v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income:    
Loans, including fees $ 64,573 $ 49,232
Securities:    
Taxable 6,139 3,013
Tax-exempt 277 240
Other 2,616 2,563
Total interest income 73,605 55,048
Interest expense:    
Deposits 20,049 16,852
Borrowed funds 340 1,659
Total interest expense 20,389 18,511
Net interest income 53,216 36,537
Provision for credit losses 400
Net interest income after provision for credit losses 53,216 36,137
Noninterest income:    
Service charges 4,690 2,011
Income from Ansay 975 1,181
Loan servicing income 955 732
Valuation adjustment on MSR 81 175
Net gain on sales of mortgage loans 1,076 334
Trust and wealth management 1,575 17
Other 1,180 2,138
Total noninterest income 10,532 6,588
Noninterest expense:    
Salaries, commissions, and employee benefits 21,789 10,985
Occupancy 2,556 1,591
Data processing 3,410 2,444
Postage, stationery, and supplies 439 240
Net gain on sales and valuations of OREO (191)  
Net loss on sale of securities 31  
Advertising 83 65
Charitable contributions 240 476
Federal deposit insurance 716 630
Outside service fees 2,400 788
Amortization of intangibles 2,572 1,298
Other 5,011 2,087
Total noninterest expense 39,056 20,604
Income before provision for income taxes 24,692 22,121
Provision for income taxes 4,704 3,880
Net Income $ 19,988 $ 18,241
Earnings per share - basic $ 1.78 $ 1.82
Earnings per share - diluted $ 1.78 $ 1.82