v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
INTEREST AND DIVIDEND INCOME        
Loans $ 90,087 $ 82,293 $ 177,210 $ 160,923
Due from banks 193 187 359 362
Available-for-sale debt securities 13,896 9,311 27,598 18,040
Held-to-maturity debt securities 1,222 1,220 2,440 2,437
Federal Home Loan Bank and other stock 543 635 1,003 1,346
Total Interest and Dividend Income 105,941 93,646 208,610 183,108
INTEREST EXPENSE        
Time certificates of deposits of $250,000 or more 4,192 4,140 8,670 8,647
Other deposits 22,338 23,339 43,869 45,482
Federal funds purchased and securities sold under agreements to repurchase 59 61 77 102
Other borrowings 5,369 5,976 10,150 12,085
Total Interest Expense 31,958 33,516 62,766 66,316
Net Interest Income 73,983 60,130 145,844 116,792
Less: Provision for credit loss expense 1,502 2,780 3,004 8,067
Net Interest Income After Provision for Credit Loss Expense 72,481 57,350 142,840 108,725
NONINTEREST INCOME        
Insurance commissions and fees 0 9,609 0 21,208
Wealth management fees 5,229 4,964 10,495 10,083
Service charges on deposit accounts 1,816 1,790 3,611 3,595
Card services income 3,296 3,150 5,938 5,776
Other income 2,797 2,998 4,933 6,867
Net (loss) gain on securities transactions (4) 1 (9) 15
Total Noninterest Income 13,134 22,512 24,968 47,544
NONINTEREST EXPENSE        
Salaries and wages 22,955 26,368 44,903 51,345
Other employee benefits 5,875 7,162 12,682 14,262
Net occupancy expense of premises 3,296 3,108 6,751 6,678
Furniture and fixture expense 2,025 2,069 4,052 3,856
Other operating expense 12,915 12,916 26,404 26,089
Total Noninterest Expenses 47,066 51,623 94,792 102,230
Income before income tax expense 38,549 28,239 73,016 54,039
Income Tax Expense 9,245 6,768 17,638 12,889
Net Income $ 29,304 $ 21,471 $ 55,378 $ 41,150
Basic Earnings Per Share (in dollars per share) $ 2.06 $ 1.51 $ 3.89 $ 2.89
Diluted Earnings Per Share (in dollars per share) $ 2.04 $ 1.50 $ 3.86 $ 2.87