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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest Income      
Loans $ 223,047 $ 198,226 $ 176,654
Investment securities and other 11,947 7,723 6,407
Interest and Dividend Income, Operating 234,994 205,949 183,061
Interest Expense      
Deposits 45,570 27,957 20,595
Federal Home Loan Bank advances 0 3,985 1,516
Short-term borrowings and repurchase agreements 3,635 765 747
Subordinated debentures issued to capital trust 1,019 953 949
Subordinated notes 4,378 4,097 4,098
Interest Expense 54,602 37,757 27,905
Net Interest Income 180,392 168,192 155,156
Provision for Loan Losses 6,150 7,150 9,100
Net Interest Income After Provision for Loan Losses 174,242 161,042 146,056
Noninterest Income      
Commissions 889 1,137 1,041
Service charges and ATM fees 20,898 21,695 21,628
Net gains on loan sales 2,607 1,788 3,150
Net realized gains (losses) on sales of available-for-sale securities (62) 2 0
Late charges and fees on loans 1,432 1,622 2,231
Gain (loss) on derivative interest rate products (104) 25 28
Gain on sale of business units 0 7,414 0
Gain (loss) on termination of loss sharing agreements 0 0 7,705
Amortization of income/expense related to business acquisitions 0 0 (486)
Other income 5,297 2,535 3,230
Noninterest Income 30,957 36,218 38,527
Noninterest Expense      
Salaries and employee benefits 63,224 60,215 60,034
Net occupancy expense 26,217 25,628 24,613
Postage 3,198 3,348 3,461
Insurance 2,015 2,674 2,959
Advertising 2,808 2,460 2,311
Office supplies and printing 1,077 1,047 1,446
Telephone 3,580 3,272 3,188
Legal, audit and other professional fees 2,624 3,423 2,862
Expense on other real estate and repossessions 2,184 4,919 3,929
Partnership Tax Credit Investment Amortization 365 575 930
Acquired deposit intangible asset amortization 1,190 1,562 1,650
Other operating expenses 6,656 6,187 6,878
Noninterest Expense 115,138 115,310 114,261
Income Before Income Taxes 90,061 81,950 70,322
Provision for Income Taxes 16,449 14,841 18,758
Net Income and Net Income Available to Common Shareholders $ 73,612 $ 67,109 $ 51,564
Earnings Per Common Share      
Basic $ 5.18 $ 4.75 $ 3.67
Diluted $ 5.14 $ 4.71 $ 3.64