v3.25.4
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest and fees on loans:      
Taxable $ 120,597 $ 110,396 $ 98,854
Tax-exempt 2,420 2,396 2,225
Income from available-for-sale debt securities:      
Taxable 10,420 8,593 8,555
Tax-exempt 2,292 2,260 2,427
Other interest and dividend income 3,488 4,433 1,443
Total interest and dividend income 139,217 128,078 113,504
INTEREST EXPENSE      
Interest on deposits 39,475 39,200 24,233
Interest on short-term borrowings 7 1,168 3,240
Interest on long-term borrowings - FHLB advances 6,468 7,188 4,230
Interest on senior notes, net 931 481 479
Interest on subordinated debt, net 483 926 922
Total interest expense 47,364 48,963 33,104
Net interest income 91,853 79,115 80,400
Provision for credit losses 6,073 2,195 186
Net interest income after provision for credit losses 85,780 76,920 80,214
NONINTEREST INCOME      
Trust revenue 8,212 7,928 7,413
Brokerage and insurance revenue 2,313 2,271 1,675
Net gains from sale of loans 1,483 1,158 723
Increase in cash surrender value of life insurance 1,927 1,830 2,703
Other noninterest income 5,637 5,230 4,610
Realized gains on available-for-sale debt securities, net 38 0 (3,036)
Total noninterest income 30,852 29,209 24,417
NONINTEREST EXPENSE      
Salaries and employee benefits 47,386 44,930 44,195
Net occupancy and equipment expense 5,860 5,473 5,357
Data processing and telecommunications expense 8,742 7,768 7,582
Automated teller machine and interchange expense 1,863 1,818 1,682
Pennsylvania shares tax 1,904 1,733 1,602
Professional fees 2,759 2,175 2,497
Merger-related expenses 7,940 0 0
Other noninterest expense 11,535 10,361 11,233
Total noninterest expense 87,989 74,258 74,148
Income before income tax provision 28,643 31,871 30,483
Income tax provision 5,216 5,913 6,335
NET INCOME $ 23,427 $ 25,958 $ 24,148
EARNINGS PER COMMON SHARE - BASIC (in dollars per share) $ 1.46 $ 1.69 $ 1.57
Service charges on deposit accounts      
NONINTEREST INCOME      
Revenue $ 5,976 $ 5,867 $ 5,567
Interchange revenue from debit card transactions      
NONINTEREST INCOME      
Revenue 4,623 4,276 4,160
Loan servicing fees, net      
NONINTEREST INCOME      
Revenue $ 643 $ 649 $ 602