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Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest Income      
Interest and fees on loans $ 134,000 $ 143,399 $ 128,546
Taxable interest on investments 18,399 19,509 17,727
Nontaxable interest on investments 3,253 2,701 2,648
Dividend income 655 722 1,315
Other interest income 893 2,187 1,141
Total interest income 157,200 168,518 151,377
Interest Expense      
Interest on deposits 15,544 34,001 20,113
Interest on borrowings 1,837 3,621 7,456
Interest on subordinated debentures 3,512 3,266 3,415
Total interest expense 20,893 40,888 30,984
Net interest income 136,307 127,630 120,393
Provision for credit losses 12,418 2,861 847
Net interest income after provision for credit losses 123,889 124,769 119,546
Non-Interest Income      
Mortgage banking income, net 18,487 7,837 5,914
Brokerage and insurance commissions 2,832 2,625 2,615
Bank-owned life insurance 2,533 2,425 2,430
Customer loan swap fees 222 1,166 956
Net (loss) gain on sale of securities 0 (105) 275
Other income 3,184 4,170 3,290
Total non-interest income 50,490 42,113 38,176
Non-Interest Expenses      
Salaries and employee benefits 57,938 54,489 51,513
Furniture, equipment and data processing 11,756 10,881 10,359
Net occupancy costs 7,585 7,047 6,876
Consulting and professional fees 3,833 3,706 3,752
Debit card expense 3,753 3,613 3,180
Regulatory assessments 1,450 1,261 1,937
Amortization of core deposit intangible assets 682 705 725
Other real estate owned and collection costs, net 382 480 935
Other expenses 12,604 13,121 12,668
Total non-interest expense 99,983 95,303 91,945
Income before income tax expense 74,396 71,579 65,777
Income Tax Expense 14,910 14,376 12,706
Net income $ 59,486 $ 57,203 $ 53,071
Per Share Data      
Basic earnings per share $ 3.96 $ 3.70 $ 3.40
Diluted earnings per share $ 3.95 $ 3.69 $ 3.39
Weighted average number of common shares outstanding 14,985,235 15,407,289 15,571,387
Diluted weighted average number of common shares outstanding 15,023,767 15,453,022 15,626,303
Cash dividends declared, per share $ 1.32 $ 1.23 $ 1.15
Debit Card      
Non-Interest Income      
Revenue $ 10,420 $ 9,701 $ 9,067
Deposit Accounts      
Non-Interest Income      
Revenue 6,697 8,393 8,253
Fiduciary Services      
Non-Interest Income      
Revenue $ 6,115 $ 5,901 $ 5,376