v3.25.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest income:      
Loans, including fees $ 196,823 $ 182,983 $ 177,628
Securities, taxable 26,451 20,817 27,351
Securities, exempt from Federal tax 830 890 945
Other investments, interest-bearing deposits in other financial institutions and Federal funds sold 32,895 35,654 26,225
Total interest income 256,999 240,344 232,149
Interest expense:      
Deposits 69,472 76,899 47,557
Short-term borrowings 0 0 1,365
Subordinated debt 2,152 2,152 2,152
Total interest expense 71,624 79,051 51,074
Net interest income before provision for credit losses on loans 185,375 161,293 181,075
Provision for credit losses on loans 1,816 2,139 749
Net interest income after provision for credit losses on loans 183,559 159,154 180,326
Noninterest income:      
Service charges and fees on deposit accounts $ 3,688 $ 3,561 $ 4,341
Revenue, Product and Service [Extensible Enumeration] Service charges and fees on deposit accounts Service charges and fees on deposit accounts Service charges and fees on deposit accounts
FHLB and FRB stock dividends $ 2,353 $ 2,355 $ 2,149
Increase in cash surrender value of life insurance 2,213 2,097 2,031
Termination fees 435 177 154
Servicing income 302 365 400
Gain on sales of SBA loans 215 473 482
Gain on proceeds from company owned life insurance 0 219 125
Other 2,883 1,856 1,465
Total noninterest income 12,089 11,103 11,147
Noninterest expense:      
Salaries and employee benefits 66,537 63,952 56,862
Occupancy and equipment 9,944 10,226 9,490
Professional fees 6,233 5,416 4,350
Other 45,145 33,989 30,352
Total noninterest expense 127,859 113,583 101,054
Income before income taxes 67,789 56,674 90,419
Income tax expense 19,959 16,146 25,976
Net income $ 47,830 $ 40,528 $ 64,443
Earnings per common share:      
Basic (in dollars per share) $ 0.78 $ 0.66 $ 1.06
Diluted (in dollars per share) $ 0.78 $ 0.66 $ 1.05