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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      
Interest and Fees on Loans & Leases $ 143,383 $ 137,237 $ 119,837
Interest on Deposits with Banks 1,207 4,909 2,755
Interest on Investment Securities:      
Taxable 12,391 9,911 9,257
Exempt from Federal Tax 1,671 1,651 1,604
Total Interest Income 158,652 153,708 133,453
Interest Expense      
Deposits 9,113 12,640 7,425
Borrowed Funds 0 0 1
Subordinated Debentures 378 554 524
Total Interest Expense 9,491 13,194 7,950
Net Interest Income 149,161 140,514 125,503
Provision for Credit Losses 4,500 200 5,533
Net Interest Income After Provision for Credit Losses 144,661 140,314 119,970
Non-Interest Income      
Service Charges on Deposit Accounts 2,637 3,673 3,479
Net Gain (Loss) on Sales Investment Securities 40 1 (1,260)
Increase in Cash Surrender Value of Bank Owned Life Insurance 2,088 2,031 1,900
Debit Card and ATM Fees 5,536 5,120 4,365
Net Gain on Deferred Compensation Investments 1,777 2,625 1,088
Other 3,618 3,791 5,647
Total Non-Interest Income 15,696 17,241 15,219
Non-Interest Expense      
Salaries and Employee Benefits 56,950 55,250 50,054
Net Gain on Deferred Compensation Plan Investments 1,777 2,625 1,088
Occupancy 4,640 4,295 3,905
Equipment 4,994 4,921 4,303
Marketing 922 1,254 1,232
Legal 128 2,347 968
FDIC Insurance 517 624 912
Acquisition Expenses 0 0 2,933
Other 12,478 10,926 10,064
Total Non-Interest Expense 82,406 82,242 75,459
Income Before Provision for Income Taxes 77,951 75,313 59,730
Provision for Income Taxes 19,217 19,277 14,203
Net Income $ 58,734 $ 56,036 $ 45,527
Basic and Diluted Earnings Per Common Share (in dollars per share) $ 74.03 $ 71.18 $ 56.82