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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest income:    
Interest and fees on loans $ 33,930 $ 34,159
Interest on mortgage loans held for sale 232 441
Taxable interest on debt securities 4,230 3,242
Dividends on Federal Home Loan Bank stock 67 133
Other interest income 78 33
Total interest and dividend income 38,537 38,008
Interest expense:    
Deposits 3,103 3,663
Federal Home Loan Bank advances 244 1,380
Junior subordinated debentures 99 94
Total interest expense 3,446 5,137
Net interest income [1] 35,091 32,871
Provision for credit losses 100 (2,000)
Net interest income after provision for credit losses 34,991 34,871
Noninterest income:    
Wealth management revenues [1] 10,531 9,895
Mortgage banking revenues [1] 3,501 11,927
Card interchange fees [1] 1,164 1,133
Service charges on deposit accounts [1] 668 609
Loan related derivative income [1] 301 467
Income from bank-owned life insurance [1] 601 556
Other income [1] 393 1,387
Total noninterest income [1] 17,159 25,974
Noninterest expense:    
Salaries and employee benefits 21,002 21,527
Outsourced services 3,242 3,200
Net occupancy 2,300 2,128
Equipment 918 994
Legal, audit and professional fees 770 597
FDIC deposit insurance costs 366 345
Advertising and promotion 351 222
Amortization of intangibles 217 226
Debt prepayment penalties 0 3,335
Other expenses 2,053 2,139
Total noninterest expense 31,219 34,713
Income (loss) before income taxes 20,931 26,132
Income tax expense 4,448 5,661
Net income 16,483 20,471
Net income available to common shareholders $ 16,429 $ 20,415
Weighted average common shares outstanding - basic 17,331 17,275
Weighted average common shares outstanding - diluted 17,482 17,431
Per share information:    
Basic earnings per common share $ 0.95 $ 1.18
Diluted earnings per common share $ 0.94 $ 1.17
[1] As reported in the Unaudited Consolidated Statements of Income.