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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest, fee and dividend income        
Interest and fees on loans $ 78,539 $ 74,795 $ 151,882 $ 149,888
Securities available for sale 7,317 5,762 14,157 11,306
Securities held to maturity 4,185 3,096 7,678 6,478
Other 1,442 391 1,967 682
Total interest, fee and dividend income 91,483 84,044 175,684 168,354
Interest expense        
Deposits 1,756 2,862 3,598 6,034
Short-term borrowings 13 32 29 102
Long-term debt 33 88 120 212
Subordinated debt 1,359 1,359 2,718 2,718
Junior subordinated debt 737 525 1,286 1,055
Total interest expense 3,898 4,866 7,751 10,121
Net interest income 87,585 79,178 167,933 158,233
Provision for loan losses 4,390 (5,216) 4,986 (8,012)
Net interest income after provision for loan losses 83,195 84,394 162,947 166,245
Noninterest income        
Service charges on deposit accounts 3,763 3,028 7,451 6,055
Card services income 9,751 9,184 18,446 16,733
Retirement plan administration fees 12,676 9,779 25,955 19,877
Wealth management 8,252 8,406 16,892 16,316
Insurance services 3,578 3,508 7,366 6,969
Bank owned life insurance income 1,411 1,659 3,065 3,040
Net securities (losses) gains (587) 201 (766) 668
Other 2,812 3,551 5,906 6,696
Total noninterest income 41,656 39,316 84,315 76,354
Noninterest expense        
Salaries and employee benefits 46,716 42,671 92,224 84,272
Technology and data services 8,945 8,841 17,492 17,733
Occupancy 6,487 6,370 13,280 13,259
Professional fees and outside services 3,906 4,030 8,182 7,619
Office supplies and postage 1,548 1,615 2,972 3,114
FDIC expense 810 663 1,612 1,471
Advertising 730 468 1,384 919
Amortization of intangible assets 545 682 1,181 1,494
Loan collection and other real estate owned, net 757 663 1,141 1,253
Other 5,675 5,416 8,794 8,173
Total noninterest expense 76,119 71,419 148,262 139,307
Income before income tax expense 48,732 52,291 99,000 103,292
Income tax expense 10,957 11,995 22,099 23,150
Net income $ 37,775 $ 40,296 $ 76,901 $ 80,142
Earnings per share        
Basic (in dollars per share) $ 0.88 $ 0.93 $ 1.79 $ 1.84
Diluted (in dollars per share) $ 0.88 $ 0.92 $ 1.78 $ 1.83