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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
INTEREST INCOME      
Loans, including fees $ 300,625 $ 269,811 $ 243,315
Investment Securities:      
Taxable 14,733 14,342 11,947
Tax-exempt 3,302 3,449 3,615
Dividends 1,824 2,224 1,765
Total Interest Income 320,484 289,826 260,642
INTEREST EXPENSE      
Deposits 63,026 40,856 25,330
Borrowings and junior subordinated debt securities 10,667 14,532 9,579
Total Interest Expense 73,693 55,388 34,909
NET INTEREST INCOME 246,791 234,438 225,733
Provision for loan losses 14,873 14,995 13,883
Net Interest Income After Provision for Loan Losses 231,918 219,443 211,850
NONINTEREST INCOME      
Net (loss)/gain on sale of securities (26) 0 3,000
Commercial loan swap income 5,503 1,225 503
Mortgage banking 2,491 2,762 2,915
Insurance 355 505 5,371
Gain on sale of a majority interest of insurance business 0 1,873 0
Other 8,891 6,957 9,428
Total Noninterest Income 52,558 49,181 55,462
NONINTEREST EXPENSE      
Salaries and employee benefits 83,986 76,108 80,776
Data processing and information technology 14,468 10,633 8,801
Net occupancy 12,103 11,097 10,994
Merger-related 11,350 0 0
Furniture, equipment and software 8,958 8,083 7,946
Marketing 4,631 4,192 3,659
Professional services and legal 4,244 4,132 4,096
Other taxes 3,364 6,183 4,509
FDIC insurance 758 3,238 4,543
Other 23,254 21,779 22,583
Total Noninterest Expense 167,116 145,445 147,907
Income Before Taxes 117,360 123,179 119,405
Provision for income taxes 19,126 17,845 46,437
Net Income $ 98,234 $ 105,334 $ 72,968
Earnings per common share—basic (in USD per share) $ 2.84 $ 3.03 $ 2.10
Earnings per common share—diluted (in USD per share) 2.82 3.01 2.09
Dividends declared per common share (in USD per share) $ 1.09 $ 0.99 $ 0.82
Debit and credit card      
NONINTEREST INCOME      
Revenue from contract with customer [1] $ 13,405 $ 12,679 $ 12,029
Service charges on deposit accounts      
NONINTEREST INCOME      
Revenue from contract with customer [1] 13,316 13,096 12,458
Wealth management      
NONINTEREST INCOME      
Revenue from contract with customer [1] 8,623 10,084 9,758
Majority Interest of Insurance Business      
NONINTEREST INCOME      
Gain on sale of a majority interest of insurance business $ 0 $ 1,873 $ 0
[1] Refer to Note 1. Summary of Significant Accounting Policies for the types of revenue streams that are included within each category.