In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 8-K | 8-K | 10-K | 10-K | 10-K | 10-K | 10-K/A | 10-K/A |
INTEREST INCOME | | | | | | | | |
Interest and fees on loans | | | 56.4 | 55.4 | 51.3 | 43.6 | | |
|
Interest and dividends on investment securities: | | | | | | | | |
Interest and dividends on taxable investment securities | 11.5 | 5.0 | 3.0 | 3.6 | 4.3 | 4.0 | 3.2 | 3.6 |
Interest and dividends on tax-exempt investment securities | 0.0 | | | | | 0.0 | 0.0 | 0.0 |
Interest on deposits with other banks | | | 0.3 | 0.8 | 0.3 | 0.3 | | |
Total interest income | 113.8 | 70.2 | 59.7 | 59.8 | 55.9 | 48.0 | 40.7 | 38.9 |
|
INTEREST EXPENSE | | | | | | | | |
Interest on deposits | 10.0 | 4.5 | 6.4 | 8.7 | 3.5 | 2.2 | 2.4 | 3.3 |
Interest on short-term borrowings | | | 0.0 | 0.5 | 1.6 | 0.0 | | |
Interest on long-term borrowings | | | 0.6 | 0.4 | 0.1 | | | |
Total interest expense | 12.5 | 6.0 | 7.1 | 9.6 | 5.3 | 2.3 | 2.4 | 3.3 |
NET INTEREST INCOME | 101.3 | 64.1 | 52.6 | 50.1 | 50.6 | 45.7 | 38.2 | 35.5 |
|
Provision for credit losses | | | | | | | | |
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES | 99.4 | 64.5 | 48.7 | 49.4 | 49.0 | 43.4 | 36.4 | 33.5 |
|
NONINTEREST INCOME | | | | | | | | |
Interchange credits | 4.8 | 4.0 | | | | | | |
Mortgage-banking revenue | 5.2 | 0.9 | | | | | | |
Title Company revenue | 1.3 | 0.2 | | | | | | |
Other noninterest income | 4.3 | 3.1 | 6.0 | 4.6 | 3.6 | | | |
Total noninterest income | 23.1 | 13.5 | 10.7 | 10.0 | 9.0 | 8.2 | 16.6 | 15.4 |
|
NONINTEREST EXPENSE | | | | | | | | |
Salaries and wages | | | 14.9 | 15.4 | 16.5 | 15.1 | | |
Employee benefits | 9.9 | 7.3 | 6.5 | 5.3 | 4.0 | 3.6 | 4.0 | 3.9 |
Occupancy expense | | | 2.9 | 2.8 | 2.6 | 2.3 | | |
Furniture and equipment expense | 2.0 | 1.6 | 1.2 | 1.1 | 1.0 | 0.9 | 1.0 | 0.9 |
Data processing | | | 4.3 | 3.8 | 3.3 | 3.6 | | |
Directors' fees | 0.8 | 0.6 | 0.5 | 0.5 | | | | |
Amortization of other intangible assets | 2.0 | 0.7 | 0.5 | 0.6 | 0.9 | 0.2 | 0.1 | 0.1 |
FDIC insurance premium expense | | | 0.5 | 0.3 | 0.8 | 0.6 | | |
Other real estate owned expenses, net | | | 0.1 | 0.4 | 0.4 | | | |
Legal and professional fees | 2.8 | 1.7 | 2.3 | 2.2 | 2.0 | 2.3 | 1.9 | 2.4 |
Other noninterest expenses | | | 4.7 | 5.1 | 4.9 | 4.5 | | |
Total noninterest expense | 80.3 | 56.8 | 38.4 | 37.6 | 36.8 | 33.6 | 37.1 | 37.4 |
Income tax expense | 11.0 | 5.8 | 5.3 | 5.6 | 5.4 | 8.7 | 6.3 | 4.4 |
NET INCOME | 31.2 | 15.4 | 15.7 | 16.2 | 25.0 | 11.3 | 9.6 | 7.1 |
|
Earnings per common share - Basic and diluted | | | | | | | | |
Basic net income per common share | $1.57 | $1.17 | $1.27 | $1.27 | $1.96 | $0.89 | $0.76 | $0.56 |
Diluted net income per common share | $1.57 | $1.17 | $1.27 | $1.27 | $1.96 | $0.89 | $0.76 | $0.56 |
|
Dividends paid per common share | $480.00 | $480.00 | $0.48 | $0.42 | $0.32 | $0.22 | $140.00 | $40.00 |