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Consolidated Condensed Statements Of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest and dividend income:        
Interest and fees on loans $ 77,787,000 $ 81,176,000 $ 150,203,000 $ 159,913,000
Interest and dividends on:        
Obligations of U.S. Government, its agencies and other securities 7,624,000 4,600,000 13,754,000 8,856,000
Interest Income, Securities, State and Municipal 2,676,000 2,032,000 5,123,000 4,069,000
Other interest income 260,000 186,000 413,000 329,000
Total interest and dividend income 88,347,000 87,994,000 169,493,000 173,167,000
Interest on deposits:        
Demand and savings deposits 1,333,000 401,000 1,684,000 787,000
Time deposits 708,000 1,285,000 1,428,000 2,869,000
Interest on borrowings:        
Short-term borrowings 190,000 182,000 434,000 365,000
Long-term debt 2,177,000 2,275,000 4,322,000 4,561,000
Total interest expense 4,408,000 4,143,000 7,868,000 8,582,000
Net interest income 83,939,000 83,851,000 161,625,000 164,585,000
Recovery of credit losses 2,991,000 (4,040,000) (1,614,000) (8,895,000)
Net interest income after provision for credit losses 80,948,000 87,891,000 163,239,000 173,480,000
Noninterest Income [Abstract]        
Debit card fee income 6,731,000 6,758,000 12,857,000 12,844,000
Bank owned life insurance income 2,374,000 1,149,000 3,549,000 2,314,000
ATM Fees 583,000 655,000 1,115,000 1,185,000
Gain on equity securities, net 709,000 467,000 3,062,000 2,277,000
Other components of net periodic benefit income 3,027,000 2,038,000 6,054,000 4,076,000
Other 1,407,000 2,411,000 4,160,000 5,027,000
Total other income 31,193,000 31,238,000 62,849,000 65,327,000
Other expense:        
Salaries and employee benefits 31,052,000 30,303,000 61,573,000 60,199,000
Employee Benefits and Share-based Compensation 10,199,000 10,056,000 20,698,000 20,257,000
Occupancy expense 3,040,000 3,027,000 6,254,000 6,667,000
Furniture and equipment expense 2,934,000 2,756,000 5,871,000 5,366,000
Data processing fees 8,416,000 7,150,000 15,920,000 14,862,000
Professional fees and services 6,775,000 6,973,000 12,633,000 12,637,000
Marketing 1,019,000 1,290,000 2,336,000 2,781,000
Insurance 1,245,000 1,276,000 2,650,000 2,967,000
Communication 935,000 770,000 1,825,000 1,892,000
Excise and Sales Taxes 1,167,000 1,103,000 2,359,000 2,211,000
Amortization of Intangible Assets 403,000 479,000 805,000 958,000
Foundation contribution expense 0 4,000,000 0 4,000,000
Other expense 2,863,000 2,217,000 4,497,000 4,468,000
Total other expense 70,048,000 71,400,000 137,421,000 139,265,000
Income before income taxes 42,093,000 47,729,000 88,667,000 99,542,000
Income taxes 7,769,000 8,597,000 15,468,000 17,579,000
Net income $ 34,324,000 $ 39,132,000 $ 73,199,000 $ 81,963,000
Net income available to common shareholders        
Basic $ 2.11 $ 2.39 $ 4.51 $ 5.02
Diluted $ 2.10 $ 2.38 $ 4.48 $ 4.98
Weighted average common shares outstanding        
Basic 16,249,307 16,340,690 16,234,598 16,327,838
Diluted 16,361,246 16,472,800 16,346,141 16,455,673
Quarterly Dividend        
Weighted average common shares outstanding        
Cash dividends declared $ 1.04 $ 1.03 $ 2.08 $ 2.06
Special Dividend        
Weighted average common shares outstanding        
Cash dividends declared $ 0 $ 0 $ 0 $ 200
Fiduciary and Trust [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 8,859,000 $ 8,569,000 $ 17,656,000 $ 16,742,000
Deposit Account [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax 2,563,000 2,032,000 4,637,000 4,086,000
Bank Servicing [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 4,940,000 $ 7,159,000 $ 9,759,000 $ 16,776,000