v3.25.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
INTEREST INCOME      
Interest and fees on loans $ 238,833 $ 228,585 $ 197,725
Interest on securities      
Taxable 15,005 18,883 23,314
Tax-exempt 10,943 13,100 13,209
Other investments 4,956 6,208 5,429
Total Interest Income 269,737 266,776 239,677
INTEREST EXPENSE      
Deposits 83,498 92,694 75,075
Other borrowings and subordinated debt and debentures 6,224 7,834 8,273
Total Interest Expense 89,722 100,528 83,348
Net Interest Income 180,015 166,248 156,329
Provision for credit losses 6,135 4,468 6,210
Net Interest Income After Provision for Credit Losses 173,880 161,780 150,119
NON-INTEREST INCOME      
Interchange income 13,860 13,992 13,996
Service charges on deposit accounts 12,022 11,870 12,361
Net gains (losses) on assets      
Mortgage loans 6,780 6,579 7,436
Equity securities at fair value 0 2,685 0
Securities available for sale (370) (428) (222)
Mortgage loan servicing, net 827 9,447 4,626
Other 12,525 12,217 12,479
Total Non-interest Income 45,644 56,362 50,676
NON-INTEREST EXPENSE      
Compensation and employee benefits 85,194 84,955 78,965
Data processing 14,788 13,579 11,862
Occupancy, net 8,567 7,806 7,908
Interchange expense 4,641 4,504 4,332
Furniture, fixtures and equipment 3,467 3,762 3,756
Advertising 3,211 3,058 2,165
FDIC deposit insurance 2,824 2,870 3,005
Loan and collection 2,737 2,474 2,174
Legal and professional 2,448 2,566 2,208
Communications 1,997 2,095 2,406
Other 8,359 7,427 8,338
Total Non-interest Expense 138,233 135,096 127,119
Income Before Income Tax 81,291 83,046 73,676
Income tax expense 12,750 16,256 14,609
Net Income $ 68,541 $ 66,790 $ 59,067
Net income per common share      
Basic (in dollars per share) $ 3.30 $ 3.20 $ 2.82
Diluted (in dollars per share) $ 3.27 $ 3.16 $ 2.79