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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
INTEREST INCOME      
Interest and fees on loans $ 123,159 $ 133,883 $ 116,865
Interest on securities available for sale      
Taxable 12,655 11,842 10,874
Tax-exempt 2,926 1,342 1,743
Other investments 1,089 1,861 1,291
Total Interest Income 139,829 148,928 130,773
INTEREST EXPENSE      
Deposits 12,666 23,425 14,478
Other borrowings and subordinated debt and debentures 3,551 2,922 3,013
Total Interest Expense 16,217 26,347 17,491
Net Interest Income 123,612 122,581 113,282
Provision for loan losses 12,463 824 1,503
Net Interest Income After Provision for Loan Losses 111,149 121,757 111,779
NON-INTEREST INCOME      
Interchange income 11,230 10,297 9,905
Service charges on deposit accounts 8,517 11,208 12,258
Net gains on assets      
Mortgage loans 62,560 19,978 10,597
Securities available for sale 267 307 138
Mortgage loan servicing, net (9,350) (3,336) 3,157
Other 7,521 9,282 8,760
Total Non-Interest Income 80,745 47,736 44,815
NON-INTEREST EXPENSE      
Compensation and employee benefits 74,781 67,501 62,078
Occupancy, net 8,938 9,013 8,912
Data processing 8,534 8,905 8,262
Furniture, fixtures and equipment 4,089 4,113 4,080
Interchange expense 3,342 3,215 2,702
Communications 3,194 2,947 2,848
Loan and collection 3,037 2,685 2,682
Conversion related expense 2,586 0 0
Advertising 2,230 2,450 2,155
Legal and professional 2,027 1,814 1,839
FDIC deposit insurance 1,596 685 1,081
Net (gains) losses on other real estate and repossessed assets 64 (90) (672)
Merger related expenses 0 0 3,465
Other 7,995 8,495 8,029
Total Non-interest Expense 122,413 111,733 107,461
Income Before Income Tax 69,481 57,760 49,133
Income tax expense 13,329 11,325 9,294
Net Income $ 56,152 $ 46,435 $ 39,839
Net income per common share      
Basic (in dollars per share) [1] $ 2.56 $ 2.03 $ 1.70
Diluted (in dollars per share) $ 2.53 $ 2.00 $ 1.68
[1] Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.