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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest Income      
Loans $ 204,964 $ 223,047 $ 198,226
Investment securities and other 12,739 11,947 7,723
Interest and Dividend Income, Operating 217,703 234,994 205,949
Interest Expense      
Deposits 32,431 45,570 27,957
Federal Home Loan Bank advances 0 0 3,985
Short-term borrowings and repurchase agreements 675 3,635 765
Subordinated debentures issued to capital trust 628 1,019 953
Subordinated notes 6,831 4,378 4,097
Interest Expense 40,565 54,602 37,757
Provision for Loan Losses 15,871 6,150 7,150
Net Interest Income 177,138 180,392 168,192
Net Interest Income After Provision for Loan Losses 161,267 174,242 161,042
Noninterest Income      
Commissions 892 889 1,137
Service charges, debit card and ATM fees 18,684 20,898 21,695
Net gains on loan sales 8,089 2,607 1,788
Net realized gains (losses) on sales of available-for-sale securities 78 (62) 2
Late charges and fees on loans 1,419 1,432 1,622
Gain (loss) on derivative interest rate products (264) (104) 25
Gain on sale of business units 0 0 7,414
Other income 6,152 5,297 2,535
Noninterest Income 35,050 30,957 36,218
Noninterest Expense      
Salaries and employee benefits 70,810 63,224 60,215
Net occupancy and equipment expense 27,582 26,217 25,628
Postage 3,069 3,198 3,348
Insurance 2,405 2,015 2,674
Advertising 2,631 2,808 2,460
Office supplies and printing 1,016 1,077 1,047
Telephone 3,794 3,580 3,272
Legal, audit and other professional fees 2,378 2,624 3,423
Expense on other real estate and repossessions 2,023 2,184 4,919
Partnership tax credit investment amortization 80 365 575
Acquired deposit intangible asset amortization 1,154 1,190 1,562
Other operating expenses 6,283 6,656 6,187
Noninterest Expense 123,225 115,138 115,310
Income Before Income Taxes 73,092 90,061 81,950
Provision for Income Taxes 13,779 16,449 14,841
Net Income and Net Income Available to Common Shareholders $ 59,313 $ 73,612 $ 67,109
Earnings Per Common Share      
Basic $ 4.22 $ 5.18 $ 4.75
Diluted $ 4.21 $ 5.14 $ 4.71