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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest, fee and dividend income        
Interest and fees on loans $ 85,266 $ 72,817 $ 237,148 $ 222,705
Securities available for sale 7,665 5,898 21,822 17,204
Securities held to maturity 4,854 2,976 12,532 9,454
Other 1,429 524 3,396 1,206
Total interest, fee and dividend income 99,214 82,215 274,898 250,569
Interest expense        
Deposits 2,233 2,548 5,831 8,582
Short-term borrowings 84 28 113 130
Long-term debt 20 89 140 301
Subordinated debt 1,360 1,359 4,078 4,077
Junior subordinated debt 1,039 517 2,325 1,572
Total interest expense 4,736 4,541 12,487 14,662
Net interest income 94,478 77,674 262,411 235,907
Provision for loan losses 4,484 (3,342) 9,470 (11,354)
Net interest income after provision for loan losses 89,994 81,016 252,941 247,261
Noninterest income        
Service charges on deposit accounts 3,581 3,489 11,032 9,544
Card services income 5,654 9,101 24,100 25,835
Retirement plan administration fees 11,496 10,495 37,451 30,372
Wealth management 8,402 8,783 25,294 25,099
Insurance services 3,892 3,720 11,258 10,689
Bank owned life insurance income 1,560 1,548 4,625 4,588
Net securities (losses) gains (148) (100) (914) 568
Other 2,735 3,293 8,641 9,988
Total noninterest income 37,172 40,329 121,487 116,683
Noninterest expense        
Salaries and employee benefits 48,371 44,190 140,595 128,462
Technology and data services 9,096 8,421 26,588 26,154
Occupancy 6,481 6,154 19,761 19,413
Professional fees and outside services 3,817 3,784 11,999 11,403
Office supplies and postage 1,469 1,364 4,441 4,478
FDIC expense 787 772 2,399 2,243
Advertising 559 583 1,943 1,502
Amortization of intangible assets 544 663 1,725 2,157
Loan collection and other real estate owned, net 549 706 1,690 1,959
Other 5,021 6,232 13,815 14,405
Total noninterest expense 76,694 72,869 224,956 212,176
Income before income tax expense 50,472 48,476 149,472 151,768
Income tax expense 11,499 11,043 33,598 34,193
Net income $ 38,973 $ 37,433 $ 115,874 $ 117,575
Earnings per share        
Basic (in dollars per share) $ 0.91 $ 0.86 $ 2.7 $ 2.71
Diluted (in dollars per share) $ 0.9 $ 0.86 $ 2.68 $ 2.69