v3.25.2
Consolidated Condensed Statements Of Income - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest and dividend income:        
Interest and fees on loans $ 125,543,000 $ 115,318,000 $ 246,191,000 $ 226,529,000
Interest and dividends on:        
Obligations of U.S. Government, its agencies and other securities 6,693,000 10,950,000 13,823,000 22,849,000
Interest Income, Securities, State and Municipal 1,503,000 1,382,000 2,772,000 2,792,000
Other interest income 2,757,000 1,254,000 5,910,000 3,374,000
Total interest and dividend income 136,496,000 128,904,000 268,696,000 255,544,000
Interest on deposits:        
Demand and savings deposits 19,055,000 20,370,000 37,491,000 40,225,000
Time deposits 5,821,000 7,525,000 12,591,000 14,863,000
Interest on borrowings:        
Short-term borrowings 300,000 811,000 591,000 2,275,000
Long-term debt 2,329,000 2,361,000 4,655,000 4,721,000
Total interest expense 27,505,000 31,067,000 55,328,000 62,084,000
Net interest income 108,991,000 97,837,000 213,368,000 193,460,000
Provision for credit losses 2,853,000 3,113,000 3,609,000 5,293,000
Net interest income after provision for credit losses 106,138,000 94,724,000 209,759,000 188,167,000
Noninterest Income [Abstract]        
Debit card fee income 6,607,000 6,580,000 12,696,000 12,823,000
Bank owned life insurance income 1,762,000 1,565,000 3,274,000 4,194,000
ATM Fees 367,000 458,000 702,000 954,000
Gains (Losses) on Sales of Other Real Estate 27,000 (7,000) (202,000) 114,000
Debt Securities, Available-for-Sale, Gain (Loss) 0 0 0 (398,000)
(Gain) loss on equity securities, net 2,480,000 358,000 1,618,000 (329,000)
Other components of net periodic benefit income 2,344,000 2,204,000 4,688,000 4,408,000
Other 732,000 1,788,000 952,000 2,726,000
Total other income 32,186,000 28,794,000 57,932,000 54,994,000
Other expense:        
Salaries and employee benefits 38,560,000 35,954,000 74,776,000 71,687,000
Employee Benefits and Share-based Compensation 9,108,000 9,873,000 19,624,000 21,433,000
Occupancy expense 3,269,000 2,975,000 6,788,000 6,156,000
Furniture and equipment expense 2,234,000 2,454,000 4,535,000 5,037,000
Data processing fees 11,021,000 9,542,000 21,550,000 18,350,000
Professional fees and services 7,395,000 6,022,000 14,702,000 12,839,000
Marketing 1,295,000 1,164,000 2,823,000 2,905,000
Insurance 1,667,000 1,777,000 3,353,000 3,495,000
Communication 941,000 1,002,000 2,143,000 2,038,000
Excise and Sales Taxes 1,350,000 1,129,000 2,536,000 2,239,000
Amortization of Intangible Assets 273,000 320,000 547,000 640,000
Other expense 1,864,000 2,977,000 3,764,000 5,598,000
Total other expense 78,977,000 75,189,000 157,141,000 152,417,000
Income before income taxes 59,347,000 48,329,000 110,550,000 90,744,000
Income taxes 11,228,000 8,960,000 20,274,000 16,171,000
Net income $ 48,119,000 $ 39,369,000 $ 90,276,000 $ 74,573,000
Net income available to common shareholders        
Basic $ 2.98 $ 2.44 $ 5.59 $ 4.62
Diluted $ 2.97 $ 2.42 $ 5.56 $ 4.60
Weighted average common shares outstanding        
Basic 16,129,951 16,149,523 16,144,647 16,133,183
Diluted 16,215,565 16,239,617 16,227,150 16,215,342
Cash dividends declared $ 1.07 $ 1.06 $ 2.14 $ 2.12
Fiduciary and Trust [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 11,622,000 $ 10,728,000 $ 22,616,000 $ 20,752,000
Deposit Account [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax 2,514,000 2,214,000 4,921,000 4,320,000
Bank Servicing [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 3,731,000 $ 2,906,000 $ 6,667,000 $ 5,430,000