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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest Income      
Loans, including fees $ 89,907 $ 78,133 $ 86,425
Taxable 23,260 13,001 7,798
Exempt from federal income taxes 848 925 949
Other 1,562 598 930
Total interest income 115,577 92,657 96,102
Interest Expense      
Deposits 9,169 3,661 8,843
Short-term borrowings 4,339    
Long-term debt 2,340 1,897 3,413
Total interest expense 15,848 5,558 12,256
Net interest income 99,729 87,099 83,846
Provision for loan losses   (3,500) 10,900
Net interest income after provision for loan losses 99,729 90,599 72,946
Noninterest Income      
Mortgage banking 16,921 48,502 61,641
Net gains (losses) on investment securities   125 2,737
Other 4,863 4,604 5,177
Total noninterest income 111,223 147,387 149,371
Noninterest Expense      
Compensation 80,656 93,386 89,206
Employee taxes and benefits 21,915 22,033 20,050
Occupancy and equipment expense 7,605 8,148 10,058
Business services, software and technology expense 19,487 20,486 19,135
Intangible amortization expense 4,754 4,380 3,961
Professional fees and assessments 8,367 6,292 4,834
Marketing and business development 3,254 3,182 3,133
Supplies and postage 2,440 2,361 2,174
Travel 1,182 442 359
Mortgage and lending expenses 2,183 4,250 5,707
Other 6,927 3,949 5,182
Total noninterest expense 158,770 168,909 163,799
Income before income taxes 52,182 69,077 58,518
Income tax expense 12,177 16,396 13,843
Net income $ 40,005 $ 52,681 $ 44,675
Per Common Share Data      
Basic earnings per common share $ 2.12 $ 3.02 $ 2.57
Diluted earnings per common share 2.10 2.97 2.52
Dividends declared per common share $ 0.70 $ 0.63 $ 0.60
Average common shares outstanding 18,640 17,189 17,106
Diluted average common shares outstanding 18,884 17,486 17,438
Retirement and Benefit Services      
Noninterest Income      
Revenue $ 67,135 $ 71,709 $ 60,956
Wealth Management      
Noninterest Income      
Revenue 20,870 21,052 17,451
Deposit Account      
Noninterest Income      
Revenue $ 1,434 $ 1,395 $ 1,409