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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest income      
Loans, including fees $ 92,497 $ 93,335 $ 90,980
Securities      
Taxable 4,762 4,565 5,916
Nontaxable 4,218 4,189 3,830
Federal funds sold and interest-bearing deposits 1,073 953 1,835
Total interest income 102,550 103,042 102,561
Interest expense      
Deposits 5,651 11,624 21,611
FHLB advances and federal funds purchased 413 470 1,389
Subordinated debentures 700 702 648
Other borrowed money 228 264 43
Total interest expense 6,992 13,060 23,691
Net interest income 95,558 89,982 78,870
(Reversal) Provision for credit losses (1,700) 13,200 1,250
Net interest income after provision for credit losses 97,258 76,782 77,620
Noninterest income      
Service charges 3,772 3,064 3,715
Net realized loss on securities transactions 0 0 (22)
Net realized gain on sale of loans 5,528 6,834 2,850
Merchant and debit card fees 6,717 5,515 4,264
Other income 8,559 7,624 6,155
Total noninterest income 24,576 23,037 16,962
Noninterest expense      
Employee compensation and benefits 42,345 37,193 35,907
Occupancy expenses 10,944 10,220 9,834
Other expenses 19,989 19,109 16,784
Total noninterest expense 73,278 66,522 62,525
Income before income taxes 48,556 33,297 32,057
Income tax provision 8,750 5,895 5,778
Net earnings $ 39,806 $ 27,402 $ 26,279
Basic earnings per share (in USD per share) $ 3.30 $ 2.25 $ 2.05
Diluted earnings per share (in USD per share) $ 3.26 $ 2.24 $ 2.05