Other income      
Non-Interest Income      
Revenue $ 3,794 $ 3,617 $ 3,989