v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and dividend income    
Loans, including fees $ 49,230 $ 47,646
Taxable securities 3,954 3,555
Tax-exempt securities 2,303 2,340
Deposits in other banks 322 192
Total interest and dividend income 55,809 53,733
Interest expense    
Deposits 15,453 15,716
Federal Home Loan Bank advances 1,353 3,938
Subordinated debentures 1,108 1,161
Other borrowings 72 145
Total interest expense 17,986 20,960
Net interest income 37,823 32,773
Provision for (recovery of) credit losses - loans and leases (768) 1,248
Provision for credit losses - off-balance sheet credit exposures 139 319
Net interest income after provision 38,452 31,206
Noninterest income    
Service charges 1,714 1,524
Net gain (loss) on equity securities 33 (29)
Net gain on sale of loans and leases 1,605 604
ATM/Interchange fees 1,386 1,326
Wealth management fees 1,433 1,340
Lease revenue and residual income 1,630 1,896
Bank owned life insurance 390 387
Swap fees 56 72
Other 1,184 740
Total noninterest income 9,431 7,860
Noninterest expense    
Compensation expense 16,229 14,043
Net occupancy expense 1,623 1,634
Contracted data processing 730 567
FDIC Assessment 423 873
State franchise tax 554 526
Professional services 1,585 2,090
Equipment expense 2,089 2,103
ATM/Interchange expense 732 580
Marketing 478 296
Amortization of core deposit intangible assets 696 332
Software maintenance expense 1,475 1,277
Other operating expenses 3,259 2,805
Total noninterest expense 29,873 27,126
Income before taxes 18,010 11,940
Income tax expense 3,021 1,772
Net Income $ 14,989 $ 10,168
Earnings per common share, basic $ 0.72 $ 0.66
Earnings per common share, diluted $ 0.72 $ 0.66