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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Interest income:    
Loans, including fees $ 121,733 $ 116,904
Securities:    
Taxable 12,267 8,890
Non taxable 3,546 1,018
Federal funds sold and interest-bearing deposits in banks 685 6,130
Total interest income 138,231 132,942
Interest expense:    
Deposits 11,894 22,491
Notes payable & other borrowings 662 2,314
Subordinated debt securities 2,223 1,616
Junior subordinated deferrable interest debentures 1,167 1,946
Total interest expense 15,946 28,367
Net interest income 122,285 104,575
Provision for loan losses 25,570 2,799
Net interest income, after provision for loan losses 96,715 101,776
Noninterest income:    
Service charges on deposit accounts 7,032 8,129
Income from insurance activities 7,644 7,016
Net gain on sales of loans 63,531 23,521
Bank card services and interchange fees 10,035 8,692
Realized gain on sale of securities 2,318 0
Investment commissions 1,698 1,710
Fiduciary fees 3,185 2,306
Other 6,160 5,259
Total noninterest income 101,603 56,633
Noninterest expense:    
Salaries and employee benefits 89,220 75,392
Occupancy and equipment, net 14,658 13,572
Professional services 6,322 7,334
Marketing and development 3,088 3,017
IT and data services 3,574 2,830
Bank card expenses 4,253 3,346
Appraisal expenses 2,782 1,625
Other 17,818 14,592
Total noninterest expense 141,715 121,708
Income before income taxes 56,603 36,701
Income tax expense 11,250 7,481
Net income $ 45,353 $ 29,220
Earnings per share:    
Basic (in dollars per share) $ 2.51 $ 1.74
Diluted (in dollars per share) $ 2.47 $ 1.71
Net income $ 45,353 $ 29,220
Other comprehensive income:    
Change in net unrealized gain (loss) on securities available for sale 28,193 4,025
Change in net gain (loss) on cash flow hedges (76) 0
Reclassification adjustment for (gain) loss included in net income (2,318) 28
Tax effect (5,418) (852)
Other comprehensive income 20,381 3,201
Comprehensive income $ 65,734 $ 32,421