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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest Income      
Loans and fees $ 229,036 $ 233,535 $ 193,143
Federal funds sold and interest-bearing deposits with banks 348 1,720 1,559
Taxable investment securities and other 17,811 19,722 16,710
Tax-exempt investment securities 1,647 1,510 1,709
Total Interest Income 248,842 256,487 213,121
Interest Expense      
Deposits 32,059 49,248 30,620
Federal funds purchased and securities sold under agreements to repurchase 556 1,471 471
Other borrowings 8,540 9,734 8,471
Total Interest Expense 41,155 60,453 39,562
Net Interest Income 207,687 196,034 173,559
Provision for credit losses 27,222 2,130 4,413
Net Interest Income after Provision for Credit Losses 180,465 193,904 169,146
Noninterest Income      
Service charges on deposit accounts 9,148 11,205 10,584
Commissions and fees 5,868 6,230 5,542
Income on bank owned life insurance 2,657 2,740 3,256
(Loss) gain on equity securities (552) 496 (583)
Gains on sales of loans 3,322 1,660 1,329
Gain on sales and calls of investment securities, net 1,213 0 0
Swap income 4,719 3,231 1,992
Other income 735 1,234 190
Total Noninterest Income 27,110 26,796 22,310
Total Noninterest Income      
Salaries and employee benefits 80,399 77,287 68,595
Net occupancy expense 10,596 11,029 10,155
Furniture and equipment 11,275 8,681 8,297
FDIC insurance expense 2,123 431 1,608
Stationery, supplies and postage 1,677 1,599 1,625
Marketing expense 1,253 1,945 1,437
Data processing expense 4,964 4,913 3,609
Telecommunications expense 1,875 1,943 1,769
ATM and debit card expense 2,331 2,377 2,195
Core deposit intangible amortization 1,025 1,182 594
Other real estate and repossessed asset expense 53 256 158
Long-term debt prepayment fee 4,133 0 0
Merger related expenses 0 3,178 464
Other expenses 11,094 11,935 10,661
Total Noninterest Expense 132,798 126,756 111,167
Income before provision for income taxes 74,777 93,944 80,289
Provision for income taxes 17,259 23,272 16,888
Net Income $ 57,518 $ 70,672 $ 63,401
Per Share of Common Stock      
Basic earnings (usd per share) $ 1.13 $ 1.39 $ 1.32
Diluted earnings (usd per share) 1.13 1.38 1.32
Cash dividends paid (usd per share) $ 0.50 $ 0.49 $ 0.45