v3.25.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans, including fees $ 49,232 $ 44,875
Securities:    
Taxable 3,013 2,887
Tax-exempt 240 245
Other 2,563 1,265
Total interest income 55,048 49,272
Interest expense:    
Deposits 16,852 15,392
Securities sold under repurchase agreements   22
Borrowed funds 1,659 509
Total interest expense 18,511 15,923
Net interest income 36,537 33,349
Provision for credit losses 400 200
Net interest income after provision for credit losses 36,137 33,149
Noninterest income:    
Service charges 2,011 1,634
Income from Ansay 1,181 979
Loan servicing income 732 726
Valuation adjustment on MSR 175 (312)
Net gain on sales of mortgage loans 334 219
Other 2,155 1,151
Total noninterest income 6,588 4,397
Noninterest expense:    
Salaries, commissions, and employee benefits 10,985 10,893
Occupancy 1,591 1,584
Data processing 2,444 2,389
Postage, stationery, and supplies 240 238
Net gain on sales and valuations of OREO   (47)
Net loss on sale of securities   34
Advertising 65 95
Charitable contributions 476 176
Federal deposit insurance 630 417
Outside service fees 788 876
Amortization of intangibles 1,298 1,500
Other 2,087 2,169
Total noninterest expense 20,604 20,324
Income before provision for income taxes 22,121 17,222
Provision for income taxes 3,880 1,810
Net Income $ 18,241 $ 15,412
Earnings per share - basic $ 1.82 $ 1.51
Earnings per share - diluted $ 1.82 $ 1.51