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Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest Income      
Interest and fees on loans $ 144,709 $ 125,437 $ 134,000
Taxable interest on investments 23,339 18,869 18,399
Nontaxable interest on investments 3,096 3,001 3,253
Dividend income 531 412 655
Other interest income 1,113 765 893
Total interest income 172,788 148,484 157,200
Interest Expense      
Interest on deposits 20,305 7,920 15,544
Interest on borrowings 2,649 605 1,837
Interest on subordinated debentures 2,140 2,523 3,512
Total interest expense 25,094 11,048 20,893
Net interest income 147,694 137,436 136,307
Provision (credit) for credit losses 4,500 (3,190) 12,418
Net interest income after provision (credit) for credit losses 143,194 140,626 123,889
Non-Interest Income      
Mortgage banking income, net 4,221 13,704 18,487
Brokerage and insurance commissions 4,147 3,913 2,832
Bank-owned life insurance 1,901 2,364 2,533
Net loss on sale of securities (912) 0 0
Other income 4,011 3,507 3,406
Total non-interest income 40,702 49,735 50,490
Non-Interest Expenses      
Salaries and employee benefits 62,019 61,007 57,938
Furniture, equipment and data processing 13,043 12,247 11,756
Net occupancy costs 7,578 7,532 7,585
Debit card expense 4,602 4,313 3,753
Consulting and professional fees 4,073 3,691 3,833
Regulatory assessments 2,338 2,074 1,450
Amortization of core deposit intangible assets 625 655 682
Other real estate owned and collection costs (recoveries), net 29 (101) 382
Other expenses 12,542 12,302 12,604
Total non-interest expense 106,849 103,720 99,983
Income before income tax expense 77,047 86,641 74,396
Income Tax Expense 15,608 17,627 14,910
Net income $ 61,439 $ 69,014 $ 59,486
Per Share Data      
Basic earnings per share (in dollars per share) $ 4.18 $ 4.62 $ 3.96
Diluted earnings per share (in dollars per share) 4.17 4.60 3.95
Cash dividends declared, per share (in dollars per share) $ 1.62 $ 1.48 $ 1.32
Weighted average number of common shares outstanding 14,644,170 14,903,855 14,985,235
Diluted weighted average number of common shares outstanding 14,701,010 14,971,578 15,023,767
Debit Card      
Non-Interest Income      
Revenue $ 13,340 $ 13,105 $ 10,420
Deposit Accounts      
Non-Interest Income      
Revenue 7,587 6,626 6,697
Fiduciary Services      
Non-Interest Income      
Revenue $ 6,407 $ 6,516 $ 6,115