v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income    
Taxable loans, including fees $ 88,083 $ 97,031
Tax-exempt loans, including fees 40 46
Taxable securities 9,758 9,487
Tax-exempt securities 6,082 3,267
Other interest income 1,493 955
Total interest income 105,456 110,786
Interest expense    
Deposits 26,720 31,851
Short-term borrowings 4,590 3,192
Subordinated debt 2,269 2,729
Other interest expense 34 27
Total interest expense 33,613 37,799
Net interest income 71,843 72,987
Credit loss expense - loans and available-for-sale securities 213 900
Credit loss expense (recapture) - off-balance sheet credit exposures (201) (399)
Total provision for credit losses 12 501
Net interest income after credit loss expense 71,831 72,486
Non-interest income    
Net gains on securities 1,799 1
Income from company-owned life insurance 1,479 1,193
Bank debit and other card revenue 2,835 2,884
Other non-interest income 1,658 1,324
Total non-interest income 12,853 10,023
Non-interest expense    
Salaries and wages 21,413 20,941
Pensions and other employee benefits 5,370 5,136
Occupancy 4,027 4,045
Equipment rentals, depreciation and maintenance 4,188 4,084
Core deposit intangible amortization 3,684 4,298
ATM, card and network expense 1,134 1,132
FDIC and other regulatory assessments 1,140 914
Other operating 10,425 9,114
Total non-interest expense 51,381 49,664
Income before income taxes 33,303 32,845
Income tax expense 5,954 5,644
Net income 27,349 27,201
Preferred stock dividends 225 225
Net income applicable to common shares $ 27,124 $ 26,976
Earnings per common share:    
Basic (in dollars per share) $ 1.80 $ 1.80
Diluted (in dollars per share) $ 1.79 $ 1.80
Fiduciary and wealth management    
Non-interest income    
Revenue from contract with customer $ 3,227 $ 2,443
Service charges and fees    
Non-interest income    
Revenue from contract with customer $ 1,855 $ 2,178