v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and dividend income:    
Loans $ 241,521 $ 241,332
Investment securities 32,698 23,528
Money market investments and interest-bearing cash accounts 5,630 12,205
Total interest and dividend income 279,849 277,065
Interest expense:    
Deposits 55,931 58,497
Short-term borrowings 58 76
Long-term borrowings 2,904 6,095
Total interest expense 58,893 64,668
Net interest income 220,956 212,397
Provision for credit losses - expense (benefit):    
Loans and finance leases 17,170 24,837
Unfunded loan commitments 107 (63)
Debt securities (4) 36
Provision for credit losses - expense 17,273 24,810
Net interest income after provision for credit losses 203,683 187,587
Non-interest income:    
Service charges and fees on deposit accounts 9,932 9,640
Mortgage banking activities 4,043 3,177
Insurance commission income 5,944 5,805
Card and processing income 11,758 11,475
Other non-interest income 6,008 5,637
Total non-interest income 37,685 35,734
Non-interest expenses:    
Employees' compensation and benefits 65,299 62,137
Occupancy and equipment 22,063 22,630
Business promotion 3,555 3,278
Professional service fees 12,912 11,486
Taxes, other than income taxes 6,184 5,878
FDIC deposit insurance 2,058 2,236
Net gain on OREO operations (937) (1,129)
Credit and debit card processing expenses 7,327 5,110
Communications 2,288 2,245
Other non-interest expenses 6,356 9,151
Total non-interest expenses 127,105 123,022
Income before income taxes 114,263 100,299
Income tax expense 25,485 23,240
Net income 88,778 77,059
Net income attributable to common stockholders $ 88,778 $ 77,059
Net income per common share:    
Basic $ 0.57 $ 0.47
Diluted $ 0.57 $ 0.47