v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income:    
Loans receivable $ 102,152 $ 95,110
Debt securities available for sale and equity securities 10,223 9,742
Debt securities held to maturity 2,756 2,811
Federal funds and interest-earning deposits 2,380 2,858
Federal Home Loan Bank and Federal Reserve Bank stock dividends 1,360 1,642
Total interest income 118,871 112,163
Interest expense:    
Deposits 46,311 50,145
Borrowings 12,169 11,693
Total interest expense 58,480 61,838
Net interest income 60,391 50,325
Provision for credit losses 956 2,933
Net interest income after provision for credit losses 59,435 47,392
Non-interest income:    
Bank-owned life insurance 2,173 1,859
Loan fees and service charges 1,194 1,056
Change in fair value of equity securities (1,164) 308
Gain on sale of loans 20 515
Other non-interest income 1,820 2,199
Total non-interest income 6,747 8,471
Non-interest expense:    
Compensation and employee benefits 31,097 28,583
Occupancy 6,797 6,185
Federal deposit insurance premiums 1,585 1,880
Advertising 648 531
Professional fees 1,394 2,515
Data processing and software expenses 4,652 4,061
Merger-related expenses 1,823 0
Other non-interest expense, net (509) 90
Total non-interest expense 47,487 43,845
Income before income tax expense 18,695 12,018
Income tax expense 5,596 3,118
Net Income $ 13,099 $ 8,900
Earnings per share-basic (in dollars per share) $ 0.13 $ 0.09
Earnings per share-diluted (in dollars per share) $ 0.13 $ 0.09
Weighted average shares outstanding - basic (in shares) 101,266,942 101,816,716
Weighted average shares outstanding - diluted (in shares) 101,453,090 101,816,716
Demand deposit account fees    
Non-interest income:    
Revenue from contract with customer $ 2,046 $ 1,888
Title insurance fees    
Non-interest income:    
Revenue from contract with customer $ 658 $ 646