v3.25.2
OPERATING SEGMENTS - Financial Results (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
OPERATING SEGMENTS        
Interest income $ 80,975 $ 80,927 $ 161,218 $ 158,317
Interest expense 30,012 34,109 60,921 66,683
NET INTEREST INCOME 50,963 46,818 100,297 91,634
Net interest income after credit loss expense 51,073 47,425 100,755 91,611
Non-interest Income        
Commissions 411 269 673 650
Overdraft and insufficient funds fees 1,266 1,230 2,481 2,519
Point-Of-Sale and ATM fee income and service charges 3,444 3,588 6,678 6,771
Net gains on loan sales 893 1,127 1,494 1,804
Late charges and fees on loans 340 136 583 303
Other income 1,886 3,490 2,945 4,612
TOTAL NON-INTEREST INCOME 8,212 9,833 14,802 16,639
Non-interest Expense        
Net occupancy expense 8,435 7,841 16,968 15,680
Postage 825 777 1,756 1,584
Advertising 705 891 995 1,241
Office supplies and printing 238 236 504 503
Telephone 705 685 1,411 1,406
Legal, audit and other professional fees 929 1,864 1,967 3,589
Expense (income) on other real estate and repossessions (168) 285 (238) 346
Intangible asset amortization 108 109 216 217
Other operating expenses 2,128 2,572 3,854 4,316
TOTAL NON-INTEREST EXPENSE 35,005 36,409 69,827 70,831
INCOME BEFORE INCOME TAXES 24,280 20,849 45,730 37,419
Provision for Income Taxes 4,494 3,861 8,784 7,024
NET INCOME 19,786 16,988 36,946 30,395
Banking segment        
OPERATING SEGMENTS        
Interest income 80,975 80,927 161,218 158,317
Interest expense 30,012 34,109 60,921 66,683
NET INTEREST INCOME 50,963 46,818 100,297 91,634
Credit loss expense (110) (607) (458) 23
Net interest income after credit loss expense 51,073 47,425 100,755 91,611
Non-interest Income        
Commissions 411 269 673 650
Overdraft and insufficient funds fees 1,266 1,230 2,481 2,519
Point-Of-Sale and ATM fee income and service charges 3,444 3,588 6,678 6,771
Net gains on loan sales 893 1,127 1,494 1,804
Late charges and fees on loans 340 136 583 303
Fees from debit card contracts 368 346 868 1,101
Other income 1,490 3,137 2,025 3,491
TOTAL NON-INTEREST INCOME 8,212 9,833 14,802 16,639
Non-interest Expense        
Salaries and incentives 16,275 16,216 32,478 32,078
Employee benefits 3,730 3,670 7,656 7,464
Net occupancy expense 3,003 2,967 6,382 5,985
Technology, furniture and equipment expense 5,432 4,874 10,586 9,695
Postage 825 777 1,756 1,584
Insurance 1,095 1,263 2,260 2,407
Advertising 705 891 995 1,241
Office supplies and printing 238 236 504 503
Telephone 705 685 1,411 1,406
Legal, audit and other professional fees 929 1,864 1,967 3,589
Expense (income) on other real estate and repossessions (168) 285 (238) 346
Intangible asset amortization 108 109 216 217
Travel meals and entertainment 711 606 950 828
Other operating expenses 1,417 1,966 2,904 3,488
TOTAL NON-INTEREST EXPENSE 35,005 36,409 69,827 70,831
INCOME BEFORE INCOME TAXES 24,280 20,849 45,730 37,419
Provision for Income Taxes 4,494 3,861 8,784 7,024
NET INCOME $ 19,786 $ 16,988 $ 36,946 $ 30,395