v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and dividend income:    
Real estate secured loans $ 191,503 $ 187,054
Commercial loans 77,901 75,819
Consumer loans 9,900 10,158
Available for sale debt securities and Federal Home Loan Bank stock 33,282 29,644
Held to maturity debt securities 1,794 1,996
Deposits, Federal funds sold and other short-term investments 686 675
Total interest and dividend income 315,066 305,346
Interest expense:    
Deposits 91,936 97,420
Borrowed funds 21,011 17,778
Subordinated debt 8,376 8,420
Total interest expense 121,323 123,618
Net interest income 193,743 181,728
Provision for credit losses (2,116) 638
Net interest income after provision for credit losses 195,859 181,090
Non-interest income:    
Fees 10,464 9,655
Wealth management income 7,402 7,328
Insurance agency income 6,850 5,651
Bank-owned life insurance 4,034 2,092
Net gain on securities transactions 0 87
Other income 2,703 2,217
Total non-interest income 31,453 27,030
Non-interest expense:    
Compensation and employee benefits 66,196 62,366
Net occupancy expense 14,985 13,927
Data processing expense 9,646 9,605
FDIC insurance 2,841 3,385
Amortization of intangibles 8,563 9,501
Advertising and promotion expense 938 1,060
Other operating expenses 13,972 16,423
Total non-interest expense 117,141 116,267
Income before income tax expense 110,171 91,853
Income tax expense 30,754 27,825
Net income $ 79,417 $ 64,028
Basic earnings per share (usd per share) $ 0.61 $ 0.49
Weighted average basic shares outstanding (in shares) 130,511,676 130,325,393
Diluted earnings per share (usd per share) $ 0.61 $ 0.49
Weighted average diluted shares outstanding (in shares) 130,588,635 130,380,475