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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest Income      
Loans $ 186,269 $ 204,964 $ 223,047
Investment securities and other 12,404 12,739 11,947
Total Interest Income 198,673 217,703 234,994
Interest Expense      
Deposits 13,102 32,431 45,570
Short-term borrowings and repurchase agreements 37 675 3,635
Subordinated debentures issued to capital trust 448 628 1,019
Subordinated notes 7,165 6,831 4,378
Total Interest Expense 20,752 40,565 54,602
Net Interest Income 177,921 177,138 180,392
Provision (Credit) for Credit Losses on Loans (6,700) 15,871 6,150
Provision for Unfunded Commitments 939 0 0
Net Interest Income After Provision (Credit) for Credit Losses and Provision for Unfunded Commitments 183,682 161,267 174,242
Noninterest Income      
Commissions 1,263 892 889
Overdraft and insufficient funds fees 6,686 6,481 8,249
Point-of-sale and ATM fee income and service charges 15,029 12,203 12,649
Net gain on loan sales 9,463 8,089 2,607
Net realized gain (loss) on sales of available-for-sale securities 0 78 (62)
Late charges and fees on loans 1,434 1,419 1,432
Gain (loss) on derivative interest rate products 312 (264) (104)
Other income 4,130 6,152 5,297
Total Noninterest Income 38,317 35,050 30,957
Noninterest Expense      
Salaries and employee benefits 70,290 70,810 63,224
Net occupancy and equipment expense 29,163 27,582 26,217
Postage 3,164 3,069 3,198
Insurance 3,061 2,405 2,015
Advertising 3,072 2,631 2,808
Office supplies and printing 848 1,016 1,077
Telephone 3,458 3,794 3,580
Legal, audit and other professional fees 6,555 2,378 2,624
Expense on other real estate and repossessions 627 2,023 2,184
Acquired deposit intangible asset amortization 863 1,154 1,190
Other operating expenses 6,534 6,363 7,021
Total Non interest Expense 127,635 123,225 115,138
Income Before Income Taxes 94,364 73,092 90,061
Provision for Income Taxes 19,737 13,779 16,449
Net Income and Net Income Available to Common Shareholders $ 74,627 $ 59,313 $ 73,612
Earnings Per Common Share      
Basic $ 5.50 $ 4.22 $ 5.18
Diluted $ 5.46 $ 4.21 $ 5.14