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Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Interest and fee income on loans:      
Taxable $ 137,669 $ 120,853 $ 122,952
Tax exempt 21,634 24,402 14,661
Interest and dividend income on securities:      
Taxable 7,964 10,089 15,719
Tax exempt 15 11 75
Other interest income 2,072 1,482 2,431
Total interest income 169,354 156,837 155,838
Interest expense:      
Interest expense on deposits 8,544 15,642 23,052
Interest expense on securities sold under agreements to repurchase 59 157 728
Interest expense on other borrowed funds 5,518 5,085 4,836
Total interest expense 14,121 20,884 28,616
Net interest income 155,233 135,953 127,222
Provision for loan losses 3,000 23,100 6,050
Net interest income after provision for loan losses 152,233 112,853 121,172
Noninterest income:      
Service charges on deposit accounts 12,504 9,630 11,104
Credit and debit card fees 9,596 7,994 7,785
Trust and investment advisory fees 7,795 5,201 3,768
Income from mortgage banking services, net 86,410 122,174 42,992
Gain on sales of available-for-sale securities, net 0 153 1,583
Gain on other real estate owned and foreclosed assets activity, net 766 148 303
Other noninterest income 7,173 3,085 3,432
Total noninterest income 124,244 148,385 70,967
Noninterest expense:      
Salary and employee benefits 151,926 139,980 104,699
Occupancy and equipment 26,565 26,716 23,439
Amortization of intangible assets 1,417 1,485 1,896
Merger related expenses 3,085 0 0
Other noninterest expenses 41,642 35,892 40,166
Total noninterest expense 224,635 204,073 170,200
Income before income taxes 51,842 57,165 21,939
Provision for income taxes 8,678 9,580 1,436
Net income 43,164 47,585 20,503
Other comprehensive income:      
Reclassification adjustment for net gain on sales of available-for-sale securities 0 (153) (1,583)
Change in unrealized (loss) gain on available-for-sale securities (9,870) 9,766 18,098
Income tax effect on other comprehensive income 2,415 (2,352) (4,022)
Comprehensive income 35,709 54,846 32,996
Earnings per share:      
Net income available to common stockholders, basic 43,164 47,585 20,503
Net income available to common stockholders, diluted $ 43,164 $ 47,585 $ 20,503
Basic (in dollars per share) $ 2.36 $ 2.60 $ 1.05
Diluted (in dollars per share) $ 2.30 $ 2.58 $ 1.03