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Consolidated Statements of Income and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income:      
Interest and fees on loans, including loans held for sale $ 169,885 $ 160,198 $ 160,826
Interest and dividends on securities:      
Taxable 21,695 13,981 11,939
Tax exempt 2,998 3,098 2,380
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 603 486 532
Interest on Federal Reserve Bank deposits 2,439 372 704
Other, including interest on federal funds sold 122 34 60
Total interest income 197,742 178,169 176,441
Interest expense:      
Interest on deposits 24,068 12,753 21,177
Interest on repurchase agreements and federal funds purchased 2,540 1,254 2,788
Interest on advances from Federal Home Loan Bank 20 0 0
Interest on long-term debt 2,012 1,083 1,485
Total interest expense 28,640 15,090 25,450
Net interest income 169,102 163,079 150,991
Provision for credit losses (recovery) 4,905 (6,386) 16,047
Net interest income after provision for credit losses (recovery) 164,197 169,465 134,944
Noninterest income:      
Service charges on deposit accounts 29,049 26,529 23,461
Gains on sales of loans, net 1,525 6,820 7,226
Trust and wealth management income 12,394 12,644 10,931
Loan related fees 6,185 5,578 4,041
Bank owned life insurance 2,708 2,844 2,306
Brokerage revenue 1,846 1,962 1,483
Securities gains (losses) (168) (158) 1,769
Other noninterest income 4,377 4,244 3,343
Total noninterest income 57,916 60,463 54,560
Noninterest expense:      
Officer salaries and employee benefits 15,922 19,713 15,257
Other salaries and employee benefits 56,568 54,401 51,170
Occupancy, net 8,380 8,306 7,912
Equipment 2,703 2,548 2,737
Data processing 8,910 8,039 7,941
Bank franchise tax 1,528 1,705 7,299
Legal fees 1,159 1,160 1,634
Professional fees 2,275 2,039 2,091
Advertising and marketing 3,005 2,928 2,980
FDIC insurance 1,447 1,381 1,056
Other real estate owned provision and expense 456 1,401 2,655
Repossession expense 546 344 717
Amortization of limited partnership investments 2,853 3,352 3,759
Other noninterest expense 15,319 11,968 12,031
Total noninterest expense 121,071 119,285 119,239
Income before income taxes 101,042 110,643 70,265
Income taxes 19,228 22,704 10,761
Net income 81,814 87,939 59,504
Unrealized holding gains (losses) on debt securities available-for-sale:      
Unrealized holding gains (losses) arising during the period (168,060) (24,827) 13,839
Less: Reclassification adjustments for realized gains (losses) included in net income (81) 60 1,251
Tax expense (benefit) (43,675) (6,471) 3,273
Other comprehensive income (loss), net of tax (124,304) (18,416) 9,315
Comprehensive income (loss) $ (42,490) $ 69,523 $ 68,819
Basic earnings per share (in dollars per share) $ 4.59 $ 4.94 $ 3.35
Diluted earnings per share (in dollars per share) $ 4.58 $ 4.94 $ 3.35
Weighted average shares outstanding-basic (in shares) 17,836 17,786 17,748
Weighted average shares outstanding-diluted (in shares) 17,851 17,804 17,756