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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      
Interest and fees on loans $ 157,768 $ 151,203 $ 157,564
Interest and dividends on securities:      
Taxable interest and dividends 29,656 16,685 13,961
Tax-exempt interest 11,017 7,721 6,913
Interest on federal funds sold 0 0 8
Interest on deposits in banks 1,952 1,136 902
Total interest income 200,393 176,745 179,348
INTEREST EXPENSE      
Interest on deposits 13,978 12,062 19,608
Interest on borrowed funds 8,599 7,619 7,056
Total interest expense 22,577 19,681 26,664
Net interest income 177,816 157,064 152,684
Provision for credit losses, LHFI 5,350 (1,456) 25,151
Provision for credit losses, OBSC exposures 255 352 0
Net interest income after provision for credit losses 172,211 158,168 127,533
NON-INTEREST INCOME      
Service charges on deposit accounts 8,668 7,264 7,213
Other service charges and fees 1,833 1,508 1,355
Interchange fees 12,702 11,562 9,433
Secondary market mortgage income 4,303 8,823 10,446
Bank owned life insurance income 2,101 1,955 1,514
BOLI death proceeds 1,630 0 0
Gain (loss) on sale of premises (116) (264) 443
Securities (loss) gain (82) 143 281
Gain (loss) on sale of other real estate 214 (300) (537)
Government awards/grants 873 1,826 968
Bargain purchase gain 281 1,300 7,835
Other 4,554 3,656 2,925
Total non-interest income 36,961 37,473 41,876
NON-INTEREST EXPENSE      
Salaries 57,903 53,371 50,853
Employee benefits 15,174 12,485 10,377
Occupancy 12,854 12,713 11,282
Furniture and equipment 2,981 2,848 2,551
Supplies and printing 967 903 925
Professional and consulting fees 3,558 4,035 3,897
Marketing and public relations 393 615 512
FDIC and OCC assessments 2,122 2,074 1,351
ATM expense 3,873 3,623 3,042
Bank communications 1,904 1,754 2,028
Data processing 2,211 1,578 1,137
Acquisition expense/charter conversion 6,410 1,607 3,315
Other 20,133 16,953 15,071
Total non-interest expense 130,483 114,559 106,341
Income before income taxes 78,689 81,082 63,068
Income taxes 15,770 16,915 10,563
Net Income (Loss) Available to Common Stockholders, Diluted 62,919 64,167 52,505
Net income available to common stockholders $ 62,919 $ 64,167 $ 52,505
Earnings per share:      
Basic earnings per share (in dollars per share) $ 2.86 $ 3.05 $ 2.53
Diluted earnings per share (in dollars per share) $ 2.84 $ 3.03 $ 2.52