v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Loans, including fees $ 62,214 $ 63,853 $ 120,835 $ 125,348
Investment securities        
Taxable 7,258 5,310 14,363 11,017
Exempt from federal income taxes 155 160 312 320
Other 999 1,101 2,093 1,920
Total interest income 70,626 70,424 137,603 138,605
Interest Expense        
Deposits 18,938 22,758 38,012 46,293
Short-term borrowings 2,935 3,982 5,292 6,821
Long-term debt 1,041 652 1,676 1,302
Total interest expense 22,914 27,392 44,980 54,416
Net interest income 47,712 43,032 92,623 84,189
Provision for (recovery of) credit losses 495 0 (4,388) 863
Net interest income after provision for (recovery of) credit losses 47,217 43,032 97,011 83,326
Noninterest Income        
Gain on sale of non-mortgage loans 0 2,115 0 2,115
Other 3,592 1,930 5,327 4,376
Total noninterest income 32,945 31,763 63,792 59,395
Noninterest Expense        
Compensation 26,155 24,343 50,242 47,304
Employee taxes and benefits 6,755 6,633 13,395 14,396
Occupancy and equipment expense 3,493 2,559 6,919 5,466
Business services, software and technology expense 5,440 5,868 11,279 11,620
Intangible amortization expense 1,974 2,710 3,949 5,419
Professional fees and assessments 3,781 2,339 7,581 5,335
Marketing and business development 869 787 1,730 1,752
Supplies and postage 540 490 1,146 1,121
Travel 357 347 718 634
Mortgage and lending expenses 614 940 1,323 1,476
Other noninterest expense 2,905 1,422 4,992 4,282
Total noninterest expense 52,883 48,438 103,274 98,805
Net income (loss) before taxes 27,279 26,357 57,529 43,916
Income tax expense 6,414 6,104 13,693 10,349
Net income $ 20,865 $ 20,253 $ 43,836 $ 33,567
Per Common Share Data        
Basic earnings per common share (in dollars per share) $ 0.82 $ 0.79 $ 1.72 $ 1.31
Diluted earnings per common share (in dollars per share) 0.81 0.78 1.7 1.3
Dividends declared per common share (in dollars per share) $ 0.22 $ 0.21 $ 0.43 $ 0.41
Weighted-average common shares outstanding for basic earnings per share (in shares) 25,081 25,368 25,230 25,363
Diluted average common shares outstanding (in shares) 25,395 25,714 25,537 25,683
Retirement and Benefit Services [Member]        
Noninterest Income        
Revenue from Contract with Customer, Including Assessed Tax $ 17,347 $ 16,024 $ 34,754 $ 32,130
Wealth Management [Member]        
Noninterest Income        
Revenue from Contract with Customer, Including Assessed Tax 7,705 7,363 14,942 14,267
Mortgage Banking [Member]        
Noninterest Income        
Revenue from Contract with Customer, Including Assessed Tax 3,195 3,651 6,730 5,177
Deposit Account [Member]        
Noninterest Income        
Revenue from Contract with Customer, Including Assessed Tax $ 1,106 $ 680 $ 2,039 $ 1,330