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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest and fees on loans      
Taxable $ 104,986 $ 96,500 $ 84,716
Tax-exempt 578 615 567
Interest and dividends on securities      
Interest Income, Securities, Operating, Taxable 5,997 6,511 5,341
Interest Income, Securities, Operating, Tax Exempt 3,176 2,850 4,246
Interest on interest bearing deposits with other banks 266 595 539
Total interest income 115,003 107,071 95,409
Interest expense      
Interest on deposits 16,044 23,697 17,675
Interest on short-term borrowings 2,330 5,303 5,993
Interest on long-term borrowings and subordinated debentures 1,147 987 1,944
Total interest expense 19,521 29,987 25,612
Net interest income 95,482 77,084 69,797
Provision for loan losses 14,500 1,550 2,250
Net interest income after provision for loan losses 80,982 75,534 67,547
Other income      
Insurance commissions 202 1,911 4,320
Mortgage Origination Revenue 2,799 770 768
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments 3,472 1,938 622
Gain (Loss) on Disposition of Business 0 1,906 0
Bank owned life insurance and annuities income 1,567 1,044 1,022
Other 466 440 254
Total other income 20,083 19,203 17,422
Other expense      
Salaries, commissions, and employee benefits 32,211 29,066 27,478
Net occupancy expense 3,963 3,417 3,364
Equipment expense 5,765 4,972 4,411
Professional fees 1,538 1,678 1,607
Marketing and Advertising Expense 596 698 654
Amortization of intangibles 1,659 1,701 1,671
FDIC premiums 856 88 830
Bank card expense 2,225 1,820 1,475
Foreclosed properties expense, net of losses 2,490 2,498 1,350
Business Combination, Acquisition Related Costs 1,671 617 144
Other 9,337 8,599 6,889
Total other expense 62,311 55,154 49,873
Income before income taxes 38,754 39,583 35,096
Income tax expense 7,428 7,717 7,024
Net Income 31,326 31,866 28,072
Net income (loss) applicable to common shares $ 31,326 $ 31,866 $ 28,072
Basic earnings per share $ 2.42 $ 2.55 $ 2.27
Diluted earnings per share $ 2.41 $ 2.53 $ 2.26
Fiduciary and Trust [Member]      
Other income      
Revenue from Contract with Customer, Including Assessed Tax $ 2,495 $ 2,564 $ 2,653
Deposit Account [Member]      
Other income      
Revenue from Contract with Customer, Including Assessed Tax 4,588 5,094 4,631
Credit and Debit Card [Member]      
Other income      
Revenue from Contract with Customer, Including Assessed Tax $ 4,494 $ 3,536 $ 3,152