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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest, fee and dividend income        
Interest and fees on loans $ 72,817 $ 74,998 $ 222,705 $ 230,996
Securities available for sale 5,898 5,603 17,204 16,956
Securities held to maturity 2,976 3,734 9,454 11,751
Other 524 659 1,206 2,138
Total interest, fee and dividend income 82,215 84,994 250,569 261,841
Interest expense        
Deposits 2,548 4,267 8,582 18,183
Short-term borrowings 28 446 130 3,215
Long-term debt 89 398 301 1,184
Subordinated debt 1,359 1,375 4,077 1,503
Junior subordinated debt 517 565 1,572 2,186
Total interest expense 4,541 7,051 14,662 26,271
Net interest income 77,674 77,943 235,907 235,570
Provision for loan losses (3,342) 3,261 (11,354) 51,741
Net interest income after provision for loan losses 81,016 74,682 247,261 183,829
Noninterest income        
Service charges on deposit accounts 3,489 3,087 9,544 9,613
ATM and debit card fees 8,172 7,194 23,343 19,184
Retirement plan administration fees 10,495 9,685 30,372 26,840
Wealth management fees 8,783 7,695 25,099 21,791
Insurance services 3,720 3,742 10,689 11,303
Bank owned life insurance income 1,548 1,255 4,588 4,010
Net securities (losses) gains (100) 84 568 (548)
Other 4,222 4,985 12,480 15,968
Total noninterest income 40,329 37,727 116,683 108,161
Noninterest expense        
Salaries and employee benefits 44,190 40,451 128,462 120,918
Occupancy 5,117 5,294 16,281 16,354
Data processing and communications 3,881 4,058 13,039 12,370
Professional fees and outside services 3,784 3,394 11,403 10,694
Equipment 5,577 5,073 16,247 14,494
Office supplies and postage 1,364 1,530 4,478 4,621
FDIC expense 772 645 2,243 1,949
Advertising 583 530 1,502 1,461
Amortization of intangible assets 663 856 2,157 2,573
Loan collection and other real estate owned, net 706 620 1,959 2,365
Other 6,232 3,857 14,405 14,730
Total noninterest expense 72,869 66,308 212,176 202,529
Income before income tax expense 48,476 46,101 151,768 89,461
Income tax expense 11,043 10,988 34,193 19,267
Net income $ 37,433 $ 35,113 $ 117,575 $ 70,194
Earnings per share        
Basic (in dollars per share) $ 0.86 $ 0.80 $ 2.71 $ 1.61
Diluted (in dollars per share) $ 0.86 $ 0.80 $ 2.69 $ 1.60