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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income:      
Loans and leases, including fees $ 134,342 $ 118,467 $ 99,924
Federal funds sold and interest bearing due from banks 2,933 1,307 1,330
Mortgage loans held for sale 182 166 191
Securities available for sale      
Taxable 9,839 9,001 8,365
Tax-exempt 469 832 1,089
Total interest income 147,765 129,773 110,899
Interest expense:      
Deposits 20,560 13,441 5,975
Securities sold under agreements to repurchase and other short-term borrowings 318 992 316
Federal Home Loan Bank advances 1,640 924 955
Subordinated debentures 26 0 0
Total interest expense 22,544 15,357 7,246
Net interest income 125,221 114,416 103,653
Provision for loan and lease losses 1,000 2,705 2,550
Net interest income after provision 124,221 111,711 101,103
Non-interest income:      
Non-interest income 22,643 21,536 20,505
Mortgage banking income [1] 3,090 2,568 3,221
Loss on sale of securities available for sale 0 0 (232)
Bank owned life insurance [1] 1,031 1,129 1,159
Total non-interest income 49,790 45,346 44,499
Non-interest expenses:      
Compensation 50,319 46,104 42,581
Employee benefits 11,038 10,098 9,987
Net occupancy and equipment 8,417 7,653 7,393
Technology and communication 9,591 8,897 7,957
Marketing and business development 3,627 3,099 2,716
Postage, printing and supplies 1,652 1,558 1,475
Legal and professional 3,014 2,614 2,393
FDIC insurance 245 961 960
Amortization of investments in tax credit partnerships 1,078 1,237 7,124
Capital and deposit based taxes 3,870 3,325 3,440
Other 5,500 3,963 4,394
Total non-interest expenses 98,351 89,509 90,420
Income before income tax expense 75,660 67,548 55,182
Income tax expense 9,593 12,031 17,139
Net income $ 66,067 $ 55,517 $ 38,043
Net income per share, basic (in dollars per share) $ 2.92 $ 2.45 $ 1.69
Net income per share, diluted (in dollars per share) $ 2.89 $ 2.42 $ 1.66
Weighted average outstanding shares:      
Basic (in shares) 22,598 22,619 22,532
Diluted (in shares) 22,865 22,944 22,983
Fiduciary and Trust [Member]      
Non-interest income:      
Non-interest income $ 22,643 $ 21,536 $ 20,505
Deposit Account [Member]      
Non-interest income:      
Non-interest income 5,513 5,759 6,172
Credit and Debit Card [Member]      
Non-interest income:      
Non-interest income 8,123 6,769 5,979
Treasury Management [Member]      
Non-interest income:      
Non-interest income 4,992 4,571 4,297
Investment Advisory, Management and Administrative Service [Member]      
Non-interest income:      
Non-interest income 1,498 1,677 1,629
Product and Service, Other [Member]      
Non-interest income:      
Non-interest income $ 2,900 $ 1,337 $ 1,769
[1] Outside of the scope of ASC 606