v3.26.1
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income:    
Loans $ 158,554 $ 153,408
Mortgage-backed securities 29,123 28,457
Investment securities and other 6,449 7,357
Total interest income 194,126 189,222
Interest expense:    
Deposits 33,868 36,292
Securities sold under agreements to repurchase 1,855 710
Advances from FHLB and other borrowings 4,590 3,149
Total interest expense 40,313 40,151
Net interest income 153,813 149,071
Provision for credit losses 22,483 25,688
Net interest income after provision for credit losses 131,330 123,383
Non-interest income:    
Banking service revenue 16,944 15,981
Wealth management revenue 8,913 8,455
Mortgage banking activities 6,131 4,776
Total banking and financial service revenues 31,988 29,212
Other non-interest income 179 305
Total non-interest income 32,167 29,517
Non-interest expense:    
Compensation and employee benefits 41,347 39,932
Occupancy, equipment and infrastructure costs 13,418 14,820
Electronic banking charges 8,604 9,670
Information technology expenses 6,597 6,287
Professional and service fees 6,214 5,118
Taxes, other than payroll and income taxes 4,133 3,726
Insurance 2,873 2,766
Advertising, business promotion, and strategic initiatives 3,016 2,617
Loan servicing and clearing expenses 2,564 2,234
Communication 1,099 1,120
Printing, postage, stationery and supplies 1,487 1,147
Director and investor relations 313 333
Foreclosed real estate and other repossessed assets (income) expenses, net (114) 1,028
Other 3,152 2,654
Total non-interest expense 94,703 93,452
Income before income taxes 68,794 59,448
Income tax expense 14,857 13,876
Net income available to common shareholders $ 53,937 $ 45,572
Earnings per common share:    
Basic (in dollars per share) $ 1.26 $ 1.01
Diluted (in dollars per share) $ 1.26 $ 1.00
Average common shares outstanding and equivalents (in shares) 42,956 45,509
Cash dividends per share of common stock (in dollars per share) $ 0.35 $ 0.30