v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest income:      
Loans and leases, including fees $ 248,666 $ 213,562 $ 186,479
Securities:      
Taxable 20,161 20,151 16,665
Tax-exempt 1,726 1,406 1,418
Federal funds sold and other earning assets 15,419 16,000 13,481
Total interest income 285,972 251,119 218,043
Interest expense:      
Deposits 114,747 109,260 84,260
Borrowings 155 1,075 936
Subordinated debt 4,966 3,434 2,767
Total interest expense 119,868 113,769 87,963
Net interest income 166,104 137,350 130,080
Provision for credit losses 7,750 5,153 3,029
Net interest income after provision for credit losses 158,354 132,197 127,051
Noninterest income:      
Service charges on deposit accounts 7,161 6,862 6,511
Gain (loss) on sale of securities, net 3,719 (64) 6,801
Mortgage banking 2,673 1,579 1,040
Investment services 6,582 5,945 5,105
Insurance commissions 4,016 5,696 4,684
Interchange and debit card transaction fees, net 5,275 5,277 5,457
Gain on sale of SBK Insurance ("SBKI") 3,955    
Other 8,409 8,729 6,329
Total noninterest income 34,352 34,152 22,325
Noninterest expense:      
Salaries and employee benefits 78,297 72,100 65,749
Occupancy and equipment 13,686 13,617 13,451
FDIC insurance 4,002 3,390 3,156
Other real estate and loan related expense 3,242 2,823 2,397
Advertising and marketing 1,619 1,321 1,342
Data processing and technology 10,316 9,930 9,235
Professional services 4,775 4,207 3,443
Amortization of intangibles 2,150 2,425 2,624
Merger related and restructuring expenses 1,326   110
Other 11,792 11,077 11,643
Total noninterest expense 131,205 120,890 113,150
Income before income tax expense 61,501 45,459 36,226
Income tax expense 11,154 9,318 7,633
Net income $ 50,347 $ 36,141 $ 28,593
Earnings per common share:      
Basic (in dollars per share) $ 3 $ 2.16 $ 1.7
Diluted (in dollars per share) $ 2.98 $ 2.14 $ 1.69
Weighted average common shares outstanding:      
Basic (in shares) 16,779,019 16,768,956 16,805,068
Diluted (in shares) 16,896,519 16,875,456 16,911,185