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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest Income      
Loans and fees $ 325,001 $ 237,037 $ 229,036
Federal funds sold and interest-bearing deposits with banks 1,295 440 348
Taxable investment securities and other 35,352 17,208 17,811
Tax-exempt investment securities 5,895 2,633 1,647
Total Interest Income 367,543 257,318 248,842
Interest Expense      
Total 44,253 16,793 32,059
Federal funds purchased and securities sold under agreements to repurchase 3,658 78 556
Other borrowings 7,017 5,612 8,540
Total Interest Expense 54,928 22,483 41,155
Net Interest Income 312,615 234,835 207,687
Provision (benefit) for credit losses 8,514 (10,896) 27,222
Net Interest Income after Provision (Benefit) for Credit Losses 304,101 245,731 180,465
Noninterest Income      
Service charges on deposit accounts 10,985 9,856 9,148
Commissions and fees 9,116 6,939 5,868
Income on bank owned life insurance 3,980 2,676 2,657
Loss on equity securities (1,302) (285) (552)
Gains on sales of loans 2,765 2,264 3,322
Gains on investment securities transactions, net 0 9 1,213
Swap income 1,576 634 4,719
Other income 979 268 735
Total Noninterest Income 28,099 22,361 27,110
Total Noninterest Income      
Compensation and employee benefits 108,167 82,589 76,470
Premises and equipment 30,882 24,773 21,871
FDIC insurance expense 2,724 2,341 2,123
Data processing expense 6,238 5,454 4,964
Merger-related expenses 8,606 1,782 0
Other operating expenses 31,591 23,818 27,370
Total Noninterest Expense 188,208 140,757 132,798
Income before provision for income taxes 143,992 127,335 74,777
Provision for income taxes 36,623 32,294 17,259
Net Income $ 107,369 $ 95,041 $ 57,518
Per Share of Common Stock      
Basic earnings (usd per share) $ 1.64 $ 1.85 $ 1.13
Diluted earnings (usd per share) 1.63 1.85 1.13
Cash dividends paid (usd per share) $ 0.57 $ 0.53 $ 0.50