v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and Dividend Income    
Interest and fees on loans and loans held for sale $ 39,977 $ 37,470
Interest on investment securities available for sale 3,005 2,952
Dividends on marketable equity securities 157 145
Interest on investment securities held to maturity 466 473
Dividends on Federal Home Loan Bank stock 146 105
Interest on deposits in other banks 1,145 416
Total Interest and Dividend Income 44,896 41,561
Interest Expense    
Interest expense on deposits 8,997 9,935
Interest expense on borrowings 79 237
Interest expense on subordinated debentures 1,159 92
Total Interest Expense 10,235 10,264
Net Interest Income 34,661 31,297
Provision (benefit) for credit losses 960 (1,409)
Net Interest Income After Provision (Benefit) for Credit Losses 33,701 32,706
Other Operating Income    
Mortgage banking income 6,461 4,251
Purchased receivable income 6,132 6,150
Unrealized (loss) on marketable equity securities (256) (50)
Other income 642 938
Total Other Operating Income 14,879 13,040
Other Operating Expense    
Salaries and other personnel expense 19,506 17,223
Data processing expense 3,305 3,104
Occupancy expense 2,104 1,889
Professional and outside services 1,159 1,115
Marketing expense 901 672
Compensation expense - Sallyport acquisition payments 500 600
Insurance expense 404 1,017
OREO expense, net rental income and gains on sale 12 3
Other expense 2,731 2,548
Total Other Operating Expense 30,622 28,171
Income Before Provision for Income Taxes 17,958 17,575
Provision for income taxes 4,283 4,251
Net Income $ 13,675 $ 13,324
Earnings Per Share, Basic (in USD per share) $ 0.62 $ 0.60
Earnings Per Share, Diluted (in USD per share) $ 0.61 $ 0.60
Weighted Average Common Shares Outstanding, Basic (in shares) 22,166,888 22,079,992
Weighted Average Common Shares Outstanding, Diluted (in shares) 22,577,720 22,432,408
Bankcard fees    
Other Operating Income    
Bankcard fees and Service charges on deposit accounts $ 1,089 $ 1,074
Service charges on deposit accounts    
Other Operating Income    
Bankcard fees and Service charges on deposit accounts $ 811 $ 677