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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income:      
Interest and fees on loans $ 141,552 $ 145,425 $ 165,519
Interest on mortgage loans held for sale 1,531 1,762 1,237
Taxable interest on debt securities 14,295 20,050 26,367
Nontaxable interest on debt securities 0 0 18
Dividends on Federal Home Loan Bank stock 436 2,240 2,855
Other interest income 181 459 1,667
Interest and dividend income 157,995 169,936 197,663
Interest expense:      
Deposits 12,390 25,812 37,101
Federal Home Loan Bank advances 3,800 15,806 26,168
Junior subordinated debentures 370 641 980
Other interest expense 0 233 0
Interest expense 16,560 42,492 64,249
Net interest income (expense) [1] 141,435 127,444 133,414
Provision for credit losses (4,822) 12,342 1,575
Net interest income after provision for credit losses 146,257 115,102 131,839
Noninterest income:      
Wealth management revenues [1] 41,282 35,454 36,848
Mortgage banking revenues [1] 28,626 47,377 14,795
Card interchange fees [1] 4,996 4,287 4,214
Service charges on deposit accounts [1] 2,683 2,742 3,684
Loan related derivative income [1] 4,342 3,991 3,993
Income from bank-owned life insurance [1] 2,925 2,491 2,354
Net realized losses on securities [1] 0 0 (53)
Other income [1] 2,540 3,100 1,245
Noninterest income [1] 87,394 99,442 67,080
Noninterest expense:      
Salaries and employee benefits 87,295 82,899 72,761
Outsourced services 13,296 11,894 10,598
Net occupancy 8,449 8,023 7,821
Equipment 3,905 3,831 4,081
Legal, audit and professional fees 2,859 3,747 2,535
FDIC deposit insurance costs 1,592 1,818 618
Advertising and promotion 1,843 1,469 1,534
Amortization of intangibles 890 914 943
Debt prepayment penalties 6,930 1,413 0
Other expenses 8,405 9,376 9,849
Noninterest expense 135,464 125,384 110,740
Income before income taxes 98,187 89,160 88,179
Income tax expense 21,317 19,331 19,061
Net income 76,870 69,829 69,118
Net income available to common shareholders $ 76,648 $ 69,678 $ 68,979
Weighted average common shares outstanding - basic 17,310 17,282 17,331
Weighted average common shares outstanding - diluted 17,455 17,402 17,414
Per share information:      
Basic earnings per common share (in dollars per share) $ 4.43 $ 4.03 $ 3.98
Diluted earnings per common share (in dollars per share) $ 4.39 $ 4.00 $ 3.96
[1] As reported in the Consolidated Statements of Income.