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Consolidated Condensed Statements Of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Interest and dividend income:        
Interest and fees on loans $ 115,318,000 $ 96,428,000 $ 226,529,000 $ 188,042,000
Interest and dividends on:        
Obligations of U.S. Government, its agencies and other securities 10,950,000 13,431,000 22,849,000 26,410,000
Interest Income, Securities, State and Municipal 1,382,000 2,906,000 2,792,000 5,818,000
Other interest income 1,254,000 1,909,000 3,374,000 5,305,000
Total interest and dividend income 128,904,000 114,674,000 255,544,000 225,575,000
Interest on deposits:        
Demand and savings deposits 20,370,000 18,068,000 40,225,000 32,280,000
Time deposits 7,525,000 1,966,000 14,863,000 3,313,000
Interest on borrowings:        
Short-term borrowings 811,000 728,000 2,275,000 1,552,000
Long-term debt 2,361,000 2,340,000 4,721,000 4,660,000
Total interest expense 31,067,000 23,102,000 62,084,000 41,805,000
Net interest income 97,837,000 91,572,000 193,460,000 183,770,000
Provision for credit losses 3,113,000 2,492,000 5,293,000 2,675,000
Net interest income after provision for credit losses 94,724,000 89,080,000 188,167,000 181,095,000
Noninterest Income [Abstract]        
Debit card fee income 6,580,000 6,830,000 12,823,000 13,287,000
Bank owned life insurance income 1,565,000 1,332,000 4,194,000 2,517,000
ATM Fees 458,000 553,000 954,000 1,086,000
Debt Securities, Available-for-Sale, Gain (Loss) 0 0 (398,000) 0
Loss on equity securities, net 358,000 25,000 (329,000) (380,000)
Other components of net periodic benefit income 2,204,000 1,893,000 4,408,000 3,786,000
Other 1,781,000 886,000 2,840,000 2,057,000
Total other income 28,794,000 25,015,000 54,994,000 49,402,000
Other expense:        
Salaries and employee benefits 35,954,000 33,649,000 71,687,000 68,520,000
Employee Benefits and Share-based Compensation 9,873,000 10,538,000 21,433,000 21,354,000
Occupancy expense 2,975,000 3,214,000 6,156,000 6,567,000
Furniture and equipment expense 2,454,000 3,103,000 5,037,000 6,349,000
Data processing fees 9,542,000 9,582,000 18,350,000 18,332,000
Professional fees and services 6,022,000 7,365,000 12,839,000 14,586,000
Marketing 1,164,000 1,239,000 2,905,000 2,558,000
Insurance 1,777,000 1,960,000 3,495,000 3,774,000
Communication 1,002,000 1,045,000 2,038,000 2,082,000
Excise and Sales Taxes 1,129,000 1,096,000 2,239,000 2,374,000
Amortization of Intangible Assets 320,000 328,000 640,000 655,000
Other expense 2,977,000 2,766,000 5,598,000 5,237,000
Total other expense 75,189,000 75,885,000 152,417,000 152,388,000
Income before income taxes 48,329,000 38,210,000 90,744,000 78,109,000
Income taxes 8,960,000 6,626,000 16,171,000 12,792,000
Net income $ 39,369,000 $ 31,584,000 $ 74,573,000 $ 65,317,000
Net income available to common shareholders        
Basic $ 2.44 $ 1.95 $ 4.62 $ 4.03
Diluted $ 2.42 $ 1.94 $ 4.60 $ 4.01
Weighted average common shares outstanding        
Basic 16,149,523 16,165,119 16,133,183 16,203,736
Diluted 16,239,617 16,240,600 16,215,342 16,282,693
Quarterly Dividend        
Weighted average common shares outstanding        
Cash dividends declared $ 1.06 $ 1.05 $ 2.12 $ 2.10
Fiduciary and Trust [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 10,728,000 $ 8,816,000 $ 20,752,000 $ 17,431,000
Deposit Account [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax 2,214,000 2,041,000 4,320,000 4,282,000
Bank Servicing [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 2,906,000 $ 2,639,000 $ 5,430,000 $ 5,336,000