v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest income    
Loans, including fees $ 45,642 $ 32,641
Securities:    
Taxable 5,492 4,730
Tax exempt 1,451 1,409
Other 690 1,179
Total interest income 53,275 39,959
Interest expense    
Deposits 13,745 10,716
Advances from Federal Home Loan Bank 2,182 2,052
Other 706 880
Total interest expense 16,633 13,648
Net interest income 36,642 26,311
Provision for (reversal of) credit losses on loans 0 13,163
Provision for (reversal of) credit losses on unfunded commitments 0 0
Net Provision for (reversal of) credit losses expense 0 13,163
Net interest income after provision 36,642 13,148
Noninterest income    
Customer service charges 1,656 1,181
Interchange income 1,892 1,509
Insurance and investment commissions 551 295
Gains on sales of loans 408 444
Net gains (losses) on sales of securities (203) 0
Net gains on sales and write downs of other assets 9 10
Earnings on life insurance policies 584 389
Trust income 692 506
Change in market value of equity securities 26 107
Other 200 481
Total noninterest income 5,815 4,922
Noninterest expense    
Salaries and benefits 14,062 10,320
Occupancy and equipment 2,591 1,719
Data processing 2,290 1,999
Communications 555 380
Professional fees 982 697
Supplies and postage 335 244
Advertising and promotional 264 256
Intangible amortization 1,685 680
FDIC insurance 570 455
Merger related expenses 0 17,203
Other 2,442 1,712
Total noninterest expense 25,776 35,665
Income (Loss) before income tax expense (benefit) 16,681 (17,595)
Income tax expense (benefit) 2,977 (3,689)
Net income (loss) $ 13,704 $ (13,906)
Basic earnings (loss) per share (Note 4) $ 0.91 $ (1.3)
Diluted earnings (loss) per share (Note 4) 0.91 (1.29)
Dividends declared per share $ 0.29 $ 0.28