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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest and fees on loans      
Taxable $ 96,500 $ 84,716 $ 74,365
Tax-exempt 615 567 543
Interest and dividends on securities      
Interest Income, Securities, Operating, Taxable 6,511 5,341 5,071
Interest Income, Securities, Operating, Tax Exempt 2,850 4,246 3,939
Interest on interest bearing deposits with other banks 595 539 609
Total interest income 107,071 95,409 84,527
Interest expense      
Interest on deposits 23,697 17,675 11,210
Interest on short-term borrowings 5,303 5,993 4,473
Interest on long-term borrowings and subordinated debentures 987 1,944 2,697
Total interest expense 29,987 25,612 18,380
Net interest income 77,084 69,797 66,147
Provision for loan losses 1,550 2,250 1,250
Net interest income after provision for loan losses 75,534 67,547 64,897
Other income      
Insurance commissions 1,911 4,320 4,005
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments 1,938 622 (14)
Gain (Loss) on Disposition of Business 1,906 0 0
Bank owned life insurance income 1,044 1,022 1,017
Other 1,210 1,022 750
Total other income 19,203 17,422 14,427
Other expense      
Salaries, commissions, and employee benefits 29,066 27,478 25,075
Net occupancy expense 3,417 3,364 3,011
Equipment expense 4,972 4,411 3,954
Professional fees 1,678 1,607 1,367
Marketing and Advertising Expense 698 654 578
Amortization of intangibles 1,701 1,671 1,410
FDIC premiums 88 830 1,065
Bank card expense 1,820 1,475 1,432
Foreclosed properties expense, net of losses 2,498 1,350 1,339
Litigation Settlement 0 0 9,900
Business Combination, Acquisition Related Costs 617 144 1,589
Other 8,599 6,889 7,025
Total other expense 55,154 49,873 57,745
Income before income taxes 39,583 35,096 21,579
Income tax expense 7,717 7,024 9,664
Net Income 31,866 28,072 11,915
Net income (loss) applicable to common shares $ 31,866 $ 28,072 $ 11,915
Basic earnings per share $ 2.55 $ 2.27 $ 1.00
Diluted earnings per share $ 2.53 $ 2.26 $ 1.00
Fiduciary and Trust [Member]      
Other income      
Revenue from Contract with Customer, Including Assessed Tax $ 2,564 $ 2,653 $ 1,863
Deposit Account [Member]      
Other income      
Revenue from Contract with Customer, Including Assessed Tax 5,094 4,631 4,109
Credit and Debit Card [Member]      
Other income      
Revenue from Contract with Customer, Including Assessed Tax $ 3,536 $ 3,152 $ 2,697