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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
INTEREST AND DIVIDEND INCOME      
Loans, including fees $ 270,460 $ 300,960 $ 300,625
Investment securities:      
Taxable 15,706 14,918 14,733
Tax-exempt 2,593 3,497 3,302
Dividends 503 1,089 1,824
Total Interest and Dividend Income 289,262 320,464 320,484
INTEREST EXPENSE      
Deposits 10,757 35,986 63,026
Borrowings and junior subordinated debt securities 2,393 5,090 10,667
Total Interest Expense 13,150 41,076 73,693
NET INTEREST INCOME 276,112 279,388 246,791
Provision for credit losses [1] 16,215 131,424 14,873
Net Interest Income After Provision for Credit Losses 259,897 147,964 231,918
NONINTEREST INCOME      
Net gain (loss) on sale of securities 29 142 (26)
Mortgage banking 9,734 10,923 2,491
Commercial loan swap income 1,146 4,740 5,503
Other 7,820 5,267 9,246
Total Noninterest Income 64,610 59,719 52,558
NONINTEREST EXPENSE      
Salaries and employee benefits 100,214 90,115 83,986
Data processing and information technology 16,681 15,499 14,468
Occupancy 14,544 14,529 12,103
Furniture, equipment and software 10,684 11,050 8,958
Other taxes 6,644 6,622 3,364
Professional services and legal 6,368 6,394 4,244
Marketing 4,553 5,996 4,631
FDIC insurance 4,224 5,089 758
Merger related expenses 0 2,342 11,350
Other 24,927 29,008 23,254
Total Noninterest Expense 188,839 186,644 167,116
Income Before Taxes 135,668 21,039 117,360
Income taxes (benefit) expense 25,325 (1) 19,126
Net Income $ 110,343 $ 21,040 $ 98,234
Earnings per common share—basic (in dollars per share) $ 2.81 $ 0.54 $ 2.84
Earnings per common share—diluted (in dollars per share) 2.81 0.53 2.82
Dividends declared per common share (in dollars per share) $ 1.13 $ 1.12 $ 1.09
Debit and credit card      
NONINTEREST INCOME      
Revenue from contract with customer $ 17,952 $ 15,093 $ 13,405
Service charges on deposit accounts      
NONINTEREST INCOME      
Revenue from contract with customer 15,040 13,597 13,316
Wealth management      
NONINTEREST INCOME      
Revenue from contract with customer $ 12,889 $ 9,957 $ 8,623
[1] (1)Beginning January 1, 2020, provision for credit losses is based on current expected credit loss methodology due to the adoption of CECL. Prior to January 1, 2020, it was based on incurred loss methodology.