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Consolidated Condensed Statements Of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest and dividend income:        
Interest and fees on loans $ 84,213 $ 69,905 $ 238,687 $ 198,803
Interest and dividends on:        
Obligations of U.S. Government, its agencies and other securities 6,326 7,691 20,240 22,204
Interest Income, Securities, State and Municipal 2,225 2,205 6,750 6,557
Other interest income 1,825 428 2,994 1,070
Total interest and dividend income 94,589 80,229 268,671 228,634
Interest on deposits:        
Demand and savings deposits 9,649 6,412 25,553 13,809
Time deposits 4,694 3,328 12,828 8,765
Interest on borrowings:        
Short-term borrowings 478 288 1,977 1,283
Long-term debt 2,667 2,525 7,585 7,509
Total interest expense 17,488 12,553 47,943 31,366
Net interest income 77,101 67,676 220,728 197,268
Provision for loan losses 1,967 2,940 6,384 4,586
Net interest income after provision for loan losses 75,134 64,736 214,344 192,682
Noninterest Income [Abstract]        
Debit card fee income 5,313 4,352 14,909 12,736
Bank owned life insurance income 1,107 2,585 3,399 4,625
ATM Fees 482 500 1,382 1,534
OREO valuation adjustments (41) (77) (123) (398)
Gain on sale of OREO, net (53) (81) (224) 4,093
Gain (Loss) on Sale of Investments 186 0 (421) (2,271)
Gain on equity securities, net 3,335 89 5,309 4,633
Other components of net periodic benefit income 1,183 1,705 3,549 5,115
Other 2,658 2,466 5,493 5,164
Total other income 28,136 24,064 72,969 74,209
Other expense:        
Salaries and employee benefits 30,713 27,229 88,611 76,652
Employee Benefits and Share-based Compensation 10,389 7,653 27,833 22,312
Occupancy expense 3,226 2,976 9,460 8,482
Furniture and equipment expense 4,177 3,807 12,713 11,969
Data processing fees 2,935 2,580 7,973 6,255
Professional fees and services 6,702 8,065 22,814 20,378
Marketing 1,604 1,364 4,285 3,767
Insurance 276 1,388 2,813 4,012
Communication 1,387 1,207 4,095 3,646
Excise and Sales Taxes 746 1,000 2,805 3,063
Amortization of Intangible Assets 741 289 1,732 289
Other expense 2,842 1,758 7,623 5,333
Total other expense 65,738 59,316 192,757 166,158
Income before income taxes 37,532 29,484 94,556 100,733
Income taxes 6,386 4,722 15,792 16,607
Net income 31,146 24,762 78,764 84,126
Net income available to common shareholders $ 31,146 $ 24,762 $ 78,764 $ 84,126
Net income available to common shareholders        
Basic $ 1.90 $ 1.58 $ 4.86 $ 5.46
Diluted $ 1.89 $ 1.56 $ 4.84 $ 5.41
Weighted average common shares outstanding        
Basic 16,382,798 15,686,542 16,198,294 15,420,135
Diluted 16,475,741 15,832,734 16,287,695 15,560,666
Cash dividends declared $ 1.01 $ 0.96 $ 3.23 $ 3.11
Fiduciary and Trust [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 6,842 $ 6,418 $ 20,500 $ 19,479
Deposit Account [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax 2,864 2,861 8,078 8,609
Bank Servicing [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 4,260 $ 3,246 $ 11,118 $ 10,890