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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
INTEREST AND DIVIDEND INCOME      
Interest and Fees on Loans $ 95,467 $ 81,647 $ 70,202
Interest on Deposits at Banks 722 711 348
Interest and Dividends on Investment Securities:      
Fully Taxable 8,883 8,582 7,884
Exempt from Federal Taxes 4,687 5,563 6,223
Total Interest and Dividend Income 109,759 96,503 84,657
INTEREST EXPENSE      
Interest-Bearing Checking Accounts 1,985 1,618 1,510
Savings Deposits 8,399 3,457 1,371
Time Deposits over $250,000 1,932 1,183 282
Other Time Deposits 4,224 1,420 950
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase 100 62 44
Federal Home Loan Bank Advances 3,952 3,779 2,083
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts 1,019 966 766
Interest on Financing Leases 99 0 0
Total Interest Expense 21,710 12,485 7,006
NET INTEREST INCOME 88,049 84,018 77,651
Provision for Loan Losses 2,079 2,607 2,736
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 85,970 81,411 74,915
NONINTEREST INCOME      
Insurance Commissions 7,182 7,888 8,612
Net Gain (Loss) on Securities 289 213 (448)
Net Gain on Sales of Loans 622 135 546
Other Operating Income 1,477 1,324 927
Total Noninterest Income 28,555 28,949 27,645
NONINTEREST EXPENSE      
Salaries and Employee Benefits 38,402 38,788 37,677
Occupancy Expenses, Net 5,407 5,026 4,911
Technology and Equipment Expense 13,054 11,284 10,474
FDIC Assessments 157 881 891
Other Operating Expense 10,430 9,076 8,752
Total Noninterest Expense 67,450 65,055 62,705
INCOME BEFORE PROVISION FOR INCOME TAXES 47,075 45,305 39,855
Provision for Income Taxes 9,600 9,026 10,529
NET INCOME $ 37,475 $ 36,279 $ 29,326
Average Shares Outstanding:      
Basic (in shares) 14,940 14,840 14,739
Diluted (in shares) 14,983 14,922 14,838
Per Common Share:      
Basic Earnings (in dollars per share) $ 2.51 $ 2.44 $ 1.99
Diluted Earnings (in dollars per share) $ 2.50 $ 2.43 $ 1.98
Stock dividend, percent 3.00% 3.00% 3.00%
Fiduciary and Trust      
NONINTEREST INCOME      
Income From Fiduciary Activities $ 8,809 $ 9,255 $ 8,417
Deposit Account      
NONINTEREST INCOME      
Income From Fiduciary Activities $ 10,176 $ 10,134 $ 9,591