XML 17 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest Income:      
Interest and Fees on Loans $ 218,032 $ 156,791 $ 140,459
Interest and Dividends on Non-taxable Securities 4,131 4,274 3,183
Interest and Dividends on Taxable Securities 12,372 9,246 5,938
Interest on Federal Funds Sold and Due From Banks 1,579 127 175
Total Interest Income 236,114 170,438 149,755
Interest Expense:      
Interest on Deposits 24,413 12,183 17,562
Interest on Borrowings 12,124 4,371 4,547
Total Interest Expense 36,537 16,554 22,109
Net Interest Income 199,577 153,884 127,646
Provision for Loan Losses 10,886 8,047 11,435
Net Interest Income after Provision for Loan Losses 188,691 145,837 116,211
Other Income:      
Service Charges on Deposit Accounts 8,272 6,813 5,358
Gain (Loss) on Sales of Securities (48) 378 135
Gain on Sales of Loans 574 10,117 4,597
Other Income 20,512 18,474 11,474
Total Other Income 29,310 35,782 21,564
Other Expenses:      
Salaries and Employee Benefits 85,222 65,825 57,394
Occupancy and Equipment Expense 19,367 15,750 11,380
Other Expenses 44,820 35,486 32,219
Total Other Expenses 149,409 117,061 100,993
Income Before Income Taxes 68,592 64,558 36,782
Provision for Income Taxes 14,337 12,422 6,788
Net Income 54,255 52,136 29,994
Preferred Stock Dividends 1,350 0 0
Net Income Available to Common Shareholders $ 52,905 $ 52,136 $ 29,994
Earnings Per Common Share:      
Basic (in dollars per share) $ 2.34 $ 2.54 $ 1.65
Diluted (in dollars per share) $ 2.32 $ 2.53 $ 1.64