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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
INTEREST AND DIVIDEND INCOME        
Loans, including fees $ 71,018 $ 66,942 $ 135,611 $ 137,174
Investment Securities:        
Taxable 5,995 3,793 10,931 7,356
Tax-exempt 484 690 966 1,503
Dividends 102 152 200 325
Total Interest and Dividend Income 77,599 71,577 147,708 146,358
INTEREST EXPENSE        
Deposits 1,790 2,652 3,643 6,133
Borrowings and junior subordinated debt securities 615 621 1,138 1,263
Total Interest Expense 2,405 3,273 4,781 7,396
NET INTEREST INCOME 75,194 68,304 142,927 138,962
Provision for credit losses 3,204 2,561 2,692 5,699
Net Interest Income After Provision for Credit Losses 71,990 65,743 140,235 133,263
NONINTEREST INCOME        
Net gain on sale of securities 0 29 0 29
Mortgage banking 466 1,734 1,481 6,044
Other (20) 2,108 1,912 4,541
Total Noninterest Income 12,630 15,424 27,856 32,747
NONINTEREST EXPENSE        
Salaries and employee benefits 24,811 24,515 48,523 47,842
Data processing and information technology 4,104 3,787 8,539 8,012
Occupancy 3,634 3,434 7,516 7,261
Furniture, equipment and software 2,939 2,402 5,716 5,042
Other taxes 1,682 1,832 3,219 3,268
Professional services and legal 2,380 1,637 4,329 3,168
Marketing 1,524 996 2,885 2,318
FDIC insurance 882 924 1,819 1,970
Other 6,468 6,302 13,292 12,614
Total Noninterest Expense 48,424 45,829 95,838 91,495
Income Before Taxes 36,196 35,338 72,253 74,515
Income tax expense 7,338 6,971 14,252 14,247
Net Income $ 28,858 $ 28,367 $ 58,001 $ 60,268
Earnings per share—basic (in dollars per share) $ 0.74 $ 0.73 $ 1.48 $ 1.54
Earnings per share—diluted (in dollars per share) 0.74 0.72 1.48 1.54
Dividends declared per share (in dollars per share) $ 0.30 $ 0.28 $ 0.59 $ 0.56
Comprehensive Income (Loss) $ 8,730 $ 30,911 $ (2,080) $ 54,902
Debit and credit card        
NONINTEREST INCOME        
Revenues from contract with customers 4,756 4,744 9,819 8,906
Service charges on deposit accounts        
NONINTEREST INCOME        
Revenues from contract with customers 4,181 3,642 8,155 7,116
Wealth management        
NONINTEREST INCOME        
Revenues from contract with customers $ 3,247 $ 3,167 $ 6,489 $ 6,111