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        
Interest and fees on loans and loans held for sale $ 42,328 $ 40,519 $ 82,305 $ 77,989
Interest on investment securities available for sale 3,212 3,026 6,217 5,978
Dividends on marketable equity securities 180 146 337 291
Interest on investment securities held to maturity 492 473 958 946
Dividends on Federal Home Loan Bank stock 147 120 293 225
Interest on deposits in other banks 795 515 1,940 931
Total Interest and Dividend Income 47,154 44,799 92,050 86,360
Interest Expense        
Interest expense on deposits 8,777 10,304 17,774 20,239
Interest expense on borrowings 79 809 158 1,047
Interest expense on subordinated debentures 1,162 94 2,321 185
Total Interest Expense 10,018 11,207 20,253 21,471
Net Interest Income 37,136 33,592 71,797 64,889
Provision for credit losses 1,627 1,976 2,587 567
Net Interest Income After Provision for Credit Losses 35,509 31,616 69,210 64,322
Other Operating Income        
Mortgage banking income 7,138 7,400 13,599 11,651
Purchased receivable income 6,473 5,897 12,605 12,047
Unrealized gain (loss) on marketable equity securities 164 78 (92) 28
Other income 721 1,386 1,363 2,324
Total Other Operating Income 16,737 16,640 31,616 29,680
Other Operating Expense        
Salaries and other personnel expense 20,784 20,854 40,290 38,077
Data processing expense 3,482 3,366 6,787 6,470
Occupancy expense 1,825 2,104 3,929 3,993
Professional and outside services 1,428 1,113 2,587 2,228
Marketing expense 686 1,042 1,587 1,714
Compensation expense - Sallyport acquisition payments 500 600 1,000 1,200
Insurance expense 432 756 836 1,773
OREO expense, net rental income and gains on sale 102 2 114 5
Other expense 2,783 2,651 5,514 5,199
Total Other Operating Expense 32,022 32,488 62,644 60,659
Income Before Provision for Income Taxes 20,224 15,768 38,182 33,343
Provision for income taxes 4,882 3,990 9,165 8,241
Net Income $ 15,342 $ 11,778 $ 29,017 $ 25,102
Earnings Per Share, Basic (in USD per share) $ 0.69 $ 0.53 $ 1.31 $ 1.14
Earnings Per Share, Diluted (in USD per share) $ 0.68 $ 0.52 $ 1.29 $ 1.12
Weighted Average Common Shares Outstanding, Basic (in shares) 22,244,766 22,087,244 22,205,827 22,083,620
Weighted Average Common Shares Outstanding, Diluted (in shares) 22,544,448 22,446,232 22,560,798 22,446,936
Bankcard fees        
Other Operating Income        
Bankcard fees and Service charges on deposit accounts $ 1,329 $ 1,153 $ 2,418 $ 2,227
Service charges on deposit accounts        
Other Operating Income        
Bankcard fees and Service charges on deposit accounts $ 912 $ 726 $ 1,723 $ 1,403