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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income:      
Interest and fees on loans $ 169,301 $ 141,552 $ 145,425
Interest on mortgage loans held for sale 1,165 1,531 1,762
Taxable interest on debt securities 21,827 14,295 20,050
Dividends on Federal Home Loan Bank stock 548 436 2,240
Other interest income 1,624 181 459
Interest and dividend income 194,465 157,995 169,936
Interest expense:      
Deposits 26,023 12,390 25,812
Federal Home Loan Bank advances 11,713 3,800 15,806
Junior subordinated debentures 739 370 641
Other interest expense 0 0 233
Interest expense 38,475 16,560 42,492
Net interest income (expense) [1] 155,990 141,435 127,444
Provision for credit losses (1,300) (4,822) 12,342
Net interest income after provision for credit losses 157,290 146,257 115,102
Noninterest income:      
Wealth management revenues [1] 38,746 41,282 35,454
Mortgage banking revenues [1] 8,733 28,626 47,377
Card interchange fees [1] 4,996 4,996 4,287
Service charges on deposit accounts [1] 3,192 2,683 2,742
Loan related derivative income [1] 2,756 4,342 3,991
Income from bank-owned life insurance [1] 2,591 2,925 2,491
Other income [1] 1,588 2,540 3,100
Noninterest income [1] 62,602 87,394 99,442
Noninterest expense:      
Salaries and employee benefits 83,804 87,295 82,899
Outsourced services 13,737 13,296 11,894
Net occupancy 9,126 8,449 8,023
Equipment 3,797 3,905 3,831
Legal, audit and professional fees 3,127 2,859 3,747
FDIC deposit insurance costs 1,687 1,592 1,818
Advertising and promotion 2,587 1,843 1,469
Amortization of intangibles 860 890 914
Debt prepayment penalties 0 6,930 1,413
Other expenses 9,997 8,405 9,376
Noninterest expense 128,722 135,464 125,384
Income before income taxes 91,170 98,187 89,160
Income tax expense 19,489 21,317 19,331
Net income 71,681 76,870 69,829
Net income available to common shareholders $ 71,479 $ 76,648 $ 69,678
Weighted average common shares outstanding - basic 17,246 17,310 17,282
Weighted average common shares outstanding - diluted 17,381 17,455 17,402
Per share information:      
Basic earnings per common share (in dollars per share) $ 4.14 $ 4.43 $ 4.03
Diluted earnings per common share (in dollars per share) $ 4.11 $ 4.39 $ 4.00
[1] As reported in the Consolidated Statements of Income.