v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and dividend income    
Loans, including fees $ 91,462 $ 62,997
Securities, taxable 13,659 9,114
Securities, nontaxable 222 377
Federal funds sold and other 2,681 2,196
Total interest and dividend income 108,024 74,684
Interest expense    
Deposits 30,478 19,377
Federal funds purchased and retail repurchase agreements 192 248
Federal Home Loan Bank advances 1,886 2,916
Bank stock loan 4 0
Subordinated debt 1,800 1,851
Total interest expense 34,360 24,392
Net interest income 73,664 50,292
Provision (reversal) for credit losses 5,955 2,722
Net interest income after provision (reversal) for credit losses 67,709 47,570
Non-interest income    
Increase in value of bank-owned life insurance 1,398 3,593
Net gain (loss) from securities transactions (108) 12
Other 2,239 2,051
Total non-interest income 9,487 10,330
Non-interest expense    
Salaries and employee benefits 26,255 19,954
Net occupancy and equipment 4,789 3,675
Data processing 5,388 5,086
Professional fees 1,768 1,527
Advertising and business development 1,666 1,344
Telecommunications 690 587
FDIC insurance 765 630
Courier and postage 645 799
Free nationwide ATM cost 566 513
Amortization of core deposit intangibles 1,928 1,045
Loan expense 498 129
Other real estate owned and repossessed assets, net 91 101
Merger expenses 5,725 66
Other 4,195 3,594
Total non-interest expense 54,969 39,050
Income (loss) before income tax 22,227 18,850
Provision (benefit) for income taxes 5,261 3,809
Net income (loss) and net income (loss) allocable to common stockholders $ 16,966 $ 15,041
Basic earnings (loss) per share $ 0.81 $ 0.86
Diluted earnings (loss) per share $ 0.8 $ 0.85
Service Charges and Fees [Member]    
Non-interest income    
Non-interest income $ 2,493 $ 2,064
Debit Card Income [Member]    
Non-interest income    
Non-interest income 3,117 2,504
Mortgage Banking [Member]    
Non-interest income    
Non-interest income $ 348 $ 106